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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 preceding brand names for many of the products used in conjunction business the brand Terex. Currently, Terex products are principally marketed under the Terex brand 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 constant 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 swiftly grew their mining and Crane business 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 market 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.
A small number of the acquisitions that took place in 2002 helped allow Terex to develop into a leader in their respective categories. Advance Mixer helped drive Terex into the concrete mixing market, while Demag helped Terex Cranes become a leader in the crane market. Buying German manufacturers Fuchs and Schaeff placed Terex in a top position in the Compact Equipment category. Genie became a principal maker of Aerial Work Platforms. This busy year was completed operations with the purchases of EPAC and Pacific Utility, which supplied company-owned distribution for Terex Utilities.
Tatra, a maker of heavy-duty lift trucks designed for on and off-road commercial and military functions were acquired in 2003. Acquiring 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 maker of surface drilling technologies for use within the construction, utility and mining industries. Noble CE, which was known as Terex Mexico was also acquired this year. They manufacture high capacity surface mining trucks and also manufacture many items for other Terex businesses.
The description of an axle is a central shaft for revolving a gear or a wheel. Where wheeled vehicles are concerned, the axle itself could be fixed to the wheels and revolve together with them. In this 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 turn all-around the axle. In this instance, a bearing or bushing is placed within the hole in the wheel to allow the wheel or gear to revolve all-around the axle.
With cars and trucks, the term axle in some references is used casually. The term normally means shaft itself, a transverse pair of wheels or its housing. The shaft itself rotates together with the wheel. It is usually bolted in fixed relation to it and known as an 'axle shaft' or an 'axle.' It is likewise true that the housing surrounding it which is normally known as a casting is likewise 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. Hence, even transverse pairs of wheels in an independent suspension are often called 'an axle.'
The axles are an integral part in a wheeled vehicle. The axle works to transmit driving torque to the wheel in a live-axle suspension system. The position of the wheels is maintained by the axles relative to one another and to the vehicle body. In this particular system the axles should even be able to support the weight of the vehicle plus any 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 particular condition serves only as a steering component and as suspension. A lot of front wheel drive cars have a solid rear beam axle.
The axle serves just to transmit driving torque to the wheels in several kinds 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 SUVs and on the front of several new light trucks and cars. These systems still consist of a differential but it does not have fixed axle housing tubes. It can be fixed to the vehicle body or frame or also can be integral in a transaxle.