duncan228
09-24-2008, 05:13 PM
Holt Cat celebrates 75th anniversary (http://www.mysanantonio.com/business/29713234.html)
By William Pack - Express-News
More than 1,000 customers and employees of Holt Cat got together Wednesday to celebrate the company's 75th year of selling Caterpillar Inc. products in San Antonio.
It was fitting because Peter Holt, the company's CEO, said the company's success comes from having hard-working employees, a great product and being there when people need help.
"We've lived through a lot of ups and downs of the Texas economy, and it's paid off," said Holt at his company's sprawling headquarters in southeast San Antonio. "There's no magic to it. It's hard work."
The company that began with three employees in a leased office at 1333 S. Flores St. in 1933 has grown to employ 2,000 people, including 600 in San Antonio, and to become the largest Caterpillar dealer in the country. Its gross sales exceeded $1 billion in 2007, officials said.
Holt, whose profile has risen in recent years as the chairman and CEO of the company that owns the San Antonio Spurs, said the company has expanded already this year and expects to grow more in San Antonio.
"We have a lot of work to do," he said.
By William Pack - Express-News
More than 1,000 customers and employees of Holt Cat got together Wednesday to celebrate the company's 75th year of selling Caterpillar Inc. products in San Antonio.
It was fitting because Peter Holt, the company's CEO, said the company's success comes from having hard-working employees, a great product and being there when people need help.
"We've lived through a lot of ups and downs of the Texas economy, and it's paid off," said Holt at his company's sprawling headquarters in southeast San Antonio. "There's no magic to it. It's hard work."
The company that began with three employees in a leased office at 1333 S. Flores St. in 1933 has grown to employ 2,000 people, including 600 in San Antonio, and to become the largest Caterpillar dealer in the country. Its gross sales exceeded $1 billion in 2007, officials said.
Holt, whose profile has risen in recent years as the chairman and CEO of the company that owns the San Antonio Spurs, said the company has expanded already this year and expects to grow more in San Antonio.
"We have a lot of work to do," he said.