Terex acquires Superior Highwall Miners
| November 14, 2007

Terex Corporation today announced that it has acquired Superior Highwall Miners. SHM, headquartered in Beckley, West Virginia, is a manufacturer of highwall mining equipment for use in trench mining, open pit mining, contour mining and auger hole mining applications. The total consideration for the transaction was approximately $140 million payable in cash.

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