Atlas Copco Exploration Products

Ontario – North Bay – North Bay

Corporation

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Corporation

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In September 2000 HOBIC was bought by Atlas Copco.
HOBIC BIT INDUSTRIES CORPORATION was formed in 1986 to manufacture drill bits, core bits and sidetrack bits for the
oil field industry. In 1990, HOBIC diversified into manufacturing core bits, reamer shells and casing shoes for mineral
exploration applications. It forms part of the exploration Product Line.
The personnel at Hobic have over 80 years experience in the oil and mining exploration industry. Their expertise in product
design, engineering and manufacturing has placed Hobic at the forefront of diamond drill bit.
Using strict quality controls, sophisticated proprietary furnacing techniques, together with metal powder technology
expertise, HOBIC manufactures a broad range of matrices to meet today's drilling and cutting demands.
Hobic also manufacturers a complete line of surface set bits for drilling soft formations. These products are set with natural
or polycrystalline diamonds, depending on the formations to be drilled.
Country of Ownership: Canada
Year Established: 1986
Exporting: Yes
Primary Industry (NAICS): 333130 - Mining and Oil and Gas Field Machinery Manufacturing
Primary Business Activity: Manufacturer / Processor / Producer
Total Sales ($CDN): $10,000,000 to $24,999,999
Export Sales ($CDN): $5,000,000 to $9,999,999
Number of Employees: 40

Products:
Core drill bit, diamond type, Core drill bit, non-diamond type, Core drill bit/surface set, Reamer shells, Casing shoes, Drilling equipment products - services, Mining, products, equipment, service - supplies, Bits, Oil field equipment/services/supplies

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Profile ID: LFCA-COD-O-3653

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