Terex – Company History and Machinery
Welcome to today’s blog, where we delve into yet another of part of the fascinating world of industrial giants and their impactful history. In this article, we set our sights on the remarkable journey of the Terex Corporation. Terex name is renowned n the realm of heavy machinery and equipment manufacturing.
From its humble beginnings to its position as a global industry leader, Terex has left an indelible mark on the construction, mining, and infrastructure sectors. Join us as we uncover the compelling story behind this dynamic corporation and explore the pivotal milestones that have shaped its trajectory.
History of Terex:
Terex is one of the most thoughtfully named automobile companies working to produce aerial work platforms and telehandlers. “Terra” means earth and “Rex” stands for king in Latin. Thus, the Terex equipment can be considered the earth kings. It has extended its production to materials processing machinery, utility industry equipment, rough terrain, and tower cranes. It mainly designs, manufactures, and markets the equipment used in manufacturing, maintenance, construction, minerals and materials management applications, and energy.
The beginning of Terex Corporation dates to 1933 when George A. Armington founded Euclid company to build hauling trucks. The owner of General Motors coined the term Terex in 1970 and the company was listed on the New Year’s Stock Exchange for the first time in 1991.
1930s to 1960s:
After George A. Armington founded Euclid company, it remained the gold standard in dump truck manufacturing for many years. He also established the Armington electric hoist company in 1907 and invented his first scraper in 1924. Euclid launched the first off-road hauler in 1934. Euclid rapidly grew in the 1940s and became a major supplier the World War Two vehicles and played a significant role in war efforts. General Motors purchased the company in 1953 and expanded the business in half of the United States.
Throughout the 1960s, General Motors continued to develop, market, and sell construction equipment and drugs that didn’t come under Euclid antitrust ruling.
The 1970s to 2000:
General Motors formed the Terex division to produce crawlers, scrapers, and front-end loaders. It created some of the industry’s largest heavy construction equipment. General Motors then sold Terex to IBH holdings in Germany which got bankrupt in 1983 and Terex went back to General Motors. Northwest engineering company then took the corporation from General Motors. The name changed to Terex corporation, and it induced a lot of diversity in the following years. Ron Defeo is mainly called the Terex president. Under his supervision, Terex acquired Simon Telelect as a division of Terex utilities business. In 1999, it acquired further businesses that included Powerscreen, Finlay, simplicity engineering, Cedar Rapids, and so on.
Terex progressed in India in the 2000s and acquired more companies that included Canica, Jacques, Genie industries, and Fuchs. In the immediately following years, the company joined financial services and utilities divisions along with all other companies, and became leaders in manufacturing reliable material processing products.
After 2010, Terex started producing cranes that involved many current technological features. It extended its values to a “zero harm safety culture” along with integrity, improvement, courage, respect, citizenship, and servant leadership.
Worldwide Growth and Expansion
The company has launched Evoquips in recent years along with many other crane units. It also expanded its manufacturing facilities throughout the world along with the introduction of telematics to offer great value to its customers.
They adopted great preventive measures during the COVID time for their workers and build plans. As a result, they offer a modern work environment and efficient, and safe missionaries for the workers. It recently acquired MDS International, a manufacturer of recycling and heavy-duty trommels, conveyor systems, and apron feeders.
Terex Machine Types and Top Models:
Terex has produced hundreds of pieces of equipment and various models in all these years that come with regular Terex parts catalog and manual. Some of the top models include the following.
Genie Mobile Elevated Work Platforms:
Genie products by Terex Corporation are highly reliable with global standard quality and safety in aerial lift equipment. Any contractor looking forward to finding a safe way of working at heights can definitely rely on Genie mobile elevated work platforms. It comes with various options for telehandler attachments and the top models. This includes telescopic booms, articulated booms, boom and seizure accessories. Also, slab scissor lifts, rough terrain scissor lifts, aerial work platforms, vertical mast lifts, material lifts, telehandlers, and trailer-mounted booms.
Franna Pick and Carry Cranes:
Franna offers a wide variety of general area-oriented pick and carry cranes. The cranes by Franna generally offer lifting capacities ranging from 15 tons to 40 tons. The top Franna models include AT 15-3 which is a compact pick-and-carry crane weightlifting capacity of 15 tons and a maximum main boom length of 17.9 meters. AT 22 is mid-sized and carries up to 22 tons. MAC 25-4 and AT 40 are the new additions with huge lifting capacities.
Terex Rough Terrain Cranes:
Terex rough terrain cranes come in different models, each exclusively built for different workspaces such as infrastructure, mining, board, yard logistics, energy-related, and general lifting.
The Terex rough terrain cranes have adequate ground clearance that allows the right maneuverability and traction on all ground types. It is simple to operate and even the lesser experienced operators can easily operate it. These cranes are cost-efficient and versatile, offering solutions to multiple industry needs and requirements. The top models include TRT 35, TRT 90, TRT 80, RT 1045 L, RT 1080, and RT 1045.
A Giant Among Giants
As we conclude our exploration of the Terex Corporation’s rich history, we stand in awe of the company’s enduring legacy. From its founding days to its present-day prowess, Terex has continuously pushed boundaries. By adapting to changing landscapes, it has changed business and empowered industries worldwide. Through innovative solutions and unwavering commitment, Terex has earned its place as a trusted partner in the construction and mining sectors. As we look ahead, we can anticipate Terex’s continued contributions to the advancement of heavy machinery, driving progress and shaping the future of global infrastructure.