Versa-Drill

Versa-Drill Founded under Laibe Corporation in 1962, Versa-Drill has been the leader in the drill rig manufactur Mark contacted his long-time friend Mr.

Founded under Laibe Corporation in 1962, Versa-Drill has been the leader in the industry for over 55 years. Today, Versa-Drill remains a family-run business driven by the same values from the beginning.

1962
Alden “Al” Laibe founded Laibe Supply selling building supplies as well as becoming a distributor for Sanderson Cyclone Drill Company.

1972
Al’s son Mark joined the company full-time as man

ager of the business.

1973
Mark and Al made the decision to change from building supplies to multiple lines of well drilling supplies to go along with the drilling equipment.

1975
The Sanderson Cyclone Drill Company was acquired by Ingersoll-Rand Company. The key reason for the acquisition was to obtain SCD’s new model TH-60 and its chief engineer/president Mr. Carl Back.

1976-1986
IR managed to manufacture well over 1,000 TH-60’s from which Laibe Supply Corporation sold a substantial number of and was awarded three additional states to represent IR drilling rigs. Late 1980’s
More stringent DOT laws regulating the weight and number of axles became an issue. Mark contacted IR to design lighter, more compact rigs with the power of the large drilling rigs. IR did not think this could be achieved in a cost competitive way, but gave Mark their blessing to build his own. Carl Back who was now retired from IR to help.

1991
Through exceptional engineering, design and the use of state-of-the-art hydraulics and components not yet used in the drilling industry, the first Versa-Drill Model V-100 was built and began the transformation of the water well drilling industry.

1999
Laibe Supply Corporation changed its name to Laibe Corporation after experiencing significant growth and expanding its distribution of IR and manufacturing the Versa-Drill brand. A new Laibe Supply Corporation was formed to handle the well drilling and supply business.

2000
The Versa-Drill Advantage V-2000 model was created with the same vision and cutting edge technology for drilling contractors asking for a hard rock, large diameter and deep hole capabilities. The V-2000 was in a class of its own and only after a couple of years on market, Atlas Copco (formerly Ingersoll-Rand), cancelled Laibe Corporation’s distributorship. Today
Senior Management at Laibe Corporation consists of Mark Laibe, Marcus Laibe (3rd generation), and Martin “Marty” Wright. Marcus started at Laibe Corp full-time in 2010 after finishing college and became President of the business in 2016. Marty came to Laibe Corporation in 2008 after serving as the Company’s outside CPA/accountant and advisor for ten years. Together, Mark continues to bring his vision and experience in the drilling industry to the Company while Marcus and Marty run the day to day operations and work closely together to keep the spirit of always striving to build better drilling rigs with the idea of lighter weight, powerful and cutting edge technology.

🚨 We're Hiring: Mechanical Design Engineer 🚨Versa-Drill is looking for an experienced Mechanical Design Engineer to help...
06/01/2026

🚨 We're Hiring: Mechanical Design Engineer 🚨

Versa-Drill is looking for an experienced Mechanical Design Engineer to help design and improve drilling equipment used across the water well, geothermal, environmental, mining, and cathodic protection industries.

Key Responsibilities

Create new options and features for existing products based on customer requirements.

Design and develop new drilling equipment with a focus on safety, performance, reliability, and continuous improvement.

Work closely with electrical and hydraulic controls engineers to ensure cohesive equipment designs.

Review and address engineering change requests from sales, service, and production departments.

Support production and service teams with the implementation and servicing of new and existing designs.

Generate detailed component drawings and bills of materials (BOMs) for manufacturing and procurement.

Follow established engineering processes, standards, and documentation requirements.

Applicant Requirements

Bachelor's degree in Engineering, Engineering Technology, or a related field; equivalent industry experience will be considered.

Minimum of 5 years of relevant experience in machine design, heavy equipment, or a related industry.

Experience with machine design and project management.

Proficiency in 3D CAD software such as Solid Edge, SolidWorks, Inventor, or similar programs.

Strong mechanical problem-solving abilities.

Excellent written and verbal communication skills.

Ability to work effectively with engineering, production, service, and sales teams.

Bonus Qualifications

Experience designing drilling rigs or other heavy equipment.

Familiarity with hydraulic and electrical control systems.

Manufacturing or fabrication experience.

Benefits and Compensation

Medical insurance

Dental insurance

Life insurance

Short-term disability

Long-term disability

401(k) and profit-sharing

Do you enjoy solving real-world engineering challenges and seeing your designs come to life in the field?

We'd like to hear from you.

Send your resume to [email protected].

🚨 We're Hiring: Hydraulic Controls Engineer 🚨Versa-Drill is looking for an experienced Hydraulic Controls Engineer to he...
06/01/2026

🚨 We're Hiring: Hydraulic Controls Engineer 🚨

Versa-Drill is looking for an experienced Hydraulic Controls Engineer to help design, implement, and support hydraulic control systems for drilling equipment used across the water well, geothermal, environmental, mining, and cathodic protection industries.

Key Responsibilities

Implement and maintain hydraulic control systems for mobile drilling rigs and related drilling equipment.

Read, interpret, and create hydraulic schematics.

Maintain hydraulic hose routings, hose lengths, and fitting specifications for established products.

Participate in multiple engineering and controls projects simultaneously.

Assist production and service departments with the implementation, testing, and servicing of new and existing hydraulic control systems.

Support the ongoing improvement of hydraulic systems and controls across Versa-Drill product lines.

Follow established engineering processes, standards, and documentation requirements.

Applicant Requirements

Minimum of 5 years of relevant hydraulic design experience.

Strong understanding of hydraulic control systems and hydraulic schematics.

Experience with load-sense hydraulic systems preferred.

