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Terex has remained a competitive player in the material handling and industrial equipment sector. They are working towards forming a franchise under the name brand Terex by incorporating all of their earlier brand names for many of the goods used in conjunction operations the brand Terex. Currently, Terex goods are principally marketed under the Terex name. A few of the following historic name brands 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 progress, buying 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 rapidly grew their mining and Crane business 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 market by acquiring Cedarapids, Powerscreen, BL Pegson, Re-Tech, and Finlay. Franna, Kooi and Princeton crane suppliers were also added to Terex in 1999.
By acquiring Fermac, a specialized producer of tractor loader backhoes, in the year 2000, Terex expanded into the Compact Equipment industry. Their Light Construction operations 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, business with the acquisitions of Bid-well, Load King, CMI, Jaques and Atlas.
A couple of of the acquisitions that took place in 2002 helped allow Terex to develop 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 market. Acquiring German makers Fuchs and Schaeff placed Terex in a top position in the Compact Equipment category. Genie became a leading maker of Aerial Work Platforms. This busy year was completed operations with the acquisitions of EPAC and Pacific Utility, which offered company-owned circulation for Terex Utilities.
Tatra, a manufacturer of heavy-duty vehicles built for on and off-road industrial and military applications were acquired in 2003. Acquiring Combatel and Commercial Body the same year allowed Terex to continue to expand its company-owned Terex Utilities distribution.
In 2004, Terex acquired Reedrill, a producer of surface drilling technologies for application within the construction, utility and mining industries. Noble CE, which was referred to as Terex Mexico was also purchased this year. They produce high capacity surface mining trucks and also fabricate many parts for other Terex companies.
Axles are defined by a central shaft which revolves a wheel or a gear. The axle on wheeled motor vehicles could be fixed to the wheels and rotated along with them. In this instance, bushings or bearings are provided at the mounting points where the axle is supported. Conversely, the axle could be attached to its surroundings and the wheels could in turn turn around the axle. In this particular situation, a bearing or bushing is placed within the hole inside the wheel to be able to enable the gear or wheel to turn around the axle.
Whenever referring to trucks and cars, several references to the word axle co-occur in casual usage. Normally, the word refers to the shaft itself, a transverse pair of wheels or its housing. The shaft itself turns along with the wheel. It is frequently bolted in fixed relation to it and called an 'axle shaft' or an 'axle.' It is also true that the housing around it that is normally referred to as a casting is otherwise referred to as an 'axle' or at times an 'axle housing.' An even broader sense of the term refers to every transverse pair of wheels, whether they are connected to one another or they are not. Hence, even transverse pairs of wheels in an independent suspension are often called 'an axle.'
The axles are an essential component in a wheeled motor vehicle. The axle serves so as 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 system the axles must even be able to support the weight of the vehicle together with any load. In a non-driving axle, like the front beam axle in several two-wheel drive light vans and trucks and in heavy-duty trucks, there would be no shaft. The axle in this particular condition works just as a steering component and as suspension. Numerous front wheel drive cars have a solid rear beam axle.
There are other types of suspension systems wherein the axles serve just 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 seen in the independent suspension seen in nearly all brand new SUV's, on the front of many light trucks and on the majority of brand new cars. These systems still have a differential but it does not have fixed axle housing tubes. It could be attached to the motor vehicle body or frame or even can be integral in a transaxle.