Weiler Forestry Announces Plans to Purchase Caterpillar Purpose-Built Forestry Business
Knoxville, IA – Weiler, Inc. has entered into a preliminary agreement with Caterpillar, Inc. to the purchase the Cat® purpose-built forestry business. The sale is subject to negotiation of a final agreement, which is expected by early 2019.
The proposed sale includes the purpose-built forestry product line consisting of Wheel Skidders, Track Feller Bunchers, Wheel Feller Bunchers, Knuckleboom Loaders, and related operations facilities including the manufacturing plant and warehouse in LaGrange, Georgia, the demonstration and training center in Auburn, Alabama, and the legacy Prentice parts distribution center in Smithfield, North Carolina.
Weiler has been manufacturing purpose-built equipment for the asphalt paving market since 2005, with sales, service and support exclusively through the Caterpillar dealer network.
“We believe that the purpose-built forestry product line is the ideal addition to our current product portfolio,” commented Pat Weiler, owner and founder of Weiler, Inc. “We have a proven track record of working with Cat dealers all over the world to respond rapidly to customers with specialized product needs. We are confident that our existing product line up, our flexible manufacturing strategy, and our unrivaled customer focus will differentiate us within the forestry segment.”
Weiler anticipates retaining the approximate 270 employees supporting the forestry business, adding to the nearly 500 employees currently employed at the Knoxville, Iowa based manufacturer’s corporate office and manufacturing facility.
“Utilizing the capabilities of both the LaGrange and Knoxville facilities, we have plans in place to expand the existing forestry product line to further meet customer demands”, said Weiler.
About Weiler Forestry Products
Founded in 2000, Weiler is a cutting-edge manufacturer with 400,000 square feet of manufacturing space. The facility is equipped with machining tools, welding, powder and wet paint and assembly, allowing Weiler to better control quality and delivery for the majority of their machine components.
Located in Knoxville, Iowa, Weiler Inc. manufactures equipment for the asphalt paving market. Weiler equipment is based on proven designs that have a successful track record in the field. We work closely with contractors to ensure our products provide the features they require to complete projects in a timely and efficient manner.
Weiler Forestry was formed in 2019 to purchase the purpose-built forestry division of Caterpillar. Weiler Forestry manufactures an expanding line of forest products through facilities located in LaGrange, Georgia, Smithfield, North Carolina and Auburn, Alabama.