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Terex has remained a competitive player in the materials handling and industrial 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. Presently, Terex products 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 had a consistent growth 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.
Acquiring O&K Mining and Payhauler in 1998, enabled Terex to grow 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 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 buying Cedarapids, Powerscreen, BL Pegson, Re-Tech, and Finlay. Franna, Kooi and Princeton crane suppliers were also added to Terex in 1999.
By purchasing Fermac, a specialized maker of tractor loader backhoes, in the year 2000, Terex expanded into the Compact Equipment marketplace. 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.
Several purchases in 2002 placed Terex among the leaders in their respective categories. Terex became a leading crane business as Demag fills out the Terex Cranes product offerings. Advance Mixer places Terex within the concrete mixing industry. Acquiring German suppliers Fuchs and Schaeff positioned Terex in a top position in the Compact Equipment category. Genie became a leading producer of Aerial Work Platforms. This busy year was completed operations with the purchases of EPAC and Pacific Utility, which provided company-owned circulation for Terex Utilities.
Tatra, a maker of heavy-duty lift trucks intended for on and off-road industrial and military functions were acquired in 2003. Buying 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 application within the construction, utility and mining markets. Noble CE, which was referred to as Terex Mexico was also acquired this year. They design high capacity surface mining vehicles and also manufacture many parts for other Terex businesses.
The classification of an axle is a central shaft meant for revolving a wheel or a gear. Where wheeled vehicles are concerned, the axle itself may be fixed to the wheels and rotate with them. In this case, 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 could in turn revolve all-around the axle. In this particular instance, a bushing or bearing is positioned inside the hole in the wheel to enable the gear or wheel to rotate around the axle.
With trucks and cars, the word axle in several references is utilized casually. The word usually refers to the shaft itself, a transverse pair of wheels or its housing. The shaft itself turns with the wheel. It is normally bolted in fixed relation to it and referred to as an 'axle shaft' or an 'axle.' It is also true that the housing surrounding it which is generally referred to as a casting is likewise referred to as an 'axle' or occasionally an 'axle housing.' An even broader sense of the word means every transverse pair of wheels, whether they are attached to one another or they are not. Therefore, even transverse pairs of wheels in an independent suspension are generally called 'an axle.'
In a wheeled motor vehicle, axles are an integral part. With a live-axle suspension system, the axles function to transmit driving torque to the wheel. The axles likewise maintain the position of the wheels relative to one another and to the vehicle body. In this system the axles should likewise be able to support the weight of the vehicle plus whichever cargo. In a non-driving axle, like the front beam axle in some two-wheel drive light vans and trucks and in heavy-duty trucks, there would be no shaft. The axle in this particular situation serves just as a steering part and as suspension. Numerous front wheel drive cars have a solid rear beam axle.
There are other kinds of suspension systems wherein the axles serve just to transmit driving torque to the wheels. The angle and position of the wheel hubs is a function of the suspension system. This is often found in the independent suspension found in nearly all brand new sports utility vehicles, on the front of various light trucks and on most brand new 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 likewise can be integral in a transaxle.