In 1990, the Company was incorporated in Australia to cover the need in the market for a local designer and manufacturer of custom-made boring equipment to meet the requirements of the Tunnelling Contractors and Mining Companies and complying with all the applicable Australian Standards.

Terratec delivered its first order for a Tunnel Boring Machine in 1991 and the first Raise Borer came two years later in 1993. Since then, the Company has expanded steadily its sales coverage in Australia and overseas markets including China, South East Asia, India, Europe and North and South America.