TerraSource Global

What TerraSource Global does

TerraSource Global (legally TerraSource Holdings LLC) is a St. Louis-headquartered designer and manufacturer of industrial material processing and handling equipment, organized around four flagship brands: Gundlach Crushers, Jeffrey Rader, Pennsylvania Crusher, and Elgin Separation Solutions. Its product portfolio spans size reduction equipment (single and multi-roll crushers, cage mills, reversible impactors, Bradford Breakers, Coalpactors, hammer mills such as the EnduraHog series), screening and processing equipment (disc screens, vibratory feeders, air density separators), feeders (electromagnetic, electromechanical, rotary airlock, Posimetric/Posiflow), material handling and storage systems (linear screw reclaimers, belt conveyors, surge bins, silos), and liquid/solids separation solutions from Elgin. Proprietary content includes the DuraLife/UltrAlloy premium hammer alloys, the Flextooth hammer design, Brute Armor screen grates, the Slant-Flow grate, and the open-bottom Coalpactor architecture.

The company sells engineered capital equipment to enterprise customers in mining (aggregate, coal, potash), cement, steel, pulp and paper, sawmills, biomass energy, petrochemical, recycling, power generation, and manufactured products, with named operators including Vulcan, Lafarge, Cemex, Holcim, US Steel, Arch Coal, Peabody, ExxonMobil, Dow, Sinopec, Reliance Industries, International Paper, Weyerhaeuser, Georgia Pacific, and Babcock & Wilcox. The business model is a hybrid of one-time capital equipment sales and recurring aftermarket revenue from OEM spare parts, factory-warranty rebuilds/refurbishments, and field service contracts, distributed through a mix of direct regional sales (regional HQs in Stockholm and Beijing) and an extensive channel-partner network spanning more than 90 countries.

Following the May 31, 2024 acquisition of Peninsula Iron Works and the July 1, 2025 acquisition by Astec Industries (NYSE: ASTE) at an estimated $285 million, TerraSource Global now operates as a subsidiary within the Astec family of brands, with the TerraSource and CWMF businesses collectively representing more than $200 million in disclosed annual revenue for the parent.

Name

TerraSource Global

Legal name

TerraSource Holdings LLC

Website

https://terrasource.com

Company type

Private

Founded year

2012

Operating status

Operating

Headcount range

251–500 employees

Short description

TerraSource Global manufactures industrial material processing and handling equipment — crushers, feeders, separators, and screens — through four heritage brands (Gundlach, Jeffrey Rader, Pennsylvania Crusher, Elgin), serving enterprise customers in mining, cement, steel, pulp and paper, and power generation across more than 90 countries.

Ownership category

akta.pro rank

Product category

Industrial Material Processing Equipment

NAICS

Construction and Mining (except Oil Well) Machinery and Equipment Merchant Wholesalers (423810)

SIC

Construction, Mining & Materials Handling Machinery & Equip (3530), Wholesale-Construction & Mining (No Petro) Machinery & Equip (5082)

akta.pro primary industry

Crushing, Screening & Mineral Sizing Equipment (IMAKANAD)

akta.pro secondary industries

Bulk Material Handling Systems (Belt Conveyors, Feeders, Stackers, Reclaimers) (IMAHABAH), Feeding & Conveying Equipment (Aprons, Belts, Stackers) (IMAHAMAH), Crushing Equipment (Secondary/Tertiary Crushers) (IMAHAMAE)

Keywords

• Industrial crushing equipment
• Material handling machinery
• Size reduction equipment
• Screening and separation equipment
• Mining and aggregate equipment

Headquarters

HQ city

St Louis

HQ country

United States

HQ region

North America

Offices6 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Equipment Sales: Sale of material processing equipment including crushers, feeders, screens, and separators under flagship brands Gundlach Crushers, Jeffrey Rader, Pennsylvania Crusher, and Elgin Separation Solutions
2. OEM Spare Parts: Original equipment manufacturer spare parts including DuraLife/UltrAlloy premium hammers, cage-paktor cages, and proprietary alloys
3. Field Service: Factory-trained technician services including troubleshooting, repair, installation supervision, and operator training
4. Equipment Rebuilds and Refurbishment: Complete tear-down and precision rebuild to original machine specifications with full factory warranty, restoring Gundlach, Jeffrey Rader, or Pennsylvania Crusher branded equipment

Go-to-market motion1 record

Distribution channels5 records

Marketing channels5 records

Core offering

TerraSource Global manufactures and services industrial material processing equipment — crushers, feeders, separators, screens, and material handling systems — sold under the Gundlach Crushers, Jeffrey Rader, Pennsylvania Crusher, and Elgin Separation Solutions brands. The portfolio covers size reduction (roll crushers, impactors, hammermills, cage mills), screening/classifying, vibratory and rotary feeders, liquid/solids separation and dewatering, plus OEM spare parts (DuraLife/UltrAlloy hammers), factory-warranty rebuilds, and field service for industrial customers in mining, cement, steel, recycling, pulp & paper, petrochemical, and power generation.

