Central Mine Equipment Company

Name

Central Mine Equipment Company

Legal name

Central Mine Equipment Company

Website

https://cmeco.com

Company type

Private

Founded year

1928

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Geotechnical Drilling Equipment

NAICS

Mining Machinery and Equipment Manufacturing (333131), Mining and Oil and Gas Field Machinery Manufacturing (33313)

SIC

Mining Machinery & Equip (No Oil & Gas Field Mach & Equip) (3532), Construction, Mining & Materials Handling Machinery & Equip (3530)

akta.pro primary industry

Drilling Rigs & Drill Systems (IMAHAMAA)

akta.pro secondary industries

Drill Tools, Bits & Downhole Equipment (IMAHAMAB), Wear Parts & Consumables (GET, Liners, Drill Bits, Grinding Media) (IMAKANAH)

Keywords

• Geotechnical drill rigs
• Auger drilling equipment
• Hollow stem augers
• Soil sampling equipment
• Drill rig manufacturing

Headquarters

HQ city

Earth City

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Custom Drill Rig Sales: CME manufactures and sells custom-built drill rigs that are designed to accommodate specific drilling needs and mounting preferences (trucks, trailers, skids, tracks, ATV carriers). Each machine is custom engineered to customer specifications.
2. Parts, Tooling & Supplies: Ongoing sales of replacement parts, drill rig tooling, diamond bits, core drilling products, core barrels, expendables, and ground water monitoring products. Core drilling tools, rotary drilling tools, well installation materials, and expendables are all available.
3. Hollow Stem Augers: Sale of patented hollow stem augers and continuous flight augers in various sizes, including specialized drive systems and accessories.
4. Rig Repair & Upgrades: Service offering for repair and upgrade of existing CME drill rigs and equipment.

Go-to-market motion2 records

Distribution channels2 records

Marketing channels6 records

Core offering

Central Mine Equipment Company designs and manufactures custom-built, mechanically driven multi-purpose geotechnical drill rigs with an emphasis on auger drilling, mountable on skids, trailers, trucks, rubber tracks, or rubber tire ATV carriers. The company also produces a complete line of proprietary drilling tooling (patented hollow stem augers, continuous flight augers, cutter heads, drive systems, automatic SPT hammers, CPT anchor systems, sample tube systems), support equipment (track carriers, decontamination trailers), and complementary parts and supplies, serving environmental, geotechnical, and water well drilling contractors with US-based manufacturing and rig repair and upgrade services.

Product overview

Central Mine Equipment Company manufactures mechanically driven geotechnical drill rigs with emphasis on auger drilling. The product portfolio includes multiple drill rig models (CME-45B, CME-45C, CME-55, CME-55LC, CME-55LCX, CME-75, CME-85, CME-550X, CME-750X, CME-850X, CME-850XR) that can be mounted on skids, trailers, trucks, rubber tracks, or rubber tire ATV carriers. Supporting the drill rigs is a complete line of proprietary tooling including Hollow Stem Augers (with S-Series Cutter Heads and Center Hexagon Drive System), Continuous Flight Augers, Automatic SPT Hammer, CPT Anchor System, Fluted Kelly & Chuck Systems, and Bearing Head Continuous Sample Tube Systems. The company also produces support equipment including the CME-800X and CME-800XR track carriers and decontamination trailers. Auger and sampling tools developed and patented by CME have become industry standards. All products are custom designed to accommodate end user needs and are backed by repair, upgrade, and parts services.

Differentiator

Problem solved

Functional benefit

Products and services

• CME Drill Rigs Custom-designed, mechanically driven multi-purpose drilling rigs with emphasis on auger drilling, available in multiple models mountable on skids, trailers, trucks, rubber tracks, or rubber tire ATV carriers for environmental, geotechnical, and water well drilling customers.
• Hollow Stem Augers Patented hollow stem augers and sampling tools available in various sizes (2-1/4 to 12-1/4 inch inside diameter) that have become industry standards for environmental and geotechnical sampling, featuring O-ring seals and hardsurfaced flighting.
• Continuous Flight Augers (Solid) Solid continuous flight augers manufactured in St. Louis from U.S. steel using one-piece heat-treated tubes and upset forged hex box connections, designed for use with CME drilling rigs.
• CME Automatic SPT Hammer 140-lb automatic Standard Penetration Test hammer producing consistent results meeting ASTM-D-1586-99 requirements, with no ropes or cables to impede free-fall and all moving parts enclosed for safety, sold for use with CME drilling rigs.
• CME CPT Anchor System Anchoring system that allows drillers to combine Cone Penetrometer Testing (CPT) with efficient CME auger drilling rigs on the same platform.
• CME Fluted Kelly & Chuck Systems Fluted kelly and chuck assembly for rotary or core drilling operations featuring a 5-foot stroke kelly combined with a 6-foot feed system stroke to accelerate drilling cycles on CME rigs.
• CME Bearing Head Continuous Sample Tube System Bearing head continuous sample tube system designed to work with any auger drilling machine (including CME rigs) as a dry core system that does not require drilling fluid or air for soil sampling.
• CME-800X All-Terrain Track Carrier Heavy-duty all-terrain carrier with 16,000 lb payload, high flotation belt and grouser-style tracks, two-speed hydrostatic drive, and walking beam suspension, designed to mount CME drill rigs for off-road sites.
• CME-800XR Rough Terrain Carrier Rubber track rough terrain carrier with 16,000 lb payload, full rubber tracks with low ground bearing pressure, and automatic hydraulic track tensioning for mounting CME drill rigs on difficult access sites.
• Decontamination Trailers Support equipment trailers designed for decontamination operations in environmental and geotechnical drilling applications.
• Drill Rig Tooling & Supplies Complete aftermarket line of drill rig tooling, diamond bits, core drilling products, core barrels, ground water monitoring products, well installation materials, rotary drilling tools, and expendables for CME drill rigs and the broader drilling industry.
• Rig Repair & Upgrades Professional service offering to repair and upgrade existing CME drill rigs and equipment, supporting installed base customers beyond initial sale.

