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Terex Corporation is an American company [4] [5] [6] and worldwide manufacturer of lifting and material-handling equipment. Products include those that enable customers to reduce their impact on the environment including electric and hybrid offerings, deliver emission-free performance, support renewable energy, and aid in the recovery of reusable materials from waste.
In 2002, Genie Industries was acquired by Terex Corporation, a global manufacturer of construction and industrial equipment. [6] In the years following the sale, the Genie organization was transitioned over to the Terex Aerial Work Platforms (AWP) segment of Terex. All of the company's products are still sold and marketed under the Genie brand. [4]
The American Crane Corporation was founded in 1882 as the Franklin Manufacturing Company, and in 1892 the name changed to American Hoist & Derrick. The company manufacturers terrain cranes, crawler cranes and tower cranes. In 1998 American Crane Corporation was acquired by Terex for $27 million. [1]
Filipov will retain overall Terex responsibility for the Russian market as well as Corporate Marketing. Mr. Filipov joined Terex in 1995 and has held positions of increasing responsibility ...
Terex Corporation Completes Note Redemption WESTPORT, Conn.--(BUSINESS WIRE)-- Terex Corporation (NYS: TEX) today announced that it has completed its previously announced redemption of the ...
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In February 2010, Bucyrus International completed a US$1.3 billion acquisition of the mining equipment division of Terex Corporation. [12] On November 15, 2010, Bucyrus agreed to be acquired by Caterpillar in a transaction valued at US$8.6 billion. Caterpillar said it intended to create a new mining business headquarters at the former Bucyrus ...
Moody's Investors Service ("Moody's") affirmed Terex Corporation's ("Terex") corporate family rating ("CFR") at B1, probability of default rating at B1-PD, and senior secured rating at Ba2 ...