As part of $77 million in investments across the state, Holt Cat plans to spend $10 million to expand it’s San Antonio headquarters. The company will build a 47,000 square ft facility that will be able to handled 32-40 machines at any given time.
The expansion adds to the South Texas oilfield job boom. Holt Cat already has 90 open positions listed on its website and plans to hire even more technicians when the facility is completed in the second quarter of 2014.
Holt Cat rents, sells, and services heavy equipment. The company distributes the natural gas and diesel blending motor pictured (top left). The motor can be used in oil well completions and can save operators as much as $3,500 per day in diesel fuel costs.
“By having a state-of-the-art facility — especially one with air conditioning — it’ll give us a lot of advantage over other people as we compete for skilled technicians,” Hicks said. “We’re competing for workers not only within the industry but also the Eagle Ford (Shale),” the booming oil and gas play in South Texas.
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