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Remaining a competitive player in the industrial equipment sector, Terex is forming a franchise under the Terex name brand. The business is incorporating their earlier brand names for some of their parts in conjunction operations the Terex trade name for a smooth transition process. 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 consistent evolution sequence. In 1995 Terex acquired PPM Cranes, in 1996, then Terex divested Clark Material Handling. In 1997 Terex acquires Telelect and Simon-RO. BPI Handlers in Baraga, Michigan is also acquired this same year.
Terex rapidly 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 quickly became a leader within the crushing and screening industry by acquiring Cedarapids, Powerscreen, BL Pegson, Re-Tech, and Finlay. Franna, Kooi and Princeton crane suppliers were also added to Terex in 1999.
By the year 2000, Terex expanded into the Compact Equipment industry, acquiring 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.
In 2001, Terex expanded their Roadbuilding division business with the acquisitions of CMI, Bid-Well, Load King, Atlas and Jaques.
Several purchases in 2002 placed Terex amongst the leaders in their respective categories. Terex became a primary crane company as Demag fills out the Terex Cranes product offerings. Advance Mixer places Terex within the concrete mixing business. Buying German makers Fuchs and Schaeff positioned Terex in a top position in the Compact Equipment class. Genie became a principal manufacturer of Aerial Work Platforms. This busy year was completed business with the purchases of EPAC and Pacific Utility, which supplied company-owned circulation for Terex Utilities.
A company called Tatra was purchased in 2003. This company produced heavy duty vehicles for armed forces and off-road commercial functions. 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 producer of surface drilling equipment utilized in mining, construction and utility industries, called Reedrill. Also in the same year, Noble CE (formerly known as Terex Mexico) was purchased by Terex. They produce high capacity surface mining trucks and also produce many parts for other Terex businesses.
Axles are defined by a central shaft which turns a wheel or a gear. The axle on wheeled vehicles may be attached to the wheels and revolved together with them. In this case, bushings or bearings 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 revolve all-around the axle. In this particular case, a bearing or bushing is located within the hole within the wheel to be able to allow the wheel or gear to rotate all-around the axle.
With trucks and cars, the word axle in several references is utilized casually. The term generally means shaft itself, a transverse pair of wheels or its housing. The shaft itself revolves with the wheel. It is normally bolted in fixed relation to it and referred to as an 'axle' or an 'axle shaft'. It is equally true that the housing around it which is normally called a casting is likewise referred to as an 'axle' or sometimes 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 referred to as 'an axle.'
In a wheeled vehicle, axles are an integral part. With a live-axle suspension system, the axles serve to be able to transmit driving torque to the wheel. The axles likewise maintain the position of the wheels relative to one another and to the vehicle body. In this particular system the axles should likewise be able to bear the weight of the vehicle together with whatever cargo. In a non-driving axle, like 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 particular situation works just as a steering component and as suspension. Many front wheel drive cars have a solid rear beam axle.
The axle works just to transmit driving torque to the wheels in some kinds of suspension systems. The position and angle of the wheel hubs is part of the functioning of the suspension system seen in the independent suspensions of new sports utility vehicles and on the front of various brand new light trucks and cars. These systems still consist of a differential but it does not have attached axle housing tubes. It can be fixed to the motor vehicle body or frame or also can be integral in a transaxle.
