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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 previous brand names for many of the goods used in conjunction business the brand Terex. Currently, Terex goods are principally marketed under the Terex brand name. Several 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 had a steady evolution sequence. 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 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 purchasing Cedarapids, Powerscreen, BL Pegson, Re-Tech, and Finlay. Franna, Kooi and Princeton crane companies were also added to Terex in 1999.
By acquiring Fermac, a specialized manufacturer of tractor loader backhoes, in the year 2000, Terex stretched into the Compact Equipment market. Their Light Construction business continued to expand business with the acquisition of Coleman Engineering. This same year, Terex divested Moffett, Kooi and Princeton.
Terex beefed up its Roadbuilding division in 2001, business with the purchases of Bid-well, Load King, CMI, Jaques and Atlas.
There are single ratio transmissions that work by changing the torque and speed of motor output. There are many various gear transmissions which could shift between ratios as their speed changes. This gear switching could be done by hand or automatically. Reverse and forward, or directional control, can be supplied as well.
The transmission in motor vehicles will usually attach to the engines crankshaft. The output travels through the driveshaft to one or more differentials in effect driving the wheels. A differential's main function is to alter the rotational direction, even if, it could even provide gear reduction as well.
Torque converters, power transformation and hybrid configurations are various alternative instruments utilized for speed and torque adjustment. Traditional gear/belt transmissions are not the only machine existing.
The simplest of transmissions are simply called gearboxes and they provide gear reductions in conjunction with right angle change in the direction of the shaft. From time to time these simple gearboxes are used on PTO machinery or powered agricultural equipment. The axial PTO shaft is at odds with the common need for the powered shaft. This shaft is either horizontal or vertically extending from one side of the implement to another, which depends on the piece of equipment. Silage choppers and snow blowers are examples of more complicated machines which have drives supplying output in many directions.