Terex Manufacturing Company is a global manufacturer of lifting and material processing products and services. The company was founded in 1925 in the United States and has since expanded its operations to over 50 countries worldwide. Terex has a diverse portfolio of products, including cranes, aerial work platforms, crushing and screening equipment, and more.
Terex is known for its commitment to innovation and sustainability. The company has introduced several groundbreaking products, such as the Genie® SX-180 telescopic boom lift, which is the tallest self-propelled boom lift in the world. Terex has also implemented sustainable practices in its operations, such as reducing waste and emissions and promoting energy efficiency. The company has received numerous awards for its environmental initiatives, including the Energy Star Partner of the Year Award from the U.S. Environmental Protection Agency.
Overall, Terex Manufacturing Company is a leading player in the global industrial equipment market. With its focus on innovation and sustainability, the company is well-positioned to continue its growth and success in the years to come.
Company Overview
Terex Manufacturing Company is a global manufacturer of heavy equipment and machinery. The company has a long history of producing high-quality products and has built a reputation for innovation and reliability in the industry.
History
Terex Manufacturing Company was founded in 1933 as a division of General Motors. The company was originally focused on producing heavy-duty trucks for the construction industry. Over the years, Terex has expanded its product line to include a wide range of equipment and machinery for various industries, including mining, construction, and transportation.
Core Business Areas
Terex Manufacturing Company has several core business areas, including:
- Construction Equipment: Terex produces a range of construction equipment, including excavators, backhoes, and loaders.
- Mining Equipment: The company also produces mining equipment, such as haul trucks and loaders.
- Material Handling Equipment: Terex manufactures a variety of material handling equipment, such as cranes and forklifts.
- Transportation Equipment: The company produces transportation equipment, including aerial work platforms and telehandlers.
Global Presence
Terex Manufacturing Company has a global presence, with manufacturing facilities and sales offices located in North America, Europe, Asia, and South America. The company has a strong network of dealers and distributors, allowing it to reach customers in more than 170 countries around the world.
In addition to its manufacturing operations, Terex also provides a range of services and support to its customers, including financing and leasing options, training programs, and aftermarket parts and service. With its commitment to quality and innovation, Terex Manufacturing Company is a leader in the heavy equipment and machinery industry.
Products and Innovations
Product Portfolio
Terex Manufacturing Company has a diverse product portfolio that includes heavy equipment for construction, infrastructure, and mining industries. The company’s product range includes cranes, aerial work platforms, material processing machines, and utility trucks. Terex’s cranes are known for their reliability, durability, and safety features. The company offers a range of cranes, including all-terrain, rough-terrain, tower, and crawler cranes. These cranes are used in various industries, including construction, oil and gas, and mining.
Terex’s aerial work platforms are designed to provide safe and efficient access to high places. The company offers a range of aerial work platforms, including scissor lifts, boom lifts, and personnel lifts. These machines are used in various industries, including construction, maintenance, and installation.
Terex’s material processing machines are designed to crush, screen, and separate materials. The company offers a range of machines, including crushers, screeners, and conveyors. These machines are used in various industries, including mining, construction, and recycling.
Research and Development
Terex Manufacturing Company is committed to innovation and invests heavily in research and development. The company’s research and development team works closely with customers to understand their needs and develop products that meet those needs. Terex’s research and development efforts focus on improving product performance, reducing environmental impact, and enhancing safety features.
Terex’s research and development team has developed several innovative products, such as the Genie Lift Connect telematics system. This system provides real-time information about the performance and location of aerial work platforms, allowing customers to optimize machine productivity and reduce downtime.
Sustainability Initiatives
Terex Manufacturing Company is committed to sustainability and has implemented several initiatives to reduce its environmental impact. The company’s sustainability initiatives focus on reducing greenhouse gas emissions, conserving natural resources, and promoting recycling.
Terex has implemented several measures to reduce greenhouse gas emissions, such as using alternative fuels in its machines and reducing energy consumption in its manufacturing facilities. The company also promotes recycling by using recycled materials in its products and recycling waste materials generated during the manufacturing process.
In conclusion, Terex Manufacturing Company has a diverse product portfolio, a strong focus on research and development, and a commitment to sustainability. These factors have contributed to the company’s success in the heavy equipment industry.
Frequently Asked Questions
What range of products does Terex Corporation offer?
Terex Corporation is a global manufacturer of a wide range of equipment for the construction, infrastructure, quarrying, mining, shipping, transportation, refining, energy, and utility industries. Some of the products offered by Terex Corporation include aerial work platforms, cranes, crushing and screening equipment, material handlers, port equipment, utility equipment, and trucks.
Can you list the global locations where Terex operates manufacturing facilities?
Terex Corporation operates manufacturing facilities in various countries across the world. Some of the countries where Terex Corporation has manufacturing facilities include the United States, China, Germany, the United Kingdom, India, Brazil, and Australia.
Who is the current owner of Terex Corporation?
As of April 2024, Terex Corporation is a publicly traded company and does not have a single owner. The ownership of the company is spread across a large number of shareholders.
What is the role of Terex Corporation in India’s market?
Terex Corporation is a significant player in India’s construction and infrastructure market. The company has a manufacturing facility in Hosur, Tamil Nadu, which produces a range of equipment for the Indian market and exports to other countries. Terex Corporation also has a strong dealer network in India, which helps it to reach customers across the country.
Has Terex maintained its production of equipment in recent years?
Terex Corporation has maintained its production of equipment in recent years. The company has invested in modernizing its manufacturing facilities and has introduced new products to meet the changing needs of its customers. Terex Corporation has also expanded its global footprint through acquisitions and partnerships.
What companies are subsidiaries under Terex Corporation?
Terex Corporation has several subsidiaries that operate in different regions and markets. Some of the subsidiaries under Terex Corporation include Genie Industries, Demag Cranes, Powerscreen International, Terex Trucks, and Terex Finlay.