Holt Cat launches $77 million expansion to keep up with shale growth

San Antonio-based heavy equipment dealer Holt Cat is undergoing a $77 million expansion, prompted in part by a rush of new business from the Eagle Ford Shale and other domestic oil-and-gas plays.

Among its upgrades, the company — helmed by San Antonio Spurs owner Peter Holt – has begun work on a new, 40,000-square-foot, air-conditioned repair shop at its headquarters campus on South W.W. White Road.

Driving much of the expansion — which includes both repair shops and dealerships — is Texas’ thriving shale activity, which relies on truck-mounted drills, hydraulic fracturing gear and other types of heavy equipment.

Click to read entire article: Holt Cat launches $77 million expansion to keep up with shale growth (San Antonio Business Journal, 8-15-13)