Vermeer Corporation has announced its acquisition of the remaining non-Vermeer interests of McLaughlin Group, Inc., a leader in the drill tooling and vacuum excavation industry. Vermeer took an initial vested position in McLaughlin in 2012, when it acquired a minority interest in the Greenville, South Carolina company. "Our initial investment in McLaughlin created the ideal opportunity to determine how the company culture and product portfolio fit within our organization," said Jason Andringa, president and CEO at Vermeer Corporation. "Now, we look forward to having the McLaughlin team and the products they design and manufacture become part of the comprehensive solution Vermeer provides to the utility market. This is especially important in the area of soft-dig excavation where we see demand for equipment and expertise continuing to grow today and well into the future."
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As an industrial and agricultural equipment company, Vermeer Corporation manufactures machines that make a real impact in a progressing world. Vermeer offers customers a full line of high-quality underground construction, environmental, tree care, surface mining and agricultural equipment. Vermeer machines carry a reputation for being built tough, built to perform and built for value.
Headquartered in Pella, Iowa, USA, with affiliated companies and independent dealer locations around the world, Vermeer is committed to meeting customers’ needs in more than 60 nations. Those customers are at the core of the business and supported by reliable, localized customer service and support provided by independent dealers. That support has been part of the culture at Vermeer for more than six decades.
Find more information about Vermeer Corporation, product lines, the dealer network and financing options by visiting vermeer.com.