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Terex has remained a competitive player in the materials handling and industrialized equipment sector. They are working towards forming 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 brand name. Many 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 evolution, 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.
Buying O&K Mining and Payhauler in 1998, allowed Terex to mature their mining business. The same year their crane offering expanded their operations significantly with the acquisitions of Gru Comedil, TerexLift, 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 purchasing Cedarapids, Powerscreen, BL Pegson, Re-Tech, and Finlay. Franna, Kooi and Princeton crane suppliers were also added to Terex in 1999.
By the year 2000, Terex extended into the Compact Equipment industry, buying Fermac who is a maker 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.
In 2001, Terex expanded their Roadbuilding division operations with the acquisitions of CMI, Bid-Well, Load King, Atlas and Jaques.
A few of the acquisitions that took place in 2002 helped allow Terex to grow into a leader in their respective categories. Advance Mixer helped drive Terex into the concrete mixing industry, while Demag helped Terex Cranes become a leader in the crane industry. Acquiring German manufacturers Fuchs and Schaeff placed Terex in a top position in the Compact Equipment class. Genie became a primary producer of Aerial Work Platforms. This busy year was completed business with the acquisitions of EPAC and Pacific Utility, which supplied company-owned distribution for Terex Utilities.
A company called Tatra was purchased in 2003. This company created heavy duty vehicles for military and off-road commercial purposes. Buying Combatel and Commercial Body the same year enabled Terex to continue to expand its company-owned Terex Utilities distribution.
In 2004, Terex acquired Reedrill, a maker of surface drilling equipment for use within the construction, utility and mining markets. Noble CE, which was referred to as Terex Mexico was also acquired this year. They produce high capacity surface mining vehicles and also fabricate numerous parts for other Terex businesses.
The definition of an axle is a central shaft intended for revolving a wheel or a gear. Where wheeled motor vehicles are concerned, the axle itself may be attached to the wheels and revolve along with them. In this case, bearings or bushings are provided at the mounting points where the axle is supported. Conversely, the axle could be connected to its surroundings and the wheels may in turn rotate all-around the axle. In this case, a bushing or bearing is placed within the hole in the wheel in order to enable the gear or wheel to revolve all-around the axle.
If referring to cars and trucks, some references to the word axle co-occur in casual usage. Normally, the term refers to the shaft itself, a transverse pair of wheels or its housing. The shaft itself rotates with the wheel. It is usually bolted in fixed relation to it and called an 'axle shaft' or an 'axle.' It is equally true that the housing surrounding it which is normally referred to as a casting is otherwise referred to as an 'axle' or occasionally an 'axle housing.' An even broader sense of the term refers to every transverse pair of wheels, whether they are attached to one another or they are not. Therefore, even transverse pairs of wheels within an independent suspension are often referred to as 'an axle.'
The axles are an important component in a wheeled vehicle. The axle works to transmit driving torque to the wheel in a live-axle suspension system. The position of the wheels is maintained by the axles relative to one another and to the vehicle body. In this particular system the axles must also be able to support the weight of the motor vehicle along with any cargo. In a non-driving axle, like 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 works just as a steering part and as suspension. Numerous front wheel drive cars consist of a solid rear beam axle.
There are various types of suspension systems wherein the axles serve just to transmit driving torque to the wheels. The angle and position of the wheel hubs is a function of the suspension system. This is normally found in the independent suspension seen in the majority of new SUV's, on the front of several light trucks and on the majority of new cars. These systems still consist of a differential but it does not have attached axle housing tubes. It could be connected to the vehicle body or frame or likewise could be integral in a transaxle.
