Regional News

Mar 2025

Investor Spotlight: HOLT Group

Staff Reports

For more than a century, HOLT Group has been a cornerstone of innovation, industry, and impact in the Greater San Antonio region. From powering progress through heavy equipment and technology to advancing workforce development through education and training, HOLT remains a proud, family-owned company deeply rooted in its values and community.  

With a legacy built on Values-Based Leadership®, strategic growth, and unwavering commitment to people, HOLT Group continues to shape a stronger, more skilled future for San Antonio and beyond. 

We spoke with Beki Hutchinson, Senior Vice President of Human Resource Partners, about how HOLT Group is helping build a stronger, more skilled workforce for San Antonio and beyond. 

Tell us about HOLT Group and your presence and contributions to the Greater San Antonio region. 

HOLT Group is a powerhouse in several industries, from heavy machinery and construction to consulting services, training, and technology. Built from the ground up a hundred years ago, HOLT, a family-owned company, quickly became a well-known name and evolved into the company we are today. 

HOLT Group has been a people-first organization for generations. We have always lived our values. We learned from the beginning that we are stronger together, which has led to collaborations with trusted partners and a Values-Based Leadership® approach. We are committed to our values, our people, and our customers. 

We own and operate the nation’s largest Caterpillar dealership, HOLT CAT, and many other companies in: 

  • Industrial and Commercial - Selling, servicing, leasing, and renting top-of‑the‑line industrial machinery.  

  • Energy - Powering the construction and industrial spaces with superior equipment.  

  • Technology - Empowering construction and development with advanced technology.  

  • Training & Development - Bringing technical skills and Values-Based Leadership® to people and companies that desire sustainable growth. 

As a major employer on the south side of San Antonio, HOLT Group is dedicated to prioritizing community engagement, education, and the development of skilled trades. Our presence in the region is marked by a commitment to fostering a thriving local economy and nurturing a talented workforce. We invest in educational initiatives and workforce development programs that equip individuals with the skills necessary for success in various trades, ensuring the growth and prosperity of both our employees and the broader community. 

HOLT CAT was founded in 1933, though its roots go back several decades earlier. What factors influenced the decision to establish its headquarters in San Antonio?  

The Holt name has been associated with heavy equipment and Caterpillar for over 100 years. Owners Peter J. Holt and Corinna Holt Richter are direct descendants of Benjamin Holt, who in 1904 developed the first successful track-type tractor which he named the “Caterpillar.” 

In 1925 Benjamin Holt merged his company, the Holt Manufacturing Company, with competitor, CL Best Tractor, to form the company known today as Caterpillar Inc.  In 1933 Benjamin Holt’s son, William K. Holt opened a Caterpillar dealership based in San Antonio, Texas.

As the company grew, Bill Holt brought in his nephews: B.D. “Pete” Holt and Holt Atherton to help run the company. Eventually B.D. purchased the southern portion of the dealership and Holt Atherton acquired the northern counties. B.D. would then go on to bring the two companies together as the BD Holt Company. He then hired his son, Peter M. Holt, to help run the business. When Peter Holt became Chief Executive Officer, he moved the company headquarters to San Antonio and it has been here since.  

Peter’s two children, Peter John and Corinna joined the company in 2011. In 2017, Peter John and Corinna became the fifth generation of the Holt family to lead the company known for quality, integrity, and commitment to customer service, beginning the next chapter in the Holt family legacy. 

What is a recent new project or accomplishment that the company is most proud of?  

Recently, HOLT Truck Centers, an operating company of HOLT Group, announced the acquisition of Kyrish Truck Centers, increasing its presence in Texas. This strategic move brings the total number of HOLT Truck Centers locations to 35, thereby becoming the third-largest International Motors dealership in the United States. The acquisition underscores HOLT's commitment to growth and innovation while maintaining its customer-centric approach.  

What motivated HOLT Group to invest in greater:SATX? 

Supporting economic and workforce development in San Antonio is crucial for HOLT Group as it fosters a thriving community and ensures a robust, skilled labor force for the future. By investing in these areas, HOLT Group not only contributes to the overall prosperity of the region but also reinforces its commitment to corporate social responsibility and sustainable growth. This approach helps create job opportunities, enhances local infrastructure, and promotes innovation, ultimately benefiting both the company and the broader community. 

Is there anything else you would like to share? 

HOLT Group supports the work of greater:SATX and its partners. The foundation of a thriving economy lies in the strength of its workforce. Economic development and the availability of well-paying, stable careers relies on investment in education. A skilled workforce directly impacts the future of San Antonio and its people. Well-educated communities experience greater economic stability, higher incomes, lower unemployment rates, and consistent growth.

Investing in education is the most important legacy we can leave for generations to come. HOLT Group is proud to collaborate with businesses, community leaders and partners to support education and economic development. The benefits to this great city will be profound. 

To learn more about the HOLT Group, please visit www.holtgrp.com.  

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