After his death in 1945, Holmes was succeeded by his son, Ernest Holmes Jr., who took over the company and continued growing what his father had started. Holmes wreckers began aiding NASCAR, removing damaged cars from the track, and by the mid-1960s, the majority of wreckers in the industry were Holmes units.
Holmes’ grandsons, Gerald Holmes and Bill Holmes, founded Century Wrecker Corp. in 1974, which produced hydraulic towing equipment that’s now used universally in the industry. Miller Industries acquired both Holmes and Century in 1990 and has achieved large-scale success selling these product lines, along with other brands. Today, Miller operates a plant outside of Chattanooga in Ooltewah and stands as a world leader in the towing and recovery industry, with manufacturing plants in three countries.
The International Towing Museum was founded in 1995, honoring the history of the towing industry and the man who was instrumental in starting it over a century ago. An organized group of towing professionals, the Friends of Towing, opened the museum to recognize outstanding individuals in the industry and provide information about its history. It contains a Hall of Fame that now includes over 300 individuals.