ECHO Acquires TerraMarc Industries
ECHO Incorporated announced that it has acquired the assets of TerraMarc Industries, the manufacturer of Bear Cat chippers and chipper/shredders, Lockwood potato planting and harvesting implements and Crary agricultural equipment.
Located in West Fargo N.D., the company will operate as a subsidiary of ECHO Incorporated under the name Crary Industries, Inc. The company’s 2005 sales were in excess of $35 million, with employment of 180 people. President Chuck Crary, founder of Crary Company—predecessor company to TerraMarc Industries—will continue to lead the organization.
“The Bear Cat line of products complements our current line of high-performance outdoor power equipment,” says Joe Fahey, vice president of marketing for ECHO Incorporated. “Our common channels of distribution and focus on product quality will strengthen our offering to the markets we serve.” Both ECHO and Bear Cat products are leaders in the homeowner, commercial landscape, tree services, rental equipment, and municipal markets.
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