Global TBM Company, a firm newly established by industry veteran Lok Home, has announced it has purchased substantially all the assets of The Robbins Company, with the TBM company set to continue to operate under the Robbins name with Mr Home as the President and CEO.
Home said the company has a bright future as a result of the transaction. “We are starting off the new year with a respectable backlog of orders,” he noted. “In 2021 and beyond, our clients can depend on Robbins to deliver high quality machines, and technically superior machines for very difficult projects. That’s where Robbins really stands out.”
Home went on to say that Robbins is starting 2021 with no significant bank or institutional debt. “We have many projects to look forward to. Robbins is currently delivering Crossover machines and TBMs equipped for challenging geological conditions in many countries including the U.S., Norway, India, China and Canada.”
The company’s conveyor and small boring machine divisions will also continue to deliver equipment worldwide.
The company expects to continue with new developments, including a soon-to-be-unveiled non-circular rock boring machine