Terex Corporation (TEX)

Overview

Terex Corporation operates globally, providing innovative solutions and heavy machinery for various industries like construction, infrastructure, recycling, quarrying and mining, material handling, and more. Established in 1933 and headquartered in Norwalk, Connecticut, the company divides its operations into two main segments: Materials Processing (MP) and Aerial Work Platforms (AWP). These segments collectively design, manufacture, service, and market a broad range of equipment worldwide, catering to the diverse needs of its customers. Terex not only prides itself on its extensive product line but also offers financing solutions to support the rental, leasing, and acquisition of its machinery, aiming to address the financial needs of its customers effectively.

Products and Services

• Materials Processing Equipment

  The MP segment features a variety of machinery and equipment designed for processing materials and specialty applications. This includes crushers for size reduction, washing systems for material cleaning, screens and trommels for sorting materials, and conveyors for transporting them. Terex also offers apron feeders, material handlers for efficient handling of raw materials, and a range of cranes including pick and carry, rough terrain, and tower cranes. The brand lineup under this segment includes Terex, Powerscreen, Fuchs, EvoQuip, and many others, serving industries like construction, quarrying, and biomass production.

• Aerial Work Platform Equipment

  In the AWP segment, Terex provides equipment designed for a wide range of lifting and aerial work applications. The product range includes portable material lifts ideal for low-rise tasks, portable aerial work platforms for flexible access, trailer-mounted articulating booms for reaching over obstacles, as well as self-propelled articulating and telescopic booms and scissor lifts for higher and more extensive reach. Operating under the Terex and Genie brands, these products support construction, maintenance, utility, and various commercial projects, enabling safe and efficient work at heights.

• Utility Equipment and Telehandlers

  Part of the Aerial Work Platforms segment, this category focuses on equipment used for specific applications like transmission and distribution line construction and maintenance, foundation drilling, tree trimming, and infrastructure projects. Terex utility equipment and telehandlers are designed to meet the needs of these specialized operations, enhancing productivity and safety.

• Financing Solutions

  Terex Corporation understands the financial intricacies and challenges faced by businesses in acquiring new machinery. To address this, the company offers a range of financing solutions aimed at assisting customers with the rental, leasing, and purchase of Terex equipment. These financial services are designed to make the acquisition process smoother, enabling customers to leverage the benefits of Terex machinery without the immediate financial burden.