Quantifiable outcome

• Consistent and accurate Standard Penetration Test results meeting all ASTM-D-1586-99 requirements
• +1 more outcomes

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature9 records

Partnerships

Three partnerships are on record, tiered minor and core.

• National Drilling Association (NDA)minorOthersCME is a proud member of the National Drilling Association, an industry trade organization supporting the drilling industry.
• National Groundwater Association (NGWA)minorOthersCME is a proud member of the National Groundwater Association, an organization focused on groundwater professionals and resources.
• CumminscoreTechnology or IntegrationCME equipment is powered by Cummins diesel engines (Tier-4 final emissions certified), including QSF 2.8L, QSF 3.8L, and QSB 6.7L engines across their drill rig product line.

Scale indicators2 records

Recent moves6 records

Expansion highlights3 records

Broad incumbents

• Epiroc: Stockholm-headquartered global mining and infrastructure equipment OEM (demerged from Atlas Copco) with a broad surface and underground drilling portfolio. Competes with CME in drilling rigs at the higher-end of the market and is investing heavily in battery-electric and autonomous rigs that could pressure CME's mechanical product line.
• Boart Longyear: Global drilling services and equipment provider with a long history in exploration and geotechnical drilling rigs and consumables. Comparable to CME in core drilling, rotary drilling tools, and exploration drilling equipment categories.
• Caterpillar (Cat Drilling Products): Global construction and mining equipment OEM offering rotary and DTH blasthole drill rigs as part of its mining product line. A broad incumbent whose larger scale and dealer network compete with CME at the upper end of the surface drilling market.
• Sandvik Mining and Rock Technology: Global mining and rock excavation equipment manufacturer offering surface drilling rigs, rotary heads, and down-the-hole tooling. Competes with CME in drill rigs and consumables, particularly for surface exploration and production drilling customers.

Direct peers

• Foremost Industries: Calgary-based manufacturer of drilling rigs and specialized carrier equipment serving geotechnical, water well, and shallow oil & gas markets. Comparable to CME in truck- and track-mounted drill rig configurations for similar end customers.
• Diedrich Drill: Lafayette, Indiana-based manufacturer of geotechnical and environmental drill rigs, including hollow-stem auger and direct-push systems. Closest U.S. peer to CME, competing head-to-head for the same environmental, geotechnical, and water well drilling customers with comparable truck-, track-, and trailer-mounted product lines.
• Geoprobe Systems: Salina, Kansas-based manufacturer of direct-push and rotary geotechnical drill rigs, tooling, and sampling equipment. Directly competes with CME in environmental site investigation and geotechnical sampling, with overlapping SPT hammer, CPT, and soil sampling product categories.
• SIMCO Drilling Equipment: Osseo, Wisconsin-based manufacturer of geotechnical, environmental, and water well drilling rigs. A direct U.S. peer to CME competing in similar auger and rotary drill rig categories for the same contractor customer base.
• AMS (Art's Manufacturing & Supply): American Falls, Idaho-based manufacturer of soil sampling, drilling tooling, and auger equipment widely used alongside CME and Diedrich rigs. Comparable in serving the same environmental and geotechnical contractor base with consumables, hand augers, and drilling accessories.
• JKS Boyles (now part of Epiroc): Heritage drilling rig brand (now under Epiroc) historically producing diamond core and exploration drill rigs. Competes with CME in surface exploration and core drilling equipment categories, particularly for mining exploration contractors.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights5 records

Customer concentration

• Facebookfacebook.com/CME-Central-Mine-Equipment-Company-111273571655872
• LinkedInlinkedin.com/company/central-mine-equipment-company

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about Central Mine Equipment Company