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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 previous brand names for many of the goods used in conjunction business the brand Terex. Currently, Terex products are principally marketed under the Terex name. Some 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 swiftly 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 soon became a leader within the crushing and screening industry by acquiring Cedarapids, Powerscreen, BL Pegson, Re-Tech, and Finlay. Franna, Kooi and Princeton crane manufacturers were also added to Terex in 1999.
By buying Fermac, a dedicated manufacturer of tractor loader backhoes, in the year 2000, Terex stretched into the Compact Equipment market. 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 purchases of Bid-well, Load King, CMI, Jaques and Atlas.
There are single ratio transmissions which function by changing the speed and torque of motor output. There are numerous multiple gear transmissions with the ability to shift between ratios as their speed changes. This gear switching could be done by hand or automatically. Reverse and forward, or directional control, may be supplied also.
The transmission in motor vehicles will usually connect to the engines crankshaft. The output travels via the driveshaft to one or more differentials in effect driving the wheels. A differential's main purpose is to adjust the rotational direction, even if, it can also supply gear reduction as well.
Torque converters, power transformation and hybrid configurations are various alternative instruments used for speed and torque change. Traditional gear/belt transmissions are not the only machinery available.
The simplest of transmissions are simply known as gearboxes and they provide gear reductions in conjunction with right angle change in the direction of the shaft. Every now and then these simple gearboxes are utilized on PTO machinery or powered agricultural 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, depending on the piece of machinery. Silage choppers and snow blowers are examples of more complex equipment which have drives providing output in multiple directions.