Profile: Terex Corp (TEX.N)
26 May 2017
Terex Corporation, incorporated on October 30, 1986, is a manufacturer of lifting and material processing products and services that deliver lifecycle solutions. The Company has three business segments: Aerial Work Platforms (AWP), Cranes and Materials Processing (MP). It delivers lifecycle solutions to a range of industries, including the construction, infrastructure, manufacturing, shipping, transportation, refining, energy, utility, quarrying and mining industries. The AWP segment designs, manufactures, services and markets aerial work platform equipment, telehandlers and light towers. The AWP segment's products are used by its customers to construct and maintain industrial, commercial and residential buildings and facilities, and for other commercial operations, as well as in a range of infrastructure projects.
The Company's Cranes segment designs, manufactures, services, refurbishes and markets mobile telescopic cranes, tower cranes, lattice boom crawler cranes, lattice boom truck cranes, utility equipment and truck-mounted cranes (boom trucks), as well as their related components and replacement parts. The Cranes segment's products are used by its customers for construction, repair and maintenance of commercial buildings, manufacturing facilities, construction and maintenance of utility and telecommunication lines, tree trimming and certain construction and foundation drilling applications, and a range of infrastructure projects. The MP segment designs, manufactures and markets materials processing and specialty equipment, including crushers, washing systems, screens, apron feeders, material handlers, wood processing, biomass and recycling equipment, concrete mixer trucks and concrete pavers, and their related components and replacement parts. The MP segment's products are used by its customers in construction, infrastructure and recycling projects, in various quarrying and mining applications, as well as in landscaping and biomass production industries, material handling applications, and in building roads and bridges. The Company assists customers in their rental, leasing and acquisition of the Company's products through Terex Financial Services (TFS). TFS provides financing solutions to customers who purchase the Company's equipment.
200 Nyala Farms Rd
WESTPORT CT 06880-6265
Company Web Links
- BRIEF-Demag of Konecranes group signed major service contract with daimler AG
- BRIEF-Terex reports Q1 loss per share $0.57 from continuing operations
- BRIEF-Terex authorizes new share repurchase program
- BRIEF-Terex Corp reports Q4 loss per share $2.96
- BRIEF-Terex says intention to sell up to 9.5% of total shares outstanding of KoneCranes Plc