SIMCO Drilling Equipment Celebrates 50th Anniversary

This summer will mark 50 years since the first drilling rig rolled out of the SIMCO Drilling Equipment plant in Osceola, Iowa.

SIMCO Drilling Equipment started out as a “sketch on the back of an envelope” in Lincoln, Nebraska, when a custom metal fabricating company, Metalcraft, was challenged with building a better drill. Owner Thayne Croston got to work and created a heavier, crawler-mounted drill that opened up drilling possibilities in rough terrains. Soon, he needed a larger facility to meet growing demand and came across the opportunity to move to a new building in Osceola, Iowa.

The first all-hydraulic, truck-mounted drilling rig, the 2400, soon rolled out the doors of the new southern Iowa Manufacturing Company facility in 1971. It was only another five years before the 2800 series and the 5000 series were added to their stable of rig models, and within 10 years the business had exponentially grown their range of ruggedly built, reliable equipment. The SIMCO engineering team pushed suppliers to make their own advances in technology just to keep up with their innovation.

“Celebrating 50 years of quality products and service is a great honor for SIMCO Drilling Equipment and everyone who has been a part of our journey,” said Darren Swolley, general manager and sales manager for SIMCO. “We’re really proud of the way SIMCO has evolved and adapted to improve our drilling rigs for a wide variety of diverse applications.”

Click here to read more about its 50th anniversary.