Understanding of electro-hydraulic controls preferred.

Bachelor's degree in Engineering, Engineering Technology, or a related field preferred.

3D CAD experience with Solid Edge or similar software preferred.

Excellent written and verbal communication skills.

•Ability to work effectively with engineering, production, serv

Benefits and Compensation

Medical insurance

Dental insurance

Life insurance

Short-term disability

Long-term disability

401(k) and profit-sharing

We'd like to hear from you.

Send your resume to [email protected].

NOW HIRING: RIG SALES REPRESENTATIVEDo you know the drilling industry inside and out? Ready to represent a brand with 60...
05/27/2026

NOW HIRING: RIG SALES REPRESENTATIVE

Do you know the drilling industry inside and out? Ready to represent a brand with 60+ years of proven performance?

Versa-Drill is looking for an experienced sales rep with knowledge of the water well, geothermal, cathodic protection, environmental, and/or mining industries.

We’re also looking for someone who can:

• Build strong industry relationships

• Understand drilling applications and rig capabilities

• Confidently “talk the talk” with customers in the field

• Help drive the next generation of Versa-Drill growth

Industry experience required. Rig sales experience preferred.

Competitive compensation + benefits package including:
✔ Medical
✔ Dental
✔ 401(k) / Profit Sharing
✔ Disability & Life Insurance

Send resumes to: [email protected]

05/06/2026

Meet Dylan Deaton, Versa-Drill’s Startup Manager.

From setup to first drill, Dylan and his team are on-site to help crews get up and running. Real-time support, expert adjustments, and engineering backing every step of the way.

Because at Versa-Drill, support doesn’t stop at delivery.

We’re proud to work alongside Looptech Geothermal.Focused on advancing geothermal solutions, their team is helping bring...
04/27/2026

We’re proud to work alongside Looptech Geothermal.

Focused on advancing geothermal solutions, their team is helping bring more sustainable energy systems to life—one project at a time. One new V-140X at a time.

It’s always exciting to support companies doing meaningful work in the field, and we appreciate the trust they’ve placed in Versa-Drill. 

Take a look at what they’re building: http://www.looptech.net/

And don’t hesitate to reach out to our team, for whatever your drilling needs may be. https://www.versa-drill.com/contact-us 

04/22/2026

The difference between a smooth day and unexpected downtime usually comes down to the basics. The best drillers don’t just react to problems—they prevent them.

Here are a few pro habits straight from the VERSA-DRILL service department that make all the difference in the field:

1️⃣ Don’t skip this: daily walk-around inspections
Take a few minutes each day to look over your rig. Check for anything out of the ordinary, grease where needed, and keep an eye on oil levels. These small checks can catch issues before they turn into costly downtime.

2️⃣ Always have these on hand: essential spare parts
A water swivel rebuild kit, fuses, and fuel filters are simple to carry—but critical when something goes wrong. Having the right parts nearby can turn a major delay into a quick fix.

3️⃣ Never ignore this: cracks in welds or steel
Even small cracks can be a warning sign of bigger structural issues. Addressing them early helps prevent serious damage and keeps your crew safe.

Simple habits—but they’re what keep rigs running, jobs on track, and crews protected.

Save this for later as a reminder.

ConstructionLife

Performance starts on day one. VERSA-DRILL’s startup crew is in the field working side-by-side with customers on deliver...
03/26/2026

Performance starts on day one. 

VERSA-DRILL’s startup crew is in the field working side-by-side with customers on delivery day to get rigs up and running, answer questions, and troubleshoot in real time. 

03/24/2026

When you’re miles from the shop, a few simple fixes can be the difference between losing a full day—or getting back up and running. Here are four quick fixes our Versa-Drill service team sees save the day time and time again:

Fix 1: Power reboot your console screen
Before assuming the worst, start with a simple reboot. Many console-related issues come down to temporary glitches that can be resolved in minutes with a reset.

Fix 2: Check oil leaks + consider a swivel rebuild
Oil leaks are one of the most common (and fixable) issues in the field. Catching them early—and knowing when it’s time for a swivel rebuild—can prevent bigger problems down the line.

Fix 3: Carry caps & plugs for hydraulic issues
A blown hose doesn’t have to shut you down completely. Having caps and plugs on hand lets you isolate the issue and keep working until a full repair is possible.

Fix 4: Keep a test light for electrical troubleshooting
Electrical issues can be frustrating, but a simple test light can quickly help you pinpoint where power is (or isn’t), saving you time on diagnostics.

A little preparation goes a long way in the field. Save this for later—you never know when you’ll need it.

03/18/2026

Coming in 2026, VERSA-DRILL's all new drill-rod handling system. Exclusively for our V-140TRX and the geothermal market.

Storage capacity will be 1000 ft of 3.5”x20' drill-rod.

2x capacity of the current rod handling system.

The all new design will increase both speed and capacity of the onboard system.

The system will be able to manipulate drill-rod manually or automatically.

Only from VERSA-DRILL.

Welcome to the Versa-Drill family, Three-D Drilling!With 45 years of industry experience, the West Virginia-based team c...
03/12/2026

Welcome to the Versa-Drill family, Three-D Drilling!
With 45 years of industry experience, the West Virginia-based team continues to expand their services across water well, geothermal, blast hole drilling, and pump installation.

We’re proud they chose the Versa-Drill MARK70 to help power their next chapter in the field.

Address

1414 Bates Street
Indianapolis, IN
46201

Opening Hours

Monday 7:30am - 4:30pm
Tuesday 7:30am - 4:30pm
Wednesday 7:30am - 4:30pm
Thursday 7:30am - 4:30pm
Friday 7:30am - 4:30pm

Telephone

(800) 942-3388

Website

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