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Terex completes drill company purchase

TEREX CORPORATION has completed the acquisition of Halco Holdings including subsidiaries Halco Drilling International, Halco America, Halco Drilling Equipment in Australia and Halco Drilling in Ireland.

Halco designs, manufactures and distributes down the hole drill bits and hammers for drills. The Halco business will operate with Terex Reedrill, a manufacturer of drilling equipment for the mining, construction and utility industries.

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