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Terex has remained a competitive player in the material 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 operations the brand Terex. Currently, Terex goods are principally marketed under the Terex name. Several 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 development, purchasing 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.
Buying O&K Mining and Payhauler in 1998, enabled Terex to nurture their mining operations. The same year their crane offering expanded their operations significantly with the acquisitions of Gru Comedil, TerexLift, 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 purchasing Cedarapids, Powerscreen, BL Pegson, Re-Tech, and Finlay. Franna, Kooi and Princeton crane companies were also added to Terex in 1999.
By acquiring Fermac, a specialized manufacturer of tractor loader backhoes, in the year 2000, Terex stretched into the Compact Equipment market. Their Light Construction operations continued to expand operations with the acquisition of Coleman Engineering. This same year, Terex divested Moffett, Kooi and Princeton.
Terex beefed up its Roadbuilding division in 2001, business with the purchases 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 comprise multiple gear ratios and could switch between them as their speed changes. This gear switching can be accomplished by hand or automatically. Forward and reverse, or directional control, can be supplied also.
In motor vehicles, the transmission is usually attached to the crankshaft of the engine. The transmission output travels via the driveshaft to one or more differentials and this process drives the wheels. A differential's main purpose is to be able to adjust the rotational direction, even though, it could even supply gear reduction as well.
Power transmission torque converters and other hybrid configurations are other alternative instruments utilized for speed and torque adjustment. Standard gear/belt transmissions are not the only device accessible.
Gearboxes are known as the simplest transmissions. They provide gear reduction normally in conjunction with a right angle change in the direction of the shaft. Often gearboxes are used on powered agricultural machines, otherwise known as PTO machinery. The axial PTO shaft is at odds with the usual need for the driven shaft. This particular shaft is either vertical, or horizontally extending from one side of the implement to another, which depends on the piece of machine. Silage choppers and snow blowers are examples of much more complex machines which have drives providing output in many directions.