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Terex has remained a competitive player in the materials 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 business the brand Terex. Presently, Terex goods are principally marketed under the Terex brand 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 shown steady growth, 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.
Terex quickly grew their mining and Crane operations with the acquisition of O&K mining, TerexLift, Gru Comedil, American Crane and Peiner. A Light Building business soon followed in 1999 when Terex acquired Amida, Bartell and Benford. They quickly became a leader within the crushing and screening market by acquiring Cedarapids, Powerscreen, BL Pegson, Re-Tech, and Finlay. Franna, Kooi and Princeton crane manufacturers were also added to Terex in 1999.
By the year 2000, Terex expanded into the Compact Equipment market, acquiring Fermac who is a manufacturer specializing in tractor loader backhoes. 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 business with the acquisitions of CMI, Bid-Well, Load King, Atlas and Jaques.
Several acquisitions in 2002 placed Terex amongst the leaders in their respective categories. Terex became a leading crane company as Demag fills out the Terex Cranes product offerings. Advance Mixer places Terex within the concrete mixing business. Buying German suppliers Fuchs and Schaeff placed Terex in a top position in the Compact Equipment class. Genie became a principal producer of Aerial Work Platforms. This busy year was completed operations with the acquisitions of EPAC and Pacific Utility, which provided company-owned circulation for Terex Utilities.
Tatra, a manufacturer of heavy-duty forklifts intended for on and off-road industrial and military applications were purchased in 2003. Buying Combatel and Commercial Body the same year allowed Terex to continue to expand its company-owned Terex Utilities distribution.
In the year 2004, Terex purchased a maker of surface drilling equipment utilized 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 produce many items for other Terex companies.
Axles are defined by a central shaft which revolves a gear or a wheel. The axle on wheeled motor vehicles can be attached to the wheels and rotated together with them. In this particular instance, bearings or bushings are provided at the mounting points where the axle is supported. On the other hand, the axle could be fixed to its surroundings and the wheels can in turn revolve all-around the axle. In this case, a bearing or bushing is positioned in the hole in the wheel so as to enable the wheel or gear to revolve around the axle.
Whenever referring to trucks and cars, some references to the word axle co-occur in casual usage. Usually, the term means the shaft itself, a transverse pair of wheels or its housing. The shaft itself rotates together with the wheel. It is frequently bolted in fixed relation to it and known as an 'axle shaft' or an 'axle.' It is equally true that the housing around it that is usually referred to as a casting is also referred to as an 'axle' or sometimes an 'axle housing.' An even broader sense 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 inside an independent suspension are often referred to as 'an axle.'
In a wheeled motor vehicle, axles are an integral part. With a live-axle suspension system, the axles work to be able 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 also be able to support the weight of the vehicle along with any cargo. In a non-driving axle, as in 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 condition serves just as a steering part and as suspension. Numerous front wheel drive cars consist of a solid rear beam axle.
There are different types of suspension systems wherein the axles operate 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 normally found in the independent suspension found in most new SUV's, on the front of various light trucks and on nearly all brand new cars. These systems still consist of a differential but it does not have connected axle housing tubes. It could be connected to the motor vehicle body or frame or likewise can be integral in a transaxle.