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Terex has remained a competitive player in the materials handling and industrialized equipment sector. They are working towards building 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 products are principally marketed under the Terex name. A number of 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 expansion 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 industry by purchasing 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 dedicated manufacturer 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 beefed up its Roadbuilding division in 2001, business with the purchases of Bid-well, Load King, CMI, Jaques and Atlas.
A small number of the acquisitions that took place in 2002 made it easier for 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 suppliers Fuchs and Schaeff placed Terex in a top position in the Compact Equipment category. Genie became a principal manufacturer of Aerial Work Platforms. This busy year was completed business with the purchases of EPAC and Pacific Utility, which provided company-owned circulation for Terex Utilities.
Tatra, a manufacturer of heavy-duty lift trucks intended for on and off-road industrial and military purposes were purchased in 2003. Buying Combatel and Commercial Body the same year allowed Terex to continue to expand its company-owned Terex Utilities distribution.
In the year 2004, Terex purchased a manufacturer of surface drilling equipment utilized in mining, construction and utility markets, called Reedrill. Also in the same year, Noble CE (formerly known as Terex Mexico) was purchased by Terex. They produce high capacity surface mining vehicles and also produce numerous items for other Terex companies.
The definition of an axle is a central shaft utilized for revolving a wheel or a gear. Where wheeled vehicles are concerned, the axle itself may be attached to the wheels and turn together 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 may be connected to its surroundings and the wheels can in turn revolve around the axle. In this particular case, a bushing or bearing is placed within the hole within the wheel to allow the gear or wheel to revolve all-around the axle.
With cars and trucks, the word axle in several references is used casually. The term usually refers to the shaft itself, a transverse pair of wheels or its housing. The shaft itself revolves along with the wheel. It is frequently bolted in fixed relation to it and called an 'axle shaft' or an 'axle.' It is likewise true that the housing surrounding it that is usually referred to as a casting is otherwise known as an 'axle' or sometimes an 'axle housing.' An even broader definition of the term means every transverse pair of wheels, whether they are attached to one another or they are not. Thus, even transverse pairs of wheels inside an independent suspension are generally called 'an axle.'
In a wheeled motor vehicle, axles are an essential part. With a live-axle suspension system, the axles serve in order to transmit driving torque to the wheel. The axles likewise maintain the position of the wheels relative to one another and to the motor vehicle body. In this system the axles must also be able to support the weight of the vehicle along with any load. In a non-driving axle, like for example 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 condition serves only as a steering part and as suspension. Several front wheel drive cars consist of a solid rear beam axle.
There are various kinds of suspension systems where the axles operate only to transmit driving torque to the wheels. The angle and position of the wheel hubs is a function of the suspension system. This is usually seen in the independent suspension seen in nearly all new SUV's, on the front of various light trucks and on nearly all brand new cars. These systems still have a differential but it does not have attached axle housing tubes. It could be connected to the vehicle body or frame or likewise can be integral in a transaxle.