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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 name brand Terex by incorporating all of their previous brand names for many of the products used in conjunction operations the brand Terex. Currently, Terex products are principally marketed under the Terex name. A number of 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 had a steady growth cycle. In 1995 Terex acquired PPM Cranes, in 1996, then Terex divested Clark Materials Handling. 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 purchasing Cedarapids, Powerscreen, BL Pegson, Re-Tech, and Finlay. Franna, Kooi and Princeton crane manufacturers were also added to Terex in 1999.
By buying Fermac, a specialized producer of tractor loader backhoes, in the year 2000, Terex stretched into the Compact Equipment marketplace. Their Light Construction business continued to expand operations 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.
Several acquisitions in 2002 placed Terex along with the leaders in their respective categories. Terex became a primary crane business as Demag fills out the Terex Cranes product offerings. Advance Mixer places Terex in the concrete mixing business. Buying German manufacturers Fuchs and Schaeff placed Terex in a top position in the Compact Equipment class. Genie became a leading manufacturer 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.
A company called Tatra was acquired in 2003. This company created heavy duty vehicles for military and off-road industrial functions. Acquiring Combatel and Commercial Body the same year allowed Terex to continue to expand its company-owned Terex Utilities supply.
In the year 2004, Terex purchased a producer of surface drilling equipment used in mining, construction and utility markets, called Reedrill. Also in the same year, Noble CE (formerly referred to as Terex Mexico) was acquired by Terex. They manufacture high capacity surface mining vehicles and also fabricate numerous components for other Terex businesses.
The definition of an axle is a central shaft utilized for turning a gear or a wheel. Where wheeled vehicles are concerned, the axle itself could be fixed to the wheels and revolve along with them. In this instance, bearings or bushings are provided at the mounting points where the axle is supported. Conversely, the axle may be connected to its surroundings and the wheels can in turn revolve around the axle. In this particular case, a bearing or bushing is situated inside the hole within the wheel to enable the wheel or gear to turn around the axle.
Whenever referring to cars and trucks, some 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 rotates along with the wheel. It is normally bolted in fixed relation to it and called an 'axle shaft' or an 'axle.' It is likewise true that the housing surrounding it which is normally referred to as a casting is likewise called an 'axle' or occasionally an 'axle housing.' An even broader definition of the term refers to every transverse pair of wheels, whether they are attached to one another or they are not. Thus, even transverse pairs of wheels within an independent suspension are generally 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 motor vehicle body. In this particular system the axles must even be able to support the weight of the motor vehicle together with any load. In a non-driving axle, like the front beam axle in some two-wheel drive light trucks and vans and in heavy-duty trucks, there will be no shaft. The axle in this situation serves only as a steering component and as suspension. Many front wheel drive cars consist of a solid rear beam axle.
There are different kinds of suspension systems where the axles serve 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 often seen in the independent suspension found in the majority of brand new sports utility vehicles, on the front of several light trucks and on nearly all new cars. These systems still have a differential but it does not have fixed axle housing tubes. It could be connected to the vehicle frame or body or also can be integral in a transaxle.
