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Terex has remained a competitive player in the material handling and industrial equipment sector. They are working towards forming a franchise under the name brand Terex by incorporating all of their earlier brand names for many of the products used in conjunction operations the brand Terex. Presently, Terex goods are principally marketed under the Terex name. Several 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.
Terex promptly 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 purchasing Fermac, a specialized maker of tractor loader backhoes, in the year 2000, Terex stretched into the Compact Equipment marketplace. Their Light Construction operations continued to expand business 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 purchases that took place in 2002 made it easier for Terex to grow into a leader in their respective categories. Advance Mixer helped boost Terex into the concrete mixing market, while Demag helped Terex Cranes become a leader in the crane market. Buying German suppliers Fuchs and Schaeff placed Terex in a top position in the Compact Equipment category. Genie became a principal producer of Aerial Work Platforms. This busy year was completed operations with the acquisitions of EPAC and Pacific Utility, which provided 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 purposes. Buying Combatel and Commercial Body the same year enabled Terex to continue to expand its company-owned Terex Utilities distribution.
In 2004, Terex acquired Reedrill, a manufacturer of surface drilling technologies for use within the construction, utility and mining industries. Noble CE, which was referred to as Terex Mexico was also purchased this year. They manufacture high capacity surface mining vehicles and also produce many parts for other Terex companies.
The description of an axle is a central shaft meant for rotating a wheel or a gear. Where wheeled vehicles are concerned, the axle itself can be fixed to the wheels and rotate with them. In this instance, bearings or bushings are provided at the mounting points where the axle is supported. On the other hand, the axle can be connected to its surroundings and the wheels may in turn revolve all-around the axle. In this situation, a bushing or bearing is positioned inside the hole within the wheel to enable the wheel or gear to revolve all-around the axle.
With trucks and cars, the word axle in some references is used casually. The word generally means shaft itself, a transverse pair of wheels or its housing. The shaft itself rotates together with the wheel. It is normally bolted in fixed relation to it and known as an 'axle shaft' or an 'axle.' It is equally true that the housing around it which is usually referred to as a casting is otherwise known as an 'axle' or occasionally an 'axle housing.' An even broader sense of the word refers to every transverse pair of wheels, whether they are connected to one another or they are not. Hence, even transverse pairs of wheels in an independent suspension are frequently called 'an axle.'
In a wheeled vehicle, axles are an essential component. With a live-axle suspension system, the axles serve to transmit driving torque to the wheel. The axles even maintain the position of the wheels relative to one another and to the vehicle body. In this system the axles must also be able to support the weight of the vehicle along with whatever load. In a non-driving axle, like for example the front beam axle in several two-wheel drive light trucks and vans and in heavy-duty trucks, there will be no shaft. The axle in this condition serves only as a steering component and as suspension. Several front wheel drive cars consist of a solid rear beam axle.
The axle works just to transmit driving torque to the wheels in several types of suspension systems. The angle and position of the wheel hubs is part of the operating of the suspension system found in the independent suspensions of newer sports utility vehicles and on the front of several new cars and light trucks. These systems still have a differential but it does not have attached axle housing tubes. It can be fixed to the vehicle body or frame or likewise can be integral in a transaxle.