Global TBM Company, newly established by industry veteran Lok Home, has announced the purchase of substantially all the assets of The Robbins Company, a global manufacturer of underground construction machinery. The company will operate as Robbins, with Mr Home as president and CEO.
Mr Home, who is currently president of Robbins, 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. In 2021 and beyond, our clients can depend on Robbins to deliver high quality machines, and technically superior machines for very difficult projects.”
According to Mr Home, 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 US, Norway, India, China and Canada.” The company’s conveyor and small boring machine divisions will also continue to deliver equipment worldwide.
Mr Home emphasised that Robbins has always been focused on building the best and strongest machines. He pledged that the company will continue to do that. “We still have our strong engineering team and we plan to continue our many industry involvements including the International Tunnelling Association (ITA) and its associate member organisations. We’re glad to be a part of this community and this industry.”
The acquisition will result in a seamless transition for a number of ongoing projects throughout the world, said Robbins. The company also expects to continue with exciting new developments, including a soon-to-be-unveiled non-circular rock boring machine.
Headquartered in Solon, Ohio, the US, Robbins has been an active industry participant and innovator for nearly 70 years. The company offers customised tunnel boring machines (TBMs), conveyors, cutters, and more, as well as knowledgeable field service personnel and technical support.
The message from Mr Home can be viewed here.