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The origins of Terex date to 1933, when the Euclid Company was founded by George A. Armington to build hauling dump trucks. In 1953, General Motors purchased Euclid, expanding the business to include more than half of all U.S. off-highway dump truck sales.
In December 2013, VCE agreed to pay US$160m for the heavy haul truck line of U.S. manufacturer Terex, [5] Including Terex Equipment Ltd (TEL) of Scotland. [6] In December 2020, Volvo began delivering all-electric ECR25 Electric compact excavators to customers. [7] In September 2021 VCE dropped the Terex name and rebranded the business Rokbak. [8]
The Association of Equipment Manufacturers (AEM) is a North American trade association representing off-road equipment manufacturers and suppliers. AEM represents more than 1,000 companies with more than 200 product lines in agriculture and construction-related industry sectors worldwide.
A twin engined Terex TS-14b scraper in Hudson, Ohio. In civil engineering, a wheel tractor-scraper (also known as a land scraper, land leveler or tournapull) is a type of heavy equipment used for earthmoving. It has a pan/hopper for loading and carrying material.
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The company manufacturers terrain cranes, crawler cranes and tower cranes. In 1998 American Crane Corporation was acquired by Terex for $27 million. [1] The purchase of American Crane Corporation brought Terex a manufacturer of lattice boom cranes. [2]
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