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Fecon Inc. Acquires Drilling Technology
Fecon Inc. entered the Seismic and Geothermal drilling markets through an acquisition of Dyno-Drill, LLC in March. As part of the agreement, Mark Bowling, inventor of the Dyno-Drill, will actively work with Fecon in support of the drill program. The acquisition combines an innovative drill solution with the manufacturing and distribution strengths of Fecon, a world leader in mulchers used for seismic exploration and pipeline construction, and a pioneer of bioharvesting technology for the renewable energy market. The move positions Fecon to offer drills to an existing base of mulching contractors who offer seismic drilling services, and to expand its product offering into an additional segment of renewable energy. Fecon will introduce two standard models under the Fecon label and colors this summer. The rubber track crawlers include an on-board 300-cfm/200-psi air compressor and a rod rack for carrying straight rod, auger rod, and an air hammer. Wet drilling will also be available.
Fecon, Inc. was established in 1992 near Cincinnati, Ohio, and originally produced horizontal grinders and other wood processing equipment. Fecon now manufactures forestry Track Carriers, forestry mulching attachments and general forestry attachments for vegetation management and wood to energy biomass industries and a seismic and geothermal drilling line. Their Bull Hog mulcher is the No. 1 selling forestry mulcher.
Article Date: 2012-07-02
Source: Fecon Inc.
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