CK Power acquires crawler carrier manufacturer Terramac
CK Power, a manufacturer, distributor, and service provider of power generation and off-highway mobile power solutions, acquired Terramac effective January 1, 2021.
Terramac is a manufacturer of innovative rubber track crawler carriers. The acquisition will allow CK Power to expand their 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," says Clayton Costello, VP 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 both companies is underway and 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 knowledge and expertise in manufacturing and distribution.
"Terramac has a strong reputation for providing versatile off-road equipment solutions to a variety of industries," says 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, MO, is a leading provider of power solutions with over 90 years of experience serving a variety of industries. Their mission to continually expand and improve product offerings is supported by a professional staff and achieved through strong core values. For more information on CK Power, please visit ckpower.com.
Terramac, based in Elburn, IL, was established to produce the world's leading crawler carriers. Units are sold through a full dealer network 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, general construction and more.