CHARLOTTE, NC - One of the largest site development companies in the Carolinas has struck a deal with the organization that bills itself as the world's leading manufacturer of construction equipment. Allied Resources USA has negotiated a transaction with Caterpillar - and in specific - Carolina CAT which representatives from both firms calls one of the biggest on the east coast.

For the past year or so, Allied Resources USA has felt the pinch of a tightening Carolina economy. Allied's owner and president, Larry Foxworth, resolved that it was time to make some changes to his company's infrastructure.

"Larry decided it was time to clean up the balance sheet," explained Garret Durbin, Vice-President/GM for Allied Resources USA. "He gave several of us the opportunity to brainstorm, and we came up with an idea that could potentially save the company a great deal of money."

The collective think-tank determined that it was time to sell or trade their stock of company owned equipment to a dealer who would then lease replacement machinery to Allied. The goal would be to cut overhead and lower maintenance costs. It would not be an easy task, as Allied's fleet numbered over 200 strong.

With Durbin heading up the effort, the idea was pitched to seven Carolina based dealers of construction machinery. In the end, it was Charlotte's Carolina CAT that responded to Allied's call.