NORTH PORT, FL — MTI Equipment has successfully been re-acquired by the company’s founding ownership group. The ownership group consists of Canon Stahl, Shawn Hendricks and Alain Trimble.

MTI was established in 1986 as a telecommunications installation provider. In the early 1990s MTI transitioned into being a provider for pre-owned underground construction equipment. Hendricks and Stahl were both prior owners of the business at the time of the first sale of MTI Equipment in 2012.

Stahl and Hendricks have over 40 years combined serving in various leadership roles at MTI Equipment. They both stayed on the leadership team after selling the company, playing a pivotal role in MTI’s growth. Alain Trimble has served in roles effectively leading operations and as company President for the previous owners.

"Over the years MTI has set the standard for customer service in the pre-owned HDD market, because of this we have developed a loyal customer base, and we are determined to continue to provide the best equipment and support possible," Stahl said.

"MTI has provided 20 plus years of backing to the growing HDD industry," Hendricks said. "We hope to continue to bring support to both the Ditch Witch and Vermeer dealer organizations."

The new group completed the purchase of all inventory, personnel and property, which includes the recently built 39,000-square-foot facility in North Port, Florida. Trimble played a key role in the development of the new property.

"We are excited to grow upon MTI’s successful history of providing reliable directional drilling equipment to contractors,” Trimble said. “We are also committed to creating a great work environment for MTI’s current employees and providing support to the community here in Southwest Florida.”