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Terex has remained a competitive player in the material handling and industrial 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 goods are principally marketed under the Terex name. A few 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 had a steady development cycle. 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 promptly 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 soon became a leader within the crushing and screening industry by acquiring Cedarapids, Powerscreen, BL Pegson, Re-Tech, and Finlay. Franna, Kooi and Princeton crane companies were also added to Terex in 1999.
By the year 2000, Terex expanded into the Compact Equipment market, buying Fermac who is a producer specializing in tractor loader backhoes. Their Light Construction business 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, operations with the acquisitions of Bid-well, Load King, CMI, Jaques and Atlas.
A few of the acquisitions that took place in 2002 made it easier for Terex to grow into a leader in their respective categories. Advance Mixer helped drive Terex into the concrete mixing market, while Demag helped Terex Cranes become a leader in the crane market. Acquiring German makers Fuchs and Schaeff positioned Terex in a top position in the Compact Equipment category. Genie became a principal producer of Aerial Work Platforms. This busy year was completed business with the acquisitions of EPAC and Pacific Utility, which offered 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 applications. Acquiring Combatel and Commercial Body the same year enabled Terex to continue to expand its company-owned Terex Utilities supply.
In 2004, Terex acquired Reedrill, a manufacturer of surface drilling equipment for application within the construction, utility and mining industries. Noble CE, which was known as Terex Mexico was also acquired this year. They produce high capacity surface mining vehicles and also fabricate many components for other Terex companies.
Axles are defined by a central shaft which rotates a wheel or a gear. The axle on wheeled motor vehicles may be connected to the wheels and turned with them. In this particular situation, bearings or bushings are provided at the mounting points where the axle is supported. Conversely, the axle can be attached to its surroundings and the wheels may in turn revolve all-around the axle. In this case, a bushing or bearing is positioned inside the hole in the wheel in order to enable the wheel or gear to rotate all-around the axle.
Whenever referring to cars and trucks, several 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 rotates along with the wheel. It is frequently bolted in fixed relation to it and referred to as an 'axle' or an 'axle shaft'. It is also true that the housing around it that is usually called a casting is likewise referred to as an 'axle' or at times an 'axle housing.' An even broader definition of the word means every transverse pair of wheels, whether they are connected to one another or they are not. Thus, even transverse pairs of wheels within an independent suspension are generally called 'an axle.'
In a wheeled motor vehicle, axles are an essential part. With a live-axle suspension system, the axles serve so as to transmit driving torque to the wheel. The axles also maintain the position of the wheels relative to one another and to the motor vehicle body. In this particular system the axles must even be able to bear the weight of the vehicle along with whichever cargo. In a non-driving axle, like for example the front beam axle in several two-wheel drive light trucks and vans and in heavy-duty trucks, there will be no shaft. The axle in this situation serves only as a steering part and as suspension. Several front wheel drive cars consist of a solid rear beam axle.
There are other kinds of suspension systems wherein the axles function only to transmit driving torque to the wheels. The position and angle of the wheel hubs is a function of the suspension system. This is often found in the independent suspension found in nearly all brand new SUV's, on the front of various light trucks and on nearly all new cars. These systems still consist of a differential but it does not have fixed axle housing tubes. It can be connected to the motor vehicle frame or body or also can be integral in a transaxle.