Toro Sells American Augers Boring Line, Trencor Brand

Toro has divested its American Augers boring product category and the Trencor brand. Michael Byrne Manufacturing said it has acquired the American Augers boring product line and related assets. Toro will continue to manufacture American Auger underground equipment.

No details on the Trencor purchaser have been made available.

Read today’s top news.

“Today’s announcement within our construction portfolio places additional focus on the core underground categories that will provide the greatest growth opportunity and best position our business for future success,” said Peter Moeller, group VP, construction businesses, in a statement. “Supported by demand in the pipeline, water and energy transmission sectors, we are excited about the near and long-term prospects for our underground construction business and our ability to deliver cutting-edge solutions to meet the needs of our customers.”

Said Jim Weist, president of Michael Byrne Manufacturing, in a statement:

“Michael Byrne Manufacturing has been supporting auger boring contractors since 1966. The acquisition of the auger boring product line aligns with our long-term strategy to expand our presence in the utility market and enhance our product offerings for customers across the trenchless industry.

“We are excited about this acquisition as it delivers innovative, high-quality boring solutions while continuing to support customers who have relied on American Augers’ auger boring equipment for decades.”

Michael Byrne Manufacturing will ensure a seamless transition for existing American Augers auger boring customers, offering ongoing service, parts support, and new equipment production, according to the company.

American Augers markets horizontal directional drills, pumps, and fluid cleaning systems. Trencor includes assets specific to the full line of large-track trenchers and mining equipment.