Terex second-quarter net rises 35 percent

CHICAGO, July 23 (Reuters) - Terex Corp (TEX.N), a maker of construction and mining equipment, said on Wednesday that its earnings in the latest quarter rose 35 percent as high commodity prices and infrastructure construction in the developing world created strong demand for its machines.

The company reported a second-quarter profit of $236.3 million, or $2.32 a share, up from $174.6 million, or $1.66 a share, during the comparable quarter last year.

Sales rose 25 percent to $2.94 billion.

Analysts, on average, expected the Westport, Connecticut-based company to report earnings of $1.98 a share on sales on $2.78 billion, according to Reuters Estimates.

(Reporting by James Kelleher, editing by Phil Berlowitz)