Carlton Company is sold - WALB.com, Albany News, Weather, Sports

Carlton Company is sold

 

 

December 13, 2002

Albany- South Georgia's Caterpillar dealer, the Carlton Company, is experiencing changes. On Thursday, the Austell based Yancey Brothers, which is the nation's oldest Caterpillar dealer, acquired the operating assets of the Carlton Company, and executives say it's a good move.

With acquisition, former chief financial officer, John Lane, says the company will be able to provide more services to customers in the seventy three counties they serve in South Georgia.

He adds , "We'll be able to provide more services and better distribution services to customers."

He also says there is a downfall. Lane adds, "With any merger, some employees will lose their jobs."

Most workers say the Carlton Company will continue to operate and grow, hoping to continue the services they have provided since 1951.

Carlton Company has five locations in South Georgia, and Yanceyhas six locations in Central and North Georgia.

Posted at 4:50PM by Jocelyn.Maner@walb.com

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