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Terex has remained a competitive player in the material handling and industrialized equipment sector. They are working towards forming a franchise under the brand name Terex by incorporating all of their preceding brand names for many of the goods used in conjunction operations the brand Terex. Currently, Terex products are principally marketed under the Terex name. Many 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 evolution, 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.
Acquiring O&K Mining and Payhauler in 1998, enabled Terex to cultivate their mining operations. The same year their crane offering expanded their operations greatly with the acquisitions of Gru Comedil, TerexLift, 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 manufacturers were also added to Terex in 1999.
By the year 2000, Terex extended into the Compact Equipment market, buying Fermac who is a manufacturer specializing in tractor loader backhoes. Their Light Construction business continued to expand business 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 couple of of the purchases that took place in 2002 helped allow Terex to grow into a leader in their respective categories. Advance Mixer helped propel Terex into the concrete mixing market, while Demag helped Terex Cranes become a leader in the crane market. Buying German makers 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 business with the purchases of EPAC and Pacific Utility, which offered company-owned distribution for Terex Utilities.
Tatra, a manufacturer of heavy-duty vehicles designed for on and off-road industrial and military applications 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 producer of surface drilling technologies for application within the construction, utility and mining industries. Noble CE, which was known as Terex Mexico was also purchased this year. They manufacture high capacity surface mining vehicles and also fabricate several components for other Terex businesses.
The classification of an axle is a central shaft for turning a gear or a wheel. Where wheeled motor vehicles are concerned, the axle itself may be attached to the wheels and rotate along with them. In this particular instance, bushings or bearings are provided at the mounting points where the axle is supported. On the other hand, the axle may be fixed to its surroundings and the wheels may in turn turn around the axle. In this situation, a bearing or bushing is placed within the hole inside the wheel to be able to enable the wheel or gear to turn around the axle.
Whenever referring to trucks and cars, several references to the word axle co-occur in casual usage. Usually, the word refers to the shaft itself, a transverse pair of wheels or its housing. The shaft itself revolves together with the wheel. It is frequently bolted in fixed relation to it and known as an 'axle' or an 'axle shaft'. It is also true that the housing around it which is generally referred to as a casting is likewise referred to as an 'axle' or at times an 'axle housing.' An even broader sense of the word means every transverse pair of wheels, whether they are connected to one another or they are not. Therefore, even transverse pairs of wheels within an independent suspension are often referred to as 'an axle.'
In a wheeled motor vehicle, axles are an essential component. With a live-axle suspension system, the axles function so as to transmit driving torque to the wheel. The axles likewise maintain the position of the wheels relative to one another and to the motor vehicle body. In this system the axles must likewise be able to bear the weight of the motor vehicle together with whichever load. In a non-driving axle, like the front beam axle in several two-wheel drive light trucks and vans and in heavy-duty trucks, there would be no shaft. The axle in this particular condition serves just as a steering component and as suspension. A lot of front wheel drive cars consist of a solid rear beam axle.
There are various kinds of suspension systems wherein the axles function only to transmit driving torque to the wheels. The angle and position of the wheel hubs is a function of the suspension system. This is usually seen in the independent suspension found in the majority of new sports utility vehicles, on the front of various light trucks and on nearly all brand new cars. These systems still have a differential but it does not have connected axle housing tubes. It can be fixed to the motor vehicle frame or body or likewise could be integral in a transaxle.