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Remaining a competitive player in the mechanized equipment sector, Terex is forming a franchise under the Terex name brand. The business is incorporating their previous brand names for some of their components in conjunction operations the Terex brand for a smooth transition process. Currently, Terex goods are principally marketed under the Terex brand name. Some 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 shown steady growth, acquiring 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 quickly became a leader within the crushing and screening market by purchasing 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 manufacturer specializing in tractor loader backhoes. 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, operations with the acquisitions of Bid-well, Load King, CMI, Jaques and Atlas.
Single ratio transmissions exist, and they work by altering the torque and speed of motor output. Many transmissions consist of several gear ratios and can switch between them as their speed changes. This gear switching can be accomplished manually or automatically. Forward and reverse, or directional control, can be provided as well.
In motor vehicles, the transmission is usually attached to the crankshaft of the engine. The transmission output travels through the driveshaft to one or more differentials and this process drives the wheels. A differential's most important function is to be able to alter the rotational direction, though, it can even provide gear reduction too.
Power transmission torque converters as well as different hybrid configurations are other alternative instruments utilized for speed and torque adjustment. Regular gear/belt transmissions are not the only machine obtainable.
Gearboxes are known as the simplest transmissions. They supply gear reduction usually in conjunction with a right angle change in the direction of the shaft. Frequently gearboxes are utilized on powered agricultural machines, also called PTO machines. The axial PTO shaft is at odds with the normal need for the driven shaft. This particular shaft is either vertical, or horizontally extending from one side of the implement to another, that depends on the piece of equipment. Snow blowers and silage choppers are examples of much more complicated machines that have drives providing output in several directions.