WorldWide Drilling Resource

www.starironworks.com 257 Caroline Street Punxsutawney, PA 15767 800-927-0560 • 814-427-2555 Fax: 814-427-5164 SERVING THE WATER WELL INDUSTRY Serving the Drilling Industry 24 AUGUST 2019 WorldWide Drilling Resource ® Industry Announcements Eijkelkamp North America has been selected as a new dealer for Fraste rigs in the Eastern United States. Based in North Carolina, the Eijkelkamp Team is excited to offer the Fraste conventional rig series, as well as after-sales service, spares, and even rental rigs. Mimir Invest AB has acquired Epiroc AB’s geotechnical consumables product line. With manufacturing sites in Scotland, Finland, and the United States, the geotechnical drilling consumables product line is a global market leader providing primarily down-the-hole hammers and related drill bits, as well as casing advancement systems for the infrastructure, construction, gas and oil, and scientific industries. “We have found a better home for this business, which we have defined as a non-strategic core area for us,” said Helena Hedblom, senior executive vice president mining and infrastructure for Epiroc AB. “We believe it will have a good future with the new owner, Mimir.” Managing Partner for Mimir, Eric Bork said, ”We are happy partnering with the employees and customers of the business, combining Mimir’s industrial and investing expertise with the high-quality staff, expertise, and know-how of the geotechnical consumables business. This combination provides a great foundation for forming a new, growing business.” Komatsu Ltd. has agreed to purchase global mining technology and workforce optimization firm Immersive Corporation Pty. Ltd. through its wholly-owned subsidiary in Australia, Retaining its headquarters in Perth, Western Australia, Immersive Technologies will op- erate as an independently managed, wholly-owned subsidiary of Komatsu. The company will continue to operate under its existing name and branding, while continuing to collab- orate with all equipment manufacturers to address performance improvement challenges of mixed equipment fleets. “We have been particularly impressed by Komatsu’s bold vision for the future of mining and their proactive steps to pursue it. We are very pleased that Komatsu sees Immersive Technologies as having an important role in this future. Further, we see Komatsu’s high level of customer focus, which supports collaboration between competing mining suppliers, to benefit mining customers, as being highly aligned to Immersive Technologies’ business,” said Wayde Salfinger, executive director and cofounder.