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Terex has remained a competitive player in the material handling and industrialized equipment sector. They are working towards building a franchise under the brand name Terex by incorporating all of their preceding brand names for many of the products used in conjunction operations the brand Terex. Presently, Terex products are principally marketed under the Terex brand name. Several of the following historic brand names and transitional names include: ATC, Amida, American Truck Company, American, Advance, Bartell, Benford, Bendini, Bid-Well, CMI, CMI-Cifali, CMI Johnson-Ross, Cedarapids, Canica, Comedil, Demag, ELJay, Franna, Fermac, Finlay, Fuchs, Genie, Hi-Ranger, Jaques, Load King, Morrison, O&K, Peiner, PPM, Powerscreen, Pegson, Reedrill, Schaeff, Simplicity, Standard Havens, Tatra, TerexLift, Telelect and Unit Rig.
Terex has shown steady progress, purchasing PPM Cranes, in 1995 while divesting Clark Material Handling in 1995. In 1997 Terex acquires Telelect and Simon-RO. BPI Handlers in Baraga, Michigan is also acquired this same year.
Acquiring O&K Mining and Payhauler in 1998, allowed Terex to grow their mining business. The same year their crane offering expanded their operations significantly with the acquisitions of Gru Comedil, TerexLift, American Crane and Peiner. A Light Construction business soon followed in 1999 when Terex acquired Amida, Bartell and Benford. They soon became a leader within the crushing and screening market by buying Cedarapids, Powerscreen, BL Pegson, Re-Tech, and Finlay. Franna, Kooi and Princeton crane suppliers were also added to Terex in 1999.
By acquiring Fermac, a dedicated manufacturer of tractor loader backhoes, in the year 2000, Terex expanded into the Compact Equipment marketplace. Their Light Construction operations continued to expand business with the acquisition of Coleman Engineering. This same year, Terex divested Moffett, Kooi and Princeton.
In 2001, Terex expanded their Roadbuilding division operations with the acquisitions of CMI, Bid-Well, Load King, Atlas and Jaques.
A few of the purchases that took place in 2002 helped allow Terex to develop into a leader in their respective categories. Advance Mixer helped propel Terex into the concrete mixing market, while Demag helped Terex Cranes become a leader in the crane industry. Buying German suppliers Fuchs and Schaeff positioned Terex in a top position in the Compact Equipment class. Genie became a primary producer of Aerial Work Platforms. This busy year was completed operations with the purchases of EPAC and Pacific Utility, which provided company-owned circulation for Terex Utilities.
A company called Tatra was acquired in 2003. This company produced heavy duty vehicles for military and off-road industrial purposes. Acquiring Combatel and Commercial Body the same year allowed Terex to continue to expand its company-owned Terex Utilities distribution.
In 2004, Terex acquired Reedrill, a maker of surface drilling technologies for application within the construction, utility and mining industries. Noble CE, which was referred to as Terex Mexico was also acquired this year. They produce high capacity surface mining trucks and also produce several components for other Terex companies.
Axles are defined by a central shaft which revolves a gear or a wheel. The axle on wheeled vehicles may be connected to the wheels and rotated together with them. In this situation, bearings or bushings are provided at the mounting points where the axle is supported. On the other hand, the axle could be connected to its surroundings and the wheels can in turn turn all-around the axle. In this instance, a bushing or bearing is placed within the hole in the wheel in order to allow the gear or wheel to revolve around the axle.
Whenever referring to trucks and cars, some references to the word axle co-occur in casual usage. Generally, the term refers to the shaft itself, a transverse pair of wheels or its housing. The shaft itself turns together with the wheel. It is normally bolted in fixed relation to it and referred to as an 'axle' or an 'axle shaft'. It is also true that the housing surrounding it that is generally known as a casting is likewise called an 'axle' or at times an 'axle housing.' An even broader definition of the term means every transverse pair of wheels, whether they are connected to one another or they are not. Hence, even transverse pairs of wheels in an independent suspension are often referred to as 'an axle.'
In a wheeled vehicle, axles are an essential component. With a live-axle suspension system, the axles function in order to transmit driving torque to the wheel. The axles even maintain the position of the wheels relative to one another and to the vehicle body. In this particular system the axles should likewise be able to bear the weight of the motor vehicle plus any load. In a non-driving axle, like the front beam axle in various two-wheel drive light trucks and vans and in heavy-duty trucks, there will be no shaft. The axle in this particular situation works just as a steering component and as suspension. Various front wheel drive cars consist of a solid rear beam axle.
There are other kinds of suspension systems wherein the axles operate just to transmit driving torque to the wheels. The angle and position of the wheel hubs is a function of the suspension system. This is normally found in the independent suspension found in most new SUV's, on the front of numerous light trucks and on nearly all new cars. These systems still have a differential but it does not have connected axle housing tubes. It could be fixed to the motor vehicle body or frame or even can be integral in a transaxle.
