As previously announced, Caterpillar has entered into a preliminary agreement to sell the Cat® purpose-built forestry business to Weiler, Inc. Ring Power will work closely with Weiler and Caterpillar to ensure a smooth transition for customers.
Weiler will design and manufacture purpose-built forestry products out of the existing manufacturing plant and warehouse in LaGrange, Georgia. Caterpillar will continue to provide forestry excavators designed for log loading, processing and other forestry applications, in addition to supplying core Caterpillar equipment to the forestry industry. Ring Power will continue to support the sales and service for the complete forestry portfolio.
Founded in 2000, Weiler has a long-standing history of successfully manufacturing purpose-built equipment and they currently produce an extensive portfolio of products distributed through the Cat dealer network.
“We have a strong commitment to customer success and a proven track record of working with Cat dealers all over the world,” commented Pat Weiler, owner and founder of Weiler, Inc. “We are an engineering-led company that focuses on reacting quickly to customer needs. Our company structure allows us to make decisions quickly and execute efficiently. We are confident that our existing product line experience, our flexible design and manufacturing strategy, and our dedication to customers provide a strong foundation to successfully serve the purpose-built forestry segment.”
In this transition period, we will continue to take orders for purpose-built forestry products and support those machines for their life in the field. We are committed to working with Caterpillar and Weiler to ensure customers continue to receive the service they have come to expect from Ring Power.
The sale of the purpose-built forestry business to Weiler, expected to be finalized by early 2019.