FABCO Equipment Inc. (FABCO), of Milwaukee, WI, and John Fabick Tractor Company (Fabick CAT®), of Fenton, St. Louis County, MO, are proud to announce that they are joining their two family-owned, independently-operated companies to create one of the largest and most dynamic Caterpillar® dealerships in the nation. Over the next several months, FABCO/Fabick teams will be working together to complete this transformation, with an expected closing date of June 30, 2015.
The expanded organization will be led by Doug Fabick (currently President & COO of Fabick CAT) as CEO and Dealer Principal along with his cousin Jeré Fabick (currently President & CEO of FABCO) serving as President and co-Dealer Principal. The combined company will build on what each organization has achieved independently and provide an enhanced ability to grow, expand capabilities and further support customer success. The FABCO identity will transition over time to the Fabick CAT identity; this change is expected to take place over the next 36 months. The corporate headquarters will be located in St. Louis.
“The strength, stability and long-term continuity of the Fabick family network of companies will enhance our ability to meet the needs of all of the customers who we have the privilege of serving in our combined territories,” states Doug Fabick.
The combined enterprise will operate in a six state region, to include major portions of Missouri and Illinois, one county each in Kansas and Oklahoma, the Upper Peninsula of Michigan and the entire state of Wisconsin. Dealership capabilities will include 37 locations, 100 parts drops, and 550 service technicians, totaling more than 1,100 team members enhancing the customer experience and bringing the added value of expanded scope and reach to every sales, rental, service and parts interaction.
“The valued customers and partners of each dealership should see very little change in those who call on them or in processes that they are accustomed to and, if they do see changes over time, it will be with improvements that benefit them and make their experience with us even better,” according to Jeré Fabick.
The Fabick family heritage, in partnership with Caterpillar, has endured for nearly 100 years since John Fabick Sr. founded the first Fabick company in 1917. A new chapter in this legacy is beginning today further strengthening John Fabick’s motto: “To Ever Serve Our Customers Better.”
As the exclusive Cat dealers in their territories, FABCO and Fabick CAT rent, sell and service Cat construction machinery, trucks, engines and electric power generation equipment. From versatile jobsite equipment like skid steer loaders, aerial lifts and portable power, to the big Cat machines that help build and maintain our infrastructure; FABCO and Fabick CAT supply essential products that improve the quality of life in our communities.