Tag: Terex Construction Equipment: Page 2

Business

Terex sees big profit increase as AWP and MHPS segments boost sales

In its latest earnings report, Terex announced increases in both sales and profit during the second quarter of the year. The company’s net sales increased to $2.05 billion, up 10.4 percent from the second quarter of 2013 again mainly due to strong performances from the company’s Aerial Work Platform and Material Handling and Port Solutions (MHPS) […]

July 25, 2014

Business

Aerial Work Platform sales propel Terex to profit in 1Q

Despite flat sales, Terex announced increased first quarter earnings thanks to the continued success of its Aerial Work Platform segment. Net sales were at $1.6 billion for the quarter, unchanged from the first quarter of 2013. Profit increased 69 percent to $32.6 million, or 28 cents per share. “We remain encouraged by the performance of […]

May 9, 2014

Business

Much improved 4Q and stronger 2013 sales push Terex to “a good year”

Releasing fourth quarter and full year results today, Terex said it had net sales of $7.1 billion during 2013, up 1.4 percent from 2012. Fourth quarter sales were up 12-½ percent in 2013 over the previous year to $1.8 billion, and tracking closely with third quarter net sales of $1.810.6 billion. Income from 2013 continuing […]

February 19, 2014

Dealers

Link-Belt’s top 5 dealers, a new Bobcat dealer plus Kobelco and Terex promotions in this week’s Dealer News Roundup

Welcome to the Dealer News Roundup, your one-stop shop for all the moves going on inside the heavy equipment distributor industry. We post a new edition just about every week with news on hires, promotions, new locations and expansions. Check back for a new edition on Fridays. Link-Belt announces its Top 5 dealers for 2013 […]

February 7, 2014

Construction Equipment

Walkaround of the Terex PT-75 compact track loader

Terex gave the public its first up close look at the PT-75, its latest compact track loader, at the World of Concrete last week. Powered by a 71-horsepower, 4 cylinder Perkins diesel, the narrow 70-inch-wide machine can get into a number of confined work areas. The Posi-Track undercarriage, offering multiple levels of suspension that distribute […]

January 30, 2014

Business

Terex sells truck business to Volvo Construction Equipment

Terex says it will sell its truck business—which includes off-highway articulated and rigid-frame trucks— to Volvo Construction Equipment in a $160 million cash deal. The deal, slated to be finalized in the first half of next year, immediately gives Volvo a rigid-haul product for the heavy earthmoving and light mining segment, targeting the booming oil […]

December 9, 2013

Construction Equipment

Terex launches the TSV-90, its largest skid steer yet

This morning Terex introduced its latest and largest skid-steer loader yet, the TSV-90. Designed for heavy pick-and-carry and large production loading applications, Terex’s new TSV-90 features a vertical lift path and is powered by an 85-horsepower Tier 4 interim-compliant Cummins turbocharged engine. The skid steer boasts 3,375 pounds of rated operating capacity and a 131-inch […]

October 22, 2013

Construction Equipment

After sale of roadbuilding equipment, Terex to upgrade, repurpose Oklahoma City plant

Following the sale of its roadbuilding equipment to Fayat Group earlier this year, Terex says it will upgrade and repurpose its 700,000-square-foot facility in Oklahoma City to manufacture multiple product lines. A press release issued today, however, offered no details on what Terex products would be manufactured at the facility or specific upgrade plans. Terex […]

October 16, 2013

Construction Equipment

Terex launches updated General 80 digger derrick line

Terex has updated their line of General 80 digger derricks, boosting capacity and improving maintenance features. Announced at ICUEE 2013, the improvements include commonality in controls and parts and servicing requirements. The General 80 features a 79.9-foot sheave height, 26,600-pound lift capacity at 10-foot radius (fully retracted), 1,840-pound lift capacity at zero degrees (fully extended) […]

October 9, 2013

Construction Equipment

Terex to build compact track loaders for Vermeer

Terex and Vermeer have entered into a partnership that will result in a Terex-built compact track loader for Vermeer. The Terex announcement says the CTLs are designed for forestry applications and are part of a private label agreement—meaning they will be sold under the Vermeer name. “This agreement represents a good opportunity for incremental volume […]

September 30, 2013

Business

Despite growth in AWP and cranes, Terex cuts outlook after 2Q operating income falls 51%

Citing a “softened” marketplace compared to what the company originally expected for 2013, Terex Corporation announced year-over-year declines in both net sales and operating income for the second quarter and has cut its outlook for the rest of the year. Net sales for the equipment maker were $1.9 billion in the second quarter, down 5.1 […]

July 29, 2013

Business

Terex sees increased operating profits despite first-quarter sales falling 5.3%

In the first quarter of the year Terex saw net sales drop 5.3 percent from the same period last year to $1.7 billion. Nonetheless, the company saw an increase in operating profits. After deducting operating costs, Terex profits were at $68.4 million the first quarter. That’s a 7 percent increase from the $63.8 million in […]

April 25, 2013