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Terex has remained a competitive player in the materials handling and industrial equipment sector. They are working towards building a franchise under the brand name Terex by incorporating all of their previous brand names for many of the products used in conjunction operations the brand Terex. Currently, Terex goods are principally marketed under the Terex name. Many of the following historic name brands 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 had a steady growth sequence. In 1995 Terex acquired PPM Cranes, in 1996, then Terex divested Clark Material Handling. In 1997 Terex acquires Telelect and Simon-RO. BPI Handlers in Baraga, Michigan is also acquired this same year.
Terex rapidly grew their mining and Crane operations with the acquisition of O&K mining, TerexLift, Gru Comedil, American Crane and Peiner. A Light Construction business soon followed in 1999 when Terex acquired Amida, Bartell and Benford. They quickly became a leader within the crushing and screening industry by buying Cedarapids, Powerscreen, BL Pegson, Re-Tech, and Finlay. Franna, Kooi and Princeton crane companies were also added to Terex in 1999.
By purchasing Fermac, a specialized manufacturer of tractor loader backhoes, in the year 2000, Terex stretched 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.
Terex added to its Roadbuilding division in 2001, business with the acquisitions of Bid-well, Load King, CMI, Jaques and Atlas.
Several acquisitions in 2002 placed Terex amongst the leaders in their respective categories. Terex became an important crane company as Demag fills out the Terex Cranes product offerings. Advance Mixer places Terex within the concrete mixing 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 distribution for Terex Utilities.
A company called Tatra was acquired in 2003. This company produced heavy duty vehicles for armed forces and off-road industrial functions. Acquiring Combatel and Commercial Body the same year allowed Terex to continue to expand its company-owned Terex Utilities supply.
In the year 2004, Terex purchased a maker of surface drilling equipment used in mining, construction and utility industries, called Reedrill. Also in the same year, Noble CE (formerly known as Terex Mexico) was acquired by Terex. They design high capacity surface mining vehicles and also fabricate many components for other Terex businesses.
Axles are defined by a central shaft that turns a wheel or a gear. The axle on wheeled vehicles can be fixed to the wheels and turned together with them. In this particular case, bearings or bushings are provided at the mounting points where the axle is supported. Conversely, the axle can be fixed to its surroundings and the wheels could in turn rotate all-around the axle. In this case, a bushing or bearing is located inside the hole inside the wheel in order to enable the gear or wheel to revolve all-around the axle.
When referring to trucks and cars, several references to the word axle co-occur in casual usage. Normally, the term means the shaft itself, a transverse pair of wheels or its housing. The shaft itself rotates with the wheel. It is normally bolted in fixed relation to it and referred to as an 'axle shaft' or an 'axle.' It is likewise true that the housing surrounding it which is normally called a casting is likewise referred to as an 'axle' or at times an 'axle housing.' An even broader sense of the word refers to every transverse pair of wheels, whether they are connected to one another or they are not. Therefore, even transverse pairs of wheels inside an independent suspension are frequently called 'an axle.'
The axles are an essential part in a wheeled vehicle. The axle works so as to transmit driving torque to the wheel in a live-axle suspension system. The position of the wheels is maintained by the axles relative to one another and to the vehicle body. In this particular system the axles should also be able to support the weight of the motor vehicle together with any load. In a non-driving axle, like the front beam axle in some two-wheel drive light trucks and vans and in heavy-duty trucks, there will be no shaft. The axle in this situation works just as a steering part and as suspension. Numerous front wheel drive cars consist of a solid rear beam axle.
There are other kinds of suspension systems where 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 seen in nearly all new sports utility vehicles, on the front of numerous light trucks and on most new cars. These systems still have a differential but it does not have connected axle housing tubes. It can be attached to the vehicle body or frame or also could be integral in a transaxle.
