Schramm, Inc., a world class manufacturer of mobile, land-based hydraulic drill rigs used extensively in the global mining and energy industry, announced the appointment of industry veteran Craig Mayman as President, effective immediately. Mayman succeeds Schramm veteran James E. Dolan, who retired earlier this year. As president, Mayman will oversee the company's operations as the company's mining and oil and gas business continues to rebound following recent industry downturns.

"Craig's appointment comes at an exciting and challenging time for the drilling equipment and manufacturing sector. He is a proven leader with the right technical expertise and strategic vision to capture new market opportunities and lead the company to future growth. Craig's unwavering passion for the Schramm brand and commitment to customers has been inspiring, and we are confident in his leadership," said D. Oscar Groomes, Chairman of the Schramm Board of Directors.

Mayman, who previously served as Schramm's vice president of sales and aftermarket, brings decades of experience in the mining sector having worked in manufacturing, sales and as a drilling contractor. Prior to joining Schramm in 2016 as director of mining and water sales, Mayman was the general manager of Drilling Products International and spent almost a decade with Boart Longyear in various roles from engineering to product management.

"I have a tremendous amount of respect for the Schramm brand and our employees across the globe. I am honored by the board's confidence and excited for the opportunity to be Schramm's new president. I look forward to building on the company's momentum and capture new opportunities as the mining, oil and gas and water markets heat up," said Craig Mayman, Schramm president.

About Schramm, Inc.

With more than a century of experience, Schramm is a world-class manufacturer of mobile, land-based hydraulic drill rigs used extensively in the energy, mineral exploration, geothermal and water well sectors in more than 80 countries. Schramm leverages "Made in USA" quality with industry-leading technology to find faster, safer and more efficient ways to unlock the world's vast energy resources and recently introduced the T500XD—the world's first Telemast drill rig specifically designed to handle the unique challenges presented by shale pad drilling. www.schramminc.com