Cecil I. Walker Machinery Co.
Walker Machinery Co., a third-generation, family-owned company founded in 1950, prides itself in providing quality Caterpillar equipment and excellent service to its customers. Walker's more than 750 highly trained and dedicated employees help to make Walker Machinery Co. virtually synonymous with Caterpillar in Southern West Virginia. In 2003, Walker celebrated its 50th anniversary as a Caterpillar dealer.
***** PRESS RELEASE DEC. 14, 2009 *****
After 59 years as a heavy equipment distributor and 56 years as a dealer for Caterpillar, Inc. for western West Virginia and southeastern Ohio, the Walker Family is exiting the business. We have signed a letter of intent to sell Cecil I. Walker Machinery Co. and Walker Realty Co. to the Boyd Company, LLC owner of Whayne Supply Co., the Caterpillar Dealer for Kentucky and southern Indiana. The company has been in business since 1913 and is headquartered in Louisville, KY. The parties are attempting to consummate the sale by the end of 2009 or early 2010.
The Boyd Company is owned by Monty L. Boyd, a former Caterpillar employee and associated with Whayne Supply since 1984. The Boyd Company, LLC is purchasing the stock of Cecil I. Walker Machinery Co. and Walker Realty Co. and in essence literally "steps into the shoes" of the present companies.
It is the intention of the Boyd Company, LLC to continue to operate Walker Machinery "as is" and continue the name of Cecil I. Walker Machinery Co. By a stock sale, the assets, liabilities and obligations are transferred to the new ownership. Contracts, including our labor agreements with The Operating Engineers, Local 132 remain intact.
The Walker Family deeply appreciates the commitment and work excellence of our employees, past and present. We thank the customers we have served for six decades and who honored us with their business and trust. Of course, we must recognize the wonderful suppliers we have enjoyed who have been an integral part of Cecil I. Walker Machinery Co.'s success.
2011 Circle of Excellence Winners
Cecil I. Walker Machinery Co. was recently recognized with a Circle of Excellence Award from Caterpillar. The company was among the top 15 dealers, rated for their 2009 and 2010 performance. Pictured from left: Terry McCrary, Executive Vice President of Operations; Tim McLean, Vice President of Operations; Jay Walton, Caterpillar District Manager; Monty L. Boyd, President/CEO, and Eric Click, Controller
BELLE - Caterpillar recently recognized the tremendous achievements of dealers within the Americas Distribution Division at the bi-annual Circle of Excellence awards meeting in Colorado Springs, June 15-17. The Circle of Excellence Award was presented to the top 15 dealers in recognition of their 2009 and 2010 performance, based on six top-tier metrics focused on market share, profitability and customer satisfaction. The Cecil I. Walker Machinery Co. was among them.
Caterpillar Chairman Doug Oberhelman and Group President Stu Levenick presented the awards to the recipients. In recognizing their efforts Oberhelman said, “You represent the very best dealers in the America’s trisphere. You delivered tremendous results in 2009 and 2010 -two incredibly difficult years. And most importantly, you took care of our customers. As you know, this award is based on three main measures—PINS, profitability and customer satisfaction. We all know there are lots of factors that go into each of those measures, but at the end of the day, I think it really comes down to customer relationships and the trust our customers have in you and your team.”
“Unmatched Dealer Support is one of our key operating principles and the dealers represented here have proven over the past two years to be the best of the best in distribution excellence,” Levenick said. “But this event is about more than just recognizing their great performance. It’s an opportunity for us to learn from them. In addition to this well deserved recognition, the meeting also provides a unique opportunity to spend time with these dealers’ principals, to discuss and exchange ideas and thoughts on some of our more pressing and challenging strategic issues as we look to our future.”
In addition to Walker, the Americas Distribution Divisions 2011 Circle of Excellence winners include: Butler Machinery Co., Carter Co., Holt Machinery Co., Johnson Machinery Co., Puckett Machinery Co., Toromont Industries, Western States Machinery Corp., Whayne Supply Co., Wyoming Machinery Co., Finning International, Inc. SA; IIASA, IIASA, MACORP Corp., MATCO and SOTREQ.
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