CK Power has announced it has acquired Terramac, a manufacturer of rubber track crawler carriers, effective January 1.
The acquisition will allow CK Power to expand its equipment offerings and capabilities with Terramac carriers in North America, while growing their footprint in various energy markets.
“We see tremendous value in the Terramac product line,” said Clayton Costello, vice president of marketing and corporate strategy at CK Power.
“Terramac carriers are rugged and durable machines that are modernizing remote access construction across an infinite number of markets. We’re confident our acquisition will result in offering more productivity for our customers while strengthening our partnerships.”
The integration of the two companies is already underway. In a news release, CK Power said Terramac will continue to operate under its existing brand and base location in Elburn, Illinois. Current infrastructure and the Terramac dealer network will leverage CK Power’s extensive knowledge and expertise in manufacturing and distribution.
Terramac crawler carriers are sold through a full dealer network in the United States and Canada, which offers customers easy-to-locate parts and service throughout the world.
The units can be customized with support equipment to serve many industries such as pipeline, utility, mining, environmental and general construction.
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The crawler carriers are manufactured in North America, and began in 2011 when the first mid-sized RT9 carrier debuted.
“Terramac has a strong reputation for providing versatile off-road equipment solutions to a variety of industries,” said Matt Slater, vice president of sales and marketing at Terramac.
“We’re excited for this acquisition as it will expand our opportunities for growth from a manufacturing and distribution standpoint while enhancing our customer service.”
CK Power, based in St. Louis, Missouri, is a provider of power solutions with more than 90 years of experience serving various industries. Their mission to continually expand and improve product offerings is supported by a professional staff and achieved through strong core values.