Carter Machinery
Encyclopedia
Carter Machinery, founded in Virginia
in 1952, is a producer of lubricant
s for engines and other mechanical purposes. By the 1980s, it also became the largest dealer in Caterpillar equipment in the United States
, and it was acquired by Caterpillar, Inc. in 1988. Carterpillar contended that the acquisition, breaking its tradition of having only independent dealerships, was necessary to protect its rights in the state of Virginia. Carter was bought out by its management in 2011, again becoming an independent dealer for Caterpillar.
Virginia
The Commonwealth of Virginia , is a U.S. state on the Atlantic Coast of the Southern United States. Virginia is nicknamed the "Old Dominion" and sometimes the "Mother of Presidents" after the eight U.S. presidents born there...
in 1952, is a producer of lubricant
Lubricant
A lubricant is a substance introduced to reduce friction between moving surfaces. It may also have the function of transporting foreign particles and of distributing heat...
s for engines and other mechanical purposes. By the 1980s, it also became the largest dealer in Caterpillar equipment in the United States
United States
The United States of America is a federal constitutional republic comprising fifty states and a federal district...
, and it was acquired by Caterpillar, Inc. in 1988. Carterpillar contended that the acquisition, breaking its tradition of having only independent dealerships, was necessary to protect its rights in the state of Virginia. Carter was bought out by its management in 2011, again becoming an independent dealer for Caterpillar.