en.Wedoany.com Reported - Entegra Attachments has announced the completion of its acquisition of TEI Rock Drills, an excavator drill manufacturer headquartered in Colorado, USA, further expanding its construction equipment product portfolio.
Founded in 1980, TEI Rock Drills operates from its base in Montrose, primarily manufacturing limited-access drills, rock drilling safety equipment, and drilling components, with all products made in the USA. The company's core markets include underground utilities, mining, tunneling, and construction, with particular strengths in bridge foundation and soil stabilization projects.
According to Entegra, approximately half of TEI's sales come from excavator attachments, hydraulic drills, and other equipment sales, with the remaining 50% derived from drill bits, parts, and accessories.
Entegra Attachments, a holding company for multiple equipment manufacturers, also owns Bloom Manufacturing, Hercules Machinery Corporation, Titan Metal Worx, and B&D Fabricators. Entegra CEO Mike Flannery stated that the acquisition of TEI will create synergies with HMC's pile driving equipment product line.
TEI offers four main rock drilling attachments for excavators: The HEM series is suitable for difficult and confined environments, offering 360-degree rotation for a wide range of motion, with different configurations for 13-ton, 20-ton, and 25-ton class excavators; the MEM series is specifically designed for the 12-ton to 15-ton excavator market, featuring the same functionality as the HEM but with a newly designed, lighter SCF feed system, suitable for installing soil nails, anchor rods, and rock drilling; the HEMH series is touted as the largest and most powerful drill in TEI's product line, designed for 25-ton to 30-ton class machines and configurable for most drilling methods; the MME series is the only drill in TEI's product line specifically designed for 5-ton to 10-ton mini excavators, best suited for installing micro piles, soil nails, anchor rods, rock drilling, and common hollow bar installation.
The price and terms of the acquisition were not disclosed.
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