Perry, OK, April 16, 2010 – The Charles Machine Works, Inc. (CMW®), manufacturer of Ditch Witch® underground construction equipment, has acquired 100 percent ownership of HammerHead Trenchless Equipment, manufactured by Earth Tool Company, LLC (ETC) of Oconomowoc, WI. This acquisition makes ETC a wholly owned subsidiary of CMW. Hammerhead is a global leader in the design and manufacture of piercing tools, bursting systems, pneumatic hammers and horizontal directional drill tooling.
“Our decision to acquire HammerHead/ETC was based on our long-term, strategic commitment to grow our core business,” says Tiffany Sewell-Howard, CEO of CMW. “We plan to fully leverage HammerHead’s products and expertise to strengthen our position in the water and sewer rehabilitation markets globally.”
HammerHead/ETC and the Ditch Witch® organization both expressed excitement and confidence that the acquisition will ensure long-term sustainability and market leadership. “Both companies have spent years developing customer confidence in our brands,” says Brian Metcalf, CEO of ETC. “Joining together reaffirms a commitment customers can depend on.”
About The Charles Machine Works, Inc./Ditch Witch®
The Charles Machine Works, Inc., manufacturer of Ditch Witch products specializes in the design and manufacture of high-quality underground construction equipment. The company is a one-stop source for trenchers, vibratory plows, pneumatic piercing tools, backhoes, electronic tracking and locating tools, horizontal directional drilling systems, drill pipe, downhole tools, vacuum excavation systems, excavator-tool carriers, mini skid steers and the Zahn® family of power utility equipment. For more information on Ditch Witch products visit www.ditchwitch.com.
About HammerHead®/Earth Tool Company, LLC
HammerHead Trenchless Equipment, manufactured by Earth Tool Company, LLC (ETC) is located in Oconomowoc, WI. HammerHead® piercing, bursting and ramming products are used by contractors around the globe to install or replace fiber, communication, water, sewer and gas lines with minimal disruption to above ground landscapes, structures and traffic flow. For decades HammerHead has led the industry in bringing innovative trenchless solutions to customers. For more information on HammerHead Trenchless Equipment visit www.hammerheadmole.com.