American Augers Acquires Gefco

August 4, 2011

American Augers announces the acquisition of a new sister company to the Underground Division of Astec Industries.

Gefco, a manufacturer of portable drilling rigs and water well equipment based in Enid, OK, will officially become the latest member of the Astec Industries family this fall.  Working closely with American Augers, Gefco will provide another aspect of manufactured goods to the already extensive line of underground construction equipment under the Astec umbrella.

Dan Sharpe, vice president of sales and marketing for American Augers will also head up International Sales for Gefco. Sharpe states, “With the addition of Gefco’s field-proven drilling equipment, Astec and American Augers will now be able to offer a well-rounded line of equipment to our customers to ensure we fulfill all their underground construction needs.”

American Augers is thrilled about the opportunities Gefco and their products bring to the table for worldwide distribution.  The history, knowledge and reliability of Gefco’s equipment and employees will be a tremendous asset to Astec and American Augers.