Caterpillar Acquires Fabick Cat Dealership And Appoints Steve Ferguson As CEO

Caterpillar, a global manufacturer of construction and mining equipment, has completed its acquisition of John Fabick Tractor Company, commonly known as Fabick Cat, a longstanding Caterpillar equipment dealership serving customers across the Midwest.

The acquisition follows an agreement announced in September 2026 and brings a dealership with more than 100 years of operating history under Caterpillar’s ownership.

Fabick serves customers in portions of Missouri and Illinois, the entire state of Wisconsin, and Michigan’s Upper Peninsula.

The company provides equipment sales, service, and customer support across its operating territory.

Caterpillar said the transaction was designed to support a seamless ownership transition while preserving the customer relationships and local service capabilities established by Fabick.

Following the acquisition, Caterpillar appointed Senior Vice President Steve Ferguson as Fabick’s CEO and dealer principal.

Ferguson joined Caterpillar in 1990 and has held leadership positions across the company’s mining, power and energy, finance, and operational businesses.

He most recently served as senior vice president of Caterpillar’s Industrial Power Systems Division.

His appointment provides the dealership with leadership drawn from Caterpillar’s broader organization as it transitions into its new ownership structure.

The acquisition reflects Caterpillar’s efforts to maintain continuity for customers, employees, and regional operations.

Fabick’s existing service network and relationships will remain important to the business as it continues supporting construction, industrial, and other equipment customers.

For Caterpillar, the transaction represents a direct investment in a longstanding distribution partner and its established market presence.

KEY QUOTES:

“Fabick customers have come to expect outstanding service and support, and completion of this acquisition ensures that commitment will continue.”

Joe Creed, Chairman And CEO Of Caterpillar

“Fabick has built deep customer relationships, an experienced team and a strong commitment to the communities it serves. I look forward to building on that momentum as we begin this next chapter—working together to support our customers, create opportunities for our employees and carry Fabick’s proud legacy forward.”

Steve Ferguson, CEO And Dealer Principal Of Fabick Cat