Terex Corporation has been listed as the No. 4 best performing company on the 2007 Barron’s 500 survey.
“All of us at Terex are honored to receive this recognition because it reflects the many years of dedicated work by our team members worldwide as well as the confidence shown in us by our customers and our investors,” said Ronald M. DeFeo, chairman and CEO. “While we have grown into one of the world’s preeminent construction, mining and infrastructure equipment manufacturers, we continue to view Terex as a young company with significantly more potential in front of us than past successes behind us.
“We have successfully taken disparate product lines and weaved them into a well-rounded product portfolio. There is, however, more work to be done in this process and, as we have said before, the best is yet to come. We are pleased to be considered one of the top five performers along with Goldman Sachs Group, Franklin Resources, Apple and Paccar.”
The Barron’s 500 survey provides a ranking of U.S. and Canadian Standard and Poor’s 500 Index companies based on the basis of one- and three-year cash-flow returns on investment sales growth and stock price performance. The data is analyzed for Barron’s by the Holt Division of Credit Suisse and the rankings do not reflect the views of Credit Suisse analysts.