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MacAllister Machinery acquires Michigan company

IBJ Staff
February 3, 2011
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Indianapolis-based MacAllister Machinery Co. Inc. on Thursday announced its acquisition of Michigan Tractor and Machinery Co. in Novi, Mich.

Both companies are their state’s official dealer for Peoria, Ill.-based Caterpillar Inc., a manufacturer of heavy construction equipment.

Terms of the deal between the private companies were not disclosed.

MacAllister Machinery has 750 employees in 16 locations throughout Indiana. Founded in 1945, it is owned by President Chris MacAllister, who also will lead Michigan Tractor and Machinery.

The acquired company, known as Michigan Cat, was founded in 1944 and has been led by three generations of the same family. It has 590 employees and eight locations in Michigan's lower peninsula.

Current top executive Jerry Jung decided to sell the company when it became clear that future generations of the family were not interested in running the company.

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  1. The east side does have potential...and I have always thought Washington Scare should become an outlet mall. Anyone remember how popular Eastgate was? Well, Indy has no outlet malls, we have to go to Edinburgh for the deep discounts and I don't understand why. Jim is right. We need a few good eastsiders interested in actually making some noise and trying to change the commerce, culture and stereotypes of the East side. Irvington is very progressive and making great strides, why can't the far east side ride on their coat tails to make some changes?

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