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Remaining a competitive player in the mechanized equipment sector, Terex is building a franchise under the Terex brand name. The business is incorporating their previous brand names for many of their components in conjunction operations the Terex brand name for a smooth transition process. Presently, Terex goods are principally marketed under the Terex brand name. A few 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 growth, 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.
Buying O&K Mining and Payhauler in 1998, allowed Terex to nurture their mining business. The same year their crane offering expanded their operations greatly 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 market by buying Cedarapids, Powerscreen, BL Pegson, Re-Tech, and Finlay. Franna, Kooi and Princeton crane companies were also added to Terex in 1999.
By the year 2000, Terex expanded into the Compact Equipment market, buying Fermac who is a producer specializing in tractor loader backhoes. Their Light Construction business continued to expand operations 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 made it easier for Terex to grow into a leader in their respective categories. Advance Mixer helped propel Terex into the concrete mixing industry, while Demag helped Terex Cranes become a leader in the crane market. Acquiring German suppliers Fuchs and Schaeff placed Terex in a top position in the Compact Equipment category. Genie became a primary producer of Aerial Work Platforms. This busy year was completed business with the acquisitions of EPAC and Pacific Utility, which provided company-owned circulation for Terex Utilities.
Tatra, a manufacturer of heavy-duty forklifts intended for on and off-road industrial and military purposes were acquired in 2003. 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 produce several components for other Terex businesses.
The description of an axle is a central shaft used for turning a gear or a wheel. Where wheeled vehicles are concerned, the axle itself could be attached to the wheels and turn with them. In this particular situation, bearings or bushings are provided at the mounting points where the axle is supported. On the other hand, the axle could be attached to its surroundings and the wheels could in turn turn all-around the axle. In this case, a bearing or bushing is situated within the hole inside the wheel to be able to allow the wheel or gear to rotate all-around the axle.
Whenever referring to trucks and cars, some references to the word axle co-occur in casual usage. Normally, the word means the shaft itself, a transverse pair of wheels or its housing. The shaft itself turns along with the wheel. It is normally bolted in fixed relation to it and referred to as an 'axle' or an 'axle shaft'. It is likewise true that the housing around it which is generally referred to as a casting is otherwise known as an 'axle' or sometimes an 'axle housing.' An even broader sense of the word refers to every transverse pair of wheels, whether they are attached to one another or they are not. Thus, even transverse pairs of wheels in an independent suspension are frequently known as 'an axle.'
In a wheeled vehicle, axles are an important part. With a live-axle suspension system, the axles function to be able to transmit driving torque to the wheel. The axles also maintain the position of the wheels relative to one another and to the vehicle body. In this system the axles must even be able to support the weight of the motor vehicle plus whatever load. In a non-driving axle, as in the front beam axle in some two-wheel drive light vans and trucks and in heavy-duty trucks, there will be no shaft. The axle in this situation works only 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 operate 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 normally found in the independent suspension found in nearly all new sports utility vehicles, on the front of several light trucks and on the majority of brand new cars. These systems still have a differential but it does not have connected axle housing tubes. It can be attached to the motor vehicle body or frame or even can be integral in a transaxle.
