Construction Equipment
Ag Equipment
Roadbuilding
Dealers
Business
Technology
Tag: Terex Construction Equipment
Dealers
Sales down, profit up at Terex following 2Q sales of construction, MHPS segments
Along with a report of a 10-percent decrease in net sales for the second quarter, Terex released its 2016 outlook, updated based on its new, more streamlined corporate structure following the sale of two of the company’s equipment segments. Terex announced net sales of $1.3 billion for Q2 and a 44-percent increase in profit to $110 million. […]
August 4, 2016
Dealers
Yanmar acquires Terex’s compact construction equipment business
Terex announced today that it has agreed to sell its German compact construction business to Yanmar. The deal is for $60 million cash and is expected to close in the second half of this year. Terex’s compact construction business makes and sells midi/mini excavators, wheeled excavators and compact wheel loaders. As part of the deal, […]
June 21, 2016
Business
No Deal: Zoomlion withdraws acquisition offer following Terex MHPS sale to Konecranes
Less than two weeks after Terex walked away from a merger with Finnish equipment manufacturer Konecranes to further pursue acquisition talks with Chinese OEM Zoomlion, Zoomlion has withdrawn its offer. After announcing what appeared to a be done deal last fall with Konecranes, Terex officially walked away from the merger earlier this month after receiving an […]
May 31, 2016
Construction Equipment
Terex intros R350T/Forestry compact track loaders to smoother ride Gen2 lineup
Terex is expanding its Generation 2 lineup of skid steers and compact track loaders once more with the addition of the company’s largest CTLs. The radial lift R350T and R350T Forestry are powered by a Tier 4 Final Cummins QSF3.8 engine providing 120 horsepower and 360 lbs.-ft. of torque. With a 6-foot profile, 15 inches of […]
May 11, 2016
Technology
Terex to light up equipment with ORBCOMM telematics
Terex Materials Processing, a division of Terex Corporation, announced that it will begin offering an ORBCOMM telematics solution on Powerscreen and Terex Finlay machines. The telematics system will be offered as standard equipment on Terex crushers initially, but will be expanded to the screeners as well, says Christian Allred, ORBCOMM’s general manager and senior vice […]
February 1, 2016
Construction Equipment
Terex adds new R265T compact track loader to Gen2 lineup
Just more than a year removed from the launch of its Generation 2 lineup of loaders, Terex has added a new Gen2 machine in the radial lift path R265T compact track loader. With a width of only 5 feet, 10 inches, the R265T is designed for confined or congested jobsites and is powered by a […]
September 23, 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
Construction Equipment
Terex intros rental ready TLB840R backhoe; and yes, it does come in blue (also white) [PHOTOS]
[imagebrowser id=203] “The TLB840R is the crown jewel of our show,” said Aron Sweeney, marketing manager, North America for Terex Construction, speaking from the company’s booth at The Rental Show this week. When rental customers asked for a low acquisition cost backhoe, Terex took their TLB840 model, and using the same chassis and basic structure […]
February 26, 2015
Business
Terex finishes 2014 with a 27% profit increase but expects sales declines in 2015
Terex has released its fourth quarter and full-year earnings report and despite consecutive down quarters to finish the year, the heavy equipment manufacturer saw overall gains in both profit and sales during 2014. Sales were up 3 percent in 2014 to $7.3 billion thanks to increases in every segment except cranes. The figure met the […]
February 18, 2015
Construction Equipment
JCB to supply Terex with engines for site dumpers
JCB has announced that it has been awarded a contract to build engines for Terex site dumpers. The $7 million (£4.5 million) contract will provide power to two Terex site dumpers: the TA6 and TA6S. Terex will be using JCB’s Ecomax 74-horsepower Tier 4 Final engines for the machines. The contract comes as JCB celebrates the […]
December 9, 2014
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
Construction Equipment
Terex launches Generation 2 skid steers and compact track loaders with more than 100 upgrades
Featuring more than 100 enhancements from previous models, Terex has launched a new line of skid steers and compact track loaders. The Terex Generation 2 machines are available in radial and vertical lift-path patterns with rated operating capacities ranging from 665 to 3,600 pounds. The Terex Gen2 line currently includes eight models, ranging in size from 665 […]
September 3, 2014
Page 1 of 3
Next Page