Terex Corporation is an American company, a manufacturer of construction and other industrial equipment. This corporation owns about 50 plants in North and South America , Europe , Asia and Australia .
| Terex Corporation | |
|---|---|
 | |
| Type of | Public company |
| Listing on the exchange | |
| Base | 1925 |
| Former names | Northwest Engineering Company |
| Founders | Gerald Williamson |
| Location |  USA : Westport, CT |
| Key figures | Ronald M. Defeo, President and CEO |
| Industry | Engineering |
| Products | Cranes, excavators, trucks, etc. |
| Turnover | $ 4.42 billion (2010) |
| Net profit | $ 362.5 million (2010) |
| Number of employees | 15.9 thousand (2009) |
| Affiliated companies | |
| Site | www.terex.com |
In August 2015, a merger was announced through the exchange of shares of Terex with the Finnish manufacturer of lifting equipment Konecranes . It was planned that the merger will occur in the first half of 2016 [1] .
Content
History
The company was established in 1925 as a division of General Motors [2] . The first production facilities of the company appeared in 1957 in Hudson, Ohio [3] . Since 1980, Terex has become an independent company [2] .
In the period from 1995 to 1999, the company bought a number of manufacturers of construction equipment from the USA, Europe and Australia. In the 1990s , the holding group included: PPM, American Crane, Peiner, Gru Comedil Srl, Franna, Princeton and Kooi. And in 2002 , after the purchase of German Demag, the company ranked third in the world in the production of tower cranes [3] .
Activity
Terex products include a wide range of machinery and equipment for the road-building, mining, oil-producing, transport, processing industries, as well as utilities. It is sold in more than 170 countries around the world.
The company's revenue for US GAAP for 2010 amounted to $ 4.42 billion, net profit - $ 362.5 million [2] .
See also
- Terex 33-19 Titan
Notes
- ↑ Finnish Konecranes merges with American Terex (inaccessible link) // Good news from Finland. Finnfacts is a worldwide Finnish know-how news channel. (Checked August 15, 2015)
- ↑ 1 2 3 Anastasia Gerasimova, Alexey Nepomnyashchiy. Deripaska Partners . // Vedomosti, 31.05.2011, No. 97 (2863). The appeal date is May 31, 2011.
- ↑ 1 2 Cranes that are building Russia: Some facts about Terex - All Cranes Magazine No. 02/18 for 2008
Links
- Terex : Wikimedia's Topical Media
- TEREX Corporation (eng.)
- TEREX Russia (rus.)