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Terex News, Videos, and Information


Albany’s Contractor Sales Adds Terex Artic Trucks to Growing Product Line

Contractors Sales Company Inc., of Albany, NY, has announced that it has added the Terex truck lineup for its customers in Albany and in the lower Hudson Valley. The bulk of the inventory that Contractors Sales purchased in the articulated truck category consists of the TA30 30-ton (27 t) articulated truck, and many of these already are available for rent....


Terex Names Tracey Road as Truck Dealer for Central NY

Jerry Tracey, president of Tracey Road Equipment, has announced the company’s designation as a Terex truck dealer for central New York State. In addition, to the Terex line of articulated trucks, Tracey also will be the authorized dealer for Terex scrapers and the rigid-frame trucks, which are predominantly used in mine and quarry operations....


Terex Reports Fourth-Quarter Profit

Construction and mining equipment maker Terex Corporation has reported a fourth-quarter profit, compared with a year-earlier loss, and said it expects higher profits in 2002. The Westport, CT, company earned $1.6 million for the quarter, compared with a loss of $700,000 a year ago....


Terex Announces $30 Million Military Order

Terex Corporation announced recently that it received full production approval from the United States Marine Corp for 569 TX5 1-19M material handlers. The TX5 1-19M is Terex’s light capability rough terrain forklift....


Terex Names Corporate Officers

Terex Corporation recently announced that Kevin O’Reilly, who is currently Terex’s controller, has been promoted to the position of vice president, investor relations and corporate communications....


Terex Makes Equity Investment In FleetEdge B2B Fleet Management System

Terex Corporation announced today that it has agreed to make a $1.2 million equity investment into FleetEdge, a B2B fleet management system focused on providing business intelligence for users of construction equipment....


Terex Reports 2000 Net Income of $95.1 Million

Terex Corporation reported full year 2000 net income of $95.1 million, or $3.41 per share, compared to 1999 net income of $172.9 million, or $6.75 per share. Results for 2000 include special items that in the aggregate amounted to a net of $0.59 per share, and results for 1999 include special items that in the aggregate amounted to a net of $2.59 per share....


Abel Finds ’Right Stuff’ With Terex

Becoming one of the leaders in the heavy construction industry in Central Pennsylvania and Northern Maryland takes hard work, dedication and reliable equipment. Abel Construction Company Inc., Mountville, PA, has found the ’right stuff’ during its 29 years in operation. Founded in 1972, Abel Construction began with various small projects in the York County, PA, area....


Terex to Invest $3M in Light Equipment and Attachments Marketplace

Terex Corporation announced that it has agreed to make a $3 million equity investment into TaskPoint, a B2B marketplace for light construction equipment, attachments, and related products. "This investment will allow Terex to develop an e-presence in the light equipment and attachments business," said Ronald M....


Terex Trucks Travel Worldwide to Serve as Coal Mine Workhorses

Rigid dump trucks built in Scotland have for the past seven years played a role in keeping pace with international demand for some of the world’s lowest sulphur coal, from the Pasir coal mine in Kalimantan, Indonesia, where annual output in 2001 is set to reach 10 million tons (9 million t)....






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