Tag: Terex: Page 19

Terex launches dedicated Website for used equipment sales

Terex has launched a dedicated Website for the purchase of used equipment. The site — www.terex.com/used — allows construction contractors to access spec information, photos and MSRP on used construction, roadbuilding and aerial work platform equipment for sale through Terex. A complete inventory of used equipment for sale through Terex is available on the site. “We know […]

March 19, 2010

Construction Equipment

Terex agrees to pay $8 million to settle fraud charges by SEC, admits no wrongdoing

The Securities and Exchange Commission yesterday charged Westport, Conn.-based heavy equipment manufacturer Terex Corp. with accounting fraud for making material misstatements in its own financial reports to investors, as well as aiding and abetting a fraudulent accounting scheme at United Rentals, Inc. (URI), another Connecticut-based public company. Terex has agreed to settle the SEC’s charges […]

January 15, 2010

Terex CEO turns down $1.17 mil bonus and cuts own salary 10 percent

Terex Corp Chief Executive Ron DeFeo has reduced his salary by 10 percent and declined a $1.17 million annual bonus, ARI-C News reports. DeFeo believes he should lead by example and share some of the economic burden the company and industry is presently facing, the news organizations reports. Base salaries for other Terex executives are […]

January 11, 2010

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