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Carter Machinery, founded in Virginia in 1952, is a producer of
lubricants for engines and other mechanical purposes. By the 1980s, it
also became the largest dealer in Caterpillar equipment in the United
States,[1] and it was acquired by Caterpillar, Inc. in 1988. Carterpillar
contended that the acquisition, breaking its tradition of having only
independent dealerships, was necessary to protect its right to dictate
who could sell and service their product in the state of Virginia.[2] Carter
was bought out by its management in 2011, again becoming an
independent dealer for Caterpillar.[3]
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This page was last edited on 8 February 2019, at 14:08 (UTC).
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