Product overview

TerraSource Global is a provider of industrial material processing equipment that unites four flagship brands: Gundlach Crushers, Jeffrey Rader, Pennsylvania Crusher, and Elgin Separation Solutions. The company offers a unified portfolio of robust equipment for crushing, screening, feeding, separating, and material handling across diverse industries including mining, cement, steel, recycling, pulp & paper, and power generation. Their product portfolio includes size reduction equipment (crushers, grinders, hammermills), screening and processing equipment (disc screens, classifiers, separators), feeders (electromagnetic, vibratory, rotary airlock), and aftermarket services (OEM spare parts, field service, equipment rebuilds). With facilities in the USA, Canada, Sweden, and China, and operations in over 90 countries, TerraSource Global provides both new equipment and comprehensive aftermarket support to ensure equipment performance throughout its lifecycle.

Differentiator

Problem solved

Functional benefit

Brands

• Gundlach Crushers: Global leader in size reduction solutions, revolutionized coal mining in 1948 by creating the first single-stage, two-roll crusher. Equipment utilized in coal mines, preparation plants, coal-fired power stations, salt processing plants, and fertilizer/potash facilities.
• Jeffrey Rader
• Pennsylvania Crusher
• Elgin Separation Solutions

Products and services

• Gundlach Crushers (Size Reduction Solutions) Manufacturer of size reduction equipment (roll crushers and cage mills) for coal, potash, salt, and power-station customers. Part of TerraSource's four-brand portfolio.
• Jeffrey Rader (Material Handling & Size Reduction) Manufacturer of material handling and size reduction equipment including wood hogs, pneumatic conveyors, rotary airlocks, screens, and vibrating feeders for industrial customers worldwide.
• Pennsylvania Crusher (Crushing Machinery) Manufacturer of crushing machinery including Bradford Breakers, Coalpactors, Reversible Impactors, Single Roll Crushers, Jaw Crushers, and Posimetric Feeders, primarily serving coal-fired power plants, steel, and cement customers.
• Elgin Separation Solutions

Quantifiable outcome

• Over 20,000 installations worldwide
• +8 more outcomes

Named customers35 records

Segments12 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature8 records

Partnerships

One partnership is on record.

• Peninsula Iron WorkscoreStrategic or Co-development Partner · 31 May 2024TerraSource Global acquired Peninsula Iron Works, a Portland-based company specializing in refurbishing and manufacturing large industrial equipment. The acquisition enhances TerraSource's manufacturing capacity and aftermarket offerings for mining, steel recycling, and industrial equipment sectors. Meridian Capital advised Peninsula Iron Works in the transaction.

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Weir Group: Weir's ESCO and crushing/screening divisions produce mining and mineral processing equipment, including crushers and screening media that overlap with TerraSource's Pennsylvania Crusher and Jeffrey Rader product portfolios.
• Kleemann (Wirtgen Group): Wirtgen Group's Kleemann brand produces mobile crushers and screening plants for natural stone, recycling, and mining. Competitor in aggregates and recycling segments with strong global distribution.
• Metso: Global leader in mining and aggregates processing equipment including crushers, screens, and feeders. Direct competitor across TerraSource's core mining, aggregate, and cement end markets, with significantly larger scale and global service network.
• McLanahan Corporation: Family-owned manufacturer of aggregate, mineral, and agricultural processing equipment including crushers, screens, and washing equipment. Closely comparable to TerraSource in customer base (aggregates, mining), product mix, and heritage brand positioning.
• Eagle Crusher: Manufacturer of portable and stationary crushing and screening equipment for aggregates, recycling, and mining applications. Direct competitor in aggregate processing with comparable size and customer focus.
• Superior Industries: Manufacturer of bulk material handling and processing equipment including crushers, conveyors, vibrating screens, and washing equipment. Direct competitor in aggregates and mining applications, with similar mid-market positioning.

Broad incumbents

• FLSmidth: Major cement and mining process equipment supplier with overlapping product lines in crushing, sizing, and material handling. Direct overlap with TerraSource's cement vertical (Lafarge, Cemex, Holcim customers) and mineral processing capabilities.
• Terex Corporation: Terex's Materials Processing segment (Powerscreen, Finlay, Terex MPS) produces crushers, screens, and washing equipment that compete with TerraSource in aggregates and mining applications, with comparable heritage brand positioning.
• Astec Industries: Parent company of TerraSource Global as of July 1, 2025. Astec's Aggregate & Mining Group produces crushing and material handling equipment that is now combined with TerraSource, representing both an internal peer and the integrated platform going forward.
• Sandvik: Sandvik's Mining and Rock Solutions division provides crushing, screening, and material handling equipment that directly competes with TerraSource's Pennsylvania Crusher, Gundlach, and Jeffrey Rader product lines across mining and aggregates.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/terrasourceg
• Facebookfacebook.com/TerraSourceGlobal
• LinkedInlinkedin.com/company/terrasource-global

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A2 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about TerraSource Global