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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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As a publicly traded company, Terex grew from acquisitions under the leadership of Ron DeFeo, who became president in 1993 and CEO in 1995. In 1997 Terex aquired mining business from O&K, including worlds largest hydraulic excavator RH 400, later produced as Cat 6090. [11] In 2010 Terex sold its mining business to Bucyrus. [12]
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]
js215LC tracked backhoe excavator in the Himalayas (elev. 3,770 m (12,370 ft). Many of the vehicles produced by JCB are variants of the backhoe loader, including tracked or wheeled variants, mini and large version and other variations, such as forklift vehicles and telescopic handlers for moving materials to the upper floors of a building site.
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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.
Terex Pegson was founded in 1830 as Samuel Pegg and Son. It was merged with Brown Lennox in 1996 after being purchased by the Irish screening company, Powerscreen. Powerscreen was acquired by the Terex Corporation in 1999. Terex Pegson was awarded a Queen's Award for Enterprise in 2005, [1] repeating its success of 2002. A remarkable 80% growth ...
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