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Tag: Terex Cranes: Page 2
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 to merge with Finnish manufacturer Konecranes
Cranes and heavy equipment manufacturer Terex will merge with Finnish competitor Konecranes in an all-share deal, the companies announced in a joint release Tuesday. The new company will be called Konecranes Terex and will be based out of Finland. It is expected to bring in $10 billion in revenues and allow both companies to fight […]
August 11, 2015
Business
Terex profit falls 30% in 3Q, reduces expectation for full-year earnings
Despite a slight sales boost, equipment manufacturer Terex saw earnings fall during the third quarter and has reduced its earnings forecast for the full year. Sales were up 3 percent over the same quarter last year to $1.8 billion, mainly due to the continued success of the company’s aerial work platforms (AWP) segment and a […]
November 2, 2014
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
Dealers
JLG tapped United Rentals Supplier of the Year, Doosan adds a dealer, Terex Cranes taps new VP 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 every week! JLG receives United Rentals Strategic Supplier of the […]
March 28, 2014
Construction Equipment
Terex warns of counterfeit CC 2500-1 crawler cranes. Here’s how to spot the fakes
Terex has announced that it is aware of as many as 10 counterfeit cranes having been sold as genuine CC 2500-1 lattice boom crawler cranes. The counterfeit cranes originate from China and are branded and sold as used Terex cranes. The cranes are priced well under market value and most of them are painted red […]
November 4, 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 appoints new CFO among senior leadership changes
Terex has appointed several leadership positions, including a new senior vice president and Chief Financial Officer. Kevin Bradley, currently president of Terex Cranes since 2011, has been appointed senior vice president and chief financial officer effective immediately after the filing of the Company’s Annual Report on Form 10-K for 2012. Bradley will succeed Phil Widman, […]
January 15, 2013
Roadbuilding
Terex Cedarapids CRJ3054 portable jaw plant a high-production portable crushing machine
The new Terex Cedarapids CRJ3054 plant combines a robust JS3054 jaw crusher with a high stroke, 52-inch by 20-foot vibrating grizzly feeder resulting in a high-production portable crushing machine. The CRJ3054 is built tough, including a new hopper design, to handle severe primary crushing applications. The highly mobile CRJ3054 is easy to operate and maintain […]
August 30, 2011
Business
Terex makes senior executive changes
Terex announced several senior executive changes today. Thomas Riordan, president and chief operating officer, will resign from Terex effective Jan. 31. The company said they do not intend to fill Riordan’s position in the near term, and Ronald DeFeo, chairman and chief executive officer upon Riordan’s departure, will assume his current responsibilities. Kevin Bradley was […]
January 10, 2011
Roadbuilding
Terex makes senior executive changes
Terex announced several senior executive changes today. Thomas Riordan, president and chief operating officer, will resign from Terex effective Jan. 31. The company said they do not intend to fill Riordan’s position in the near term, and Ronald DeFeo, chairman and chief executive officer upon Riordan’s departure, will assume his current responsibilities. Kevin Bradley was […]
January 10, 2011
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