The Charles Machine Works, a manufacturer of underground construction equipment, this week acquired 100-percent ownership of Radius Professional HDD Tools in Weatherford, Texas.
Finalized Jan. 13, the sale makes Radius HDD Tools a wholly owned subsidiary of CMW, which includes the Radius brand name, its patents and products.
Radius Professional HDD Tools is a global company manufacturing and marketing downhole tool products for the horizontal directional drilling industry.
"Radius fits well under the umbrella of CMW along with our other companies and our long-term strategy," said Tiffany Sewell-Howard, CMW’s CEO. "They have an excellent reputation for quality in the industry. The company's knowledge, brand recognition, expertise, and understanding of the HDD market will be valuable assets as we go forward to provide the best possible products and services to utility providers and contractors all over the world."
Based in Perry, Okla., The Charles Machine Works manufactures underground construction equipment and electronic locating equipment. CMW is the parent company for the following brands: Ditch Witch, HammerHead, DW/TXS, and Subsite Electronics.
For more information on Radius tools, visit www.radiusHDD.com.
