Title and Organization:
Ed Weisiger, Jr. is Chairman and CEO of CTE (formerly Carolina Tractor). His responsibilities include overseeing the company’s four divisions, corporate strategy and customer service culture. CTE is one of the largest closely held companies in North Carolina. CTE has represented Caterpillar construction and power systems products since 1926 through its Carolina CAT Division. CTE also represents Hyster and Yale material handling products in five southeastern states through its LiftOne division. In addition, CTE represents Link-Belt Cranes in the Carolinas through its Pinnacle Crane Division.
Ed is a founding partner of Beacon Partners, a commercial real estate development and asset management firm specializing in industrial and office properties primarily in Charlotte and Raleigh, North Carolina. Beacon Partners has financed well over $1 billion worth of acquisitions and developments, and presently owns and manages over seven million square feet of commercial real estate in the Carolinas.
Ed is a founding partner of WSC & Company, a private equity investment business investing in entrepreneurs and partnering with management in lower middle market businesses. WSC specializes in search fund investments.
In 2015, Ed was recognized with the Ernst and Young Entrepreneur of the Year award for the Southeast region and was a National Ernst and Young Entrepreneur of the Year Finalist. The prestigious award recognizes entrepreneurs who demonstrate excellence and extraordinary success in such areas as innovation, financial performance and personal commitment to their businesses and communities.
Ed is involved in several business organizations such as: CATO Corporation (Board of Directors); CEO Organization (Member and Chair of the annual CEO Harvard Presidents’ Seminar); Young Presidents’ Organization (Member and Past Chapter Chairman); Charlotte Chamber of Commerce (Past Chairman); Southeast Caterpillar Dealer Association (Past President); North Carolina Chamber (Past Director); and NC State Engineering Foundation (Past Director), NC State University Student Aid Association (Past Director).
He is also very community-minded and gives back in many ways, such as: Myers Park Presbyterian Church (Elder); North Carolina State University (Board of Trustees), Carolina Thread Trail (Director); Central Piedmont Community College President’s Council (Member), Bechtler Museum (Advisory Board Member) and has previously served on the boards of several educational institutions and non-profit organizations.
Ed holds a BS in Industrial Engineering from NC State University and an MBA from the Harvard University Graduate School of Business.