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Tag: TEREX Corporation
Dealers
Terex expects to announce $5.1B in 2018 net sales
Terex says it will release more financial detail and 2019 guidance just before an investors' conference call February 27.
February 20, 2019
Dealers
Terex to optimize global parts pricing with Syncron Price
Syncron Price has been selected by Terex to optimize its global service parts pricing. Read details of this on Equipment World.
September 5, 2018
Dealers
Terex increases sales by 19% to $1.4B, boosts 2018 outlook
Terex is seeing the momentum it gained from last year carry over into this year. Get more information on Terex's 2018 outlook right here on Equipment World.
August 2, 2018
Dealers
Terex Utilities building new plant on 55 acres in South Dakota
Terex Utilities plans to consolidate its Watertown, South Dakota, manufacturing operations into one new facility on 55 acres where it will house assembly, fiberglass, paint and installation operations for its aerial devices, digger derricks and auger drills. Currently, these operations are spread among 10 locations in the area, having been added over the years. The […]
May 1, 2018
Construction Equipment
Terex posts 70% jump in 3Q profit
Terex Corporation reports that income from continuing operations soared 70 percent in the third quarter of 2017 to $56.6 million – up from $33.3 million for the same period a year ago. Terex posted earnings of 63 cents per share in the quarter, compared to 31 cents reported a year ago.  “Our third quarter […]
November 3, 2017
Construction Equipment
Terex encouraged by early impact of restructuring as sales decrease 10% in 1Q
Despite a sales decrease of 10 percent from the same period last year, Terex Corporation reports that the company sees encouraging signs in its first quarter earnings moving forward. For the first quarter, Terex reported net sales of $1 billion, down from 1Q 2016 sales of $1.1 billion. The company reports a loss from continuing […]
May 3, 2017
Construction Equipment
Terex CEO lays out streamlined company’s new strategy
After years of acquisitions and divestitures, Terex Corp. has narrowed its focus to three key markets and is setting the course for growth in the specific niches in which it will continue to play. “It has been a very dynamic and exciting time for Terex,” noted John Garrison, president and CEO, during a ConExpo 2017 media […]
March 10, 2017
Construction Equipment
China’s Zoomlion confirms offer to woo Terex away from Konecranes merger
Chinese equipment manufacturer Zoomlion has officially confirmed an offer made to Terex to buy the company, despite Terex’s plans to merge with Finnish manufacturer Konecranes. Zoomlion announced Tuesday that on Dec. 4 it offered to buy Terex for $30 per share in cash. At the time of the offer, it represented a 41 percent premium […]
February 17, 2016
Business
Terex profit falls 24% in 3Q as sales slip across divisions
Citing a marketplace that “remains challenging,” Terex announced another down quarter for the year, with its Aerial Work Platforms division continuing to provide the majority of positive news for the company. Sales for the company fell 9.3 percent from third quarter 2014 to $1.6 billion while profit fell 24 percent to $44.8 million. “As mentioned last quarter, we are […]
October 27, 2015
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
Roadbuilding
Terex to sell truck business to Volvo CE
Terex announced on Monday that it plans to sell its truck business to Volvo Construction Equipment for approximately $160 million. The transaction, which is expected to close in the first half of 2014, will provide Volvo with off-highway rigid and articulated haul trucks. Terex’s Motherwell, Scotland manufacturing facility is included in the transaction. Terex Chairman […]
December 10, 2013
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