Mon September 16, 2002
Terex Corporation Announces New Operating Structure, Names Management Team
Terex Corporation has announced a new operating structure organizing the company into four primary reporting groups: Terex Cranes, Terex Construction, Terex Mining, and Terex Roadbuilding and Utility Products.
Upon the completion of the previously announced acquisition of Genie Industries Inc., Terex will add Terex Aerial Work Platforms as a fifth reporting group....
Wed June 05, 2002
Albany’s Contractor Sales Adds Terex Artic Trucks to Growing Product Line
Contractors Sales Company Inc., of Albany, NY, has announced that it has added the Terex truck lineup for its customers in Albany and in the lower Hudson Valley.
The bulk of the inventory that Contractors Sales purchased in the articulated truck category consists of the TA30 30-ton (27 t) articulated truck, and many of these already are available for rent....
Wed May 22, 2002
Terex Names Tracey Road as Truck Dealer for Central NY
Jerry Tracey, president of Tracey Road Equipment, has announced the company’s designation as a Terex truck dealer for central New York State. In addition, to the Terex line of articulated trucks, Tracey also will be the authorized dealer for Terex scrapers and the rigid-frame trucks, which are predominantly used in mine and quarry operations....
Tue February 26, 2002
Terex Reports Fourth-Quarter Profit
Construction and mining equipment maker Terex Corporation has reported a fourth-quarter profit, compared with a year-earlier loss, and said it expects higher profits in 2002.
The Westport, CT, company earned $1.6 million for the quarter, compared with a loss of $700,000 a year ago....
Tue October 09, 2001
Terex Announces $30 Million Military Order
Terex Corporation announced recently that it received full production approval from the United States Marine Corp for 569 TX5 1-19M material handlers. The TX5 1-19M is Terex’s light capability rough terrain forklift....
Tue July 31, 2001
Terex Names Corporate Officers
Terex Corporation recently announced that Kevin O’Reilly, who is currently Terex’s controller, has been promoted to the position of vice president, investor relations and corporate communications....
Wed March 14, 2001
Terex Makes Equity Investment In FleetEdge B2B Fleet Management System
Terex Corporation announced today that it has agreed to make a $1.2 million equity investment into FleetEdge, a B2B fleet management system focused on providing business intelligence for users of construction equipment....
Wed February 21, 2001
Terex Reports 2000 Net Income of $95.1 Million
Terex Corporation reported full year 2000 net income of $95.1 million, or $3.41 per share, compared to 1999 net income of $172.9 million, or $6.75 per share. Results for 2000 include special items that in the aggregate amounted to a net of $0.59 per share, and results for 1999 include special items that in the aggregate amounted to a net of $2.59 per share....
Wed February 14, 2001
Abel Finds ’Right Stuff’ With Terex
Becoming one of the leaders in the heavy construction industry in Central Pennsylvania and Northern Maryland takes hard work, dedication and reliable equipment. Abel Construction Company Inc., Mountville, PA, has found the ’right stuff’ during its 29 years in operation.
Founded in 1972, Abel Construction began with various small projects in the York County, PA, area....
Mon January 22, 2001
Terex to Invest $3M in Light Equipment and Attachments Marketplace
Terex Corporation announced that it has agreed to make a $3 million equity investment into TaskPoint, a B2B marketplace for light construction equipment, attachments, and related products.
"This investment will allow Terex to develop an e-presence in the light equipment and attachments business," said Ronald M....
