Hercules, HPM Ink Foundation Drill Deal for U.S., Central America
Hercules Machinery Corporation struck a deal with HPM SRL to be the exclusive dealer of HPM foundation drills for the North American, Central American and Caribbean markets.
“This partnership presents real benefits to both our customers and to Hercules Machinery as we are very excited about this exclusive partnership with HPM,” said Hercules Vice President Justin Reed. “This partnership allows us to expand our product offerings, create additional sales and service channels, and accelerate our growth in the foundation drilling equipment segment.”
HPM manufactures drill mast assemblies designed to work exclusively on Caterpillar chassis. Hercules will handle importation and mounting. Hercules will rent and sell the HPM/Caterpillar rigs.
“We will now be able to provide the most robust and highest quality foundation drills in the market at the most competitive price to our customer,” Reed said.
HPM is owned by drill design engineer Giuseppe Cartechini.
Hercules also opened a branch in Rocklin, Calif., to better serve West Coast customers. Steve Emsley was appointed manager. He has more than 30 years experience in heavy equipment sales.
Hercules Machinery Corp. was founded in 1964 in Fort Wayne, Ind. The company manufactures, sells and leases equipment for the foundations sector, including piling hammers and drills. For more information, visit hmc-us.com.