Coneqtec Corp. Announces Acquisition of Terramite, Inc. Assets

Wichita, KS, January 01, 2009 --(PR.com)-- Terraquip Construction Products, Inc., a wholly owned subsidiary of Coneqtec Corporation, Inc., a privately held manufacturer of hydraulic attachments and hydraulic kits for construction equipment, today announced it has acquired the assets and the rights to manufacture and distribute the product lines of The Terramite Company, Inc. Terramite was formed in 1965 and designed the first compact backhoe loader in the early 70’s. Today, The Terramite Company, Inc. sells its line of compact backhoe models, street sweepers and paving screeds both domestically and internationally.

“We’re very excited about the addition of the Terramite product line to the Coneqtec Family. Terramite has a long history of providing an excellent, high quality product with a reputation of reliability and productivity. Coneqtec plans to use the present facilities to manufacture the Terramite product line. The people there are highly skilled and we look forward to working with them,” says Gary Cochran, President of Coneqtec Corp.

Coneqtec Corporation, Inc., headquartered in Wichita, KS, is an engineering and manufacturing company that has developed heavy duty attachments and hydraulic kits for skid steer, backhoe, compact and utility loaders since 1990. In addition to the newly acquired Terramite line and assets, Coneqtec also owns Universal Construction Products, Inc., Universal Bingham, Inc. and the majority interest in Burlington Installation Corporation, Inc. Coneqtec has facilities located in Iowa, Indiana, Kansas, West Virginia and England. The company has an international network of dealers to provide products and services worldwide.

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