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Tag: Terex Corp
Construction Equipment
Terex completes sale of Demag Mobile Crane business to Tadano
The $215 million sale of Terex Corp.’s Demag Mobile Crane business has been completed. The business was purchased by Tadano, a Japan-based global crane company. Terex said the deal is another step toward improving profitably and becoming more focused. The company also recently completed the sale of its boom truck, truck crane and crossover product […]
August 5, 2019
Dealers
Terex Corp. posts 8% sales gain in 2Q
Terex Corp. posted an 8 percent increase in net sales in the second quarter over the same period in 2018, excluding the foreign exchange impact. The company’s aerial work platform division, which consists of Genie and Terex Utilities brands, were up 5 percent, excluding the foreign exchange impact, to $870 million. The global backlog for […]
July 31, 2019
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
Business
Terex sells large wheel loader line to German manufacturer Atlas Maschinen
Terex has sold all intellectual properties of its large wheel loader line to German manufacturer Atlas Maschinen, according to a report from KHL. The price of the deal was not disclosed. The deal includes the TL160, TL210, TL260 and TL310. Atlas Maschinen has said it will continue the manufacturing of the machines under both the […]
August 20, 2013
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