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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.
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]
Genie is an American company that manufactures work lifts and platforms used in construction, maintenance, warehouse stocking, and equipment installation. Founded in 1966 by Bud Bushnell, the company operated independently until acquired by Terex in 2002. [1]
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 ...
The Euclid Company of Ohio made specifically-designed off-road heavy haulers, compared with other companies that modified on-road trucks for off-road earth-hauling.. The Euclid Crane and Hoist Co., formed in 1909 and owned by George A. Armington and his five sons, had become a large, respected and profitable operation by the early 1920s.
Manual crane from the late 19th century used for unloading small loads from ships at the Port of Barcelona, Spain. A crane is a machine used to move materials both vertically and horizontally, utilizing a system of a boom, hoist, wire ropes or chains, and sheaves for lifting and
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30 June 2011: Terex gains 67% of Demag Cranes. 2017: Finland based Konecranes acquires Demag Overhead division in Wetter and Gottwald Port Cranes division from Terex and changes the name to Demag Cranes & Components GmbH [14] 2019: Japan based Tadano acquires the Demag Mobile Cranes business from Terex changes the name to Tadano Demag GmbH. [15]
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