Doug Fabick is a Florida-based investor and entrepreneur focusing on the construction equipment sector. He is the CEO of Fabick Cat and has a 30-year track record of developing and scaling the company into an industry leader. Fabick is an expert in machinery, business, and finance, holding a BA in Finance from St Louis University, from which he graduated in 1990 before joining the company full time.
From the beginning, Fabick’s passion for managerial excellence was clear. His vision united the company under one new brand – from the early 2000s, Fabick Tractor and each of its 13 operating companies were renamed to Fabick Cat. Under Fabick’s leadership, the company became a large regional enterprise, landing in the top 10% of Caterpillar dealerships in the country. The company now serves a six-state region that includes large swaths of Missouri and Illinois, one county each in Kansas and Oklahoma, Michigan’s upper peninsula, and the entire state of Wisconsin. It was scaled up to employ 1,100 people at 37 locations.
This impressive expansion effort came mainly through recent partnerships, headed by Doug Fabick. This included the 2015 merger of Fabick CAT and FABCO Equipment Inc., two dealerships that sell, rent, and service Caterpillar construction machinery, trucks, engines, and electric power generation equipment and provide parts and service for them. The expanded organization is currently led by Fabick.
On the occasion of the merger, Jeré Fabick (at the time president and CEO of Fabco) said: “Doug’s leadership has kept Fabick Cat team members safe during economically challenging times while leading key strategic initiatives to deliver quality and value for our customers […] He is a proven leader with a deep understanding of the business, our customers’ needs, and how to drive growth. I am confident that he is the right person to lead our companies forward.”
Fabick has shown a strong business sense and a neck for sensing business opportunities. It is not presumptuous to assume that we will be seeing the company grow even further throughout the year 2022.
