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Terex has remained a competitive player in the materials handling and industrial equipment sector. They are working towards forming a franchise under the brand name Terex by incorporating all of their previous brand names for many of the products used in conjunction business the brand Terex. Presently, Terex goods are principally marketed under the Terex brand name. A number of 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 had a steady development cycle. In 1995 Terex acquired PPM Cranes, in 1996, then Terex divested Clark Materials Handling. 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, allowed Terex to grow 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 quickly became a leader within the crushing and screening market by buying 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 producer specializing in tractor loader backhoes. Their Light Construction operations continued to expand business with the acquisition of Coleman Engineering. This same year, Terex divested Moffett, Kooi and Princeton.
Terex added to its Roadbuilding division in 2001, operations with the purchases of Bid-well, Load King, CMI, Jaques and Atlas.
Several purchases in 2002 placed Terex amongst the leaders in their respective categories. Terex became an important crane business as Demag fills out the Terex Cranes product offerings. Advance Mixer places Terex in the concrete mixing business. Acquiring German makers Fuchs and Schaeff positioned Terex in a top position in the Compact Equipment class. Genie became a principal maker of Aerial Work Platforms. This busy year was completed operations with the acquisitions of EPAC and Pacific Utility, which offered company-owned circulation for Terex Utilities.
Tatra, a manufacturer of heavy-duty vehicles built for on and off-road industrial 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 supply.
In 2004, Terex acquired Reedrill, a maker of surface drilling technologies for use within the construction, utility and mining markets. Noble CE, which was referred to as Terex Mexico was also purchased this year. They produce high capacity surface mining vehicles and also manufacture several items for other Terex companies.
The classification of an axle is a central shaft meant for revolving a gear or a wheel. Where wheeled motor vehicles are concerned, the axle itself may be fixed to the wheels and turn 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 could be attached to its surroundings and the wheels may in turn rotate all-around the axle. In this instance, a bushing or bearing is located within the hole inside the wheel to allow the gear or wheel to rotate around the axle.
With cars and trucks, the word axle in some references is used casually. The term normally refers to the shaft itself, a transverse pair of wheels or its housing. The shaft itself rotates with the wheel. It is usually bolted in fixed relation to it and known as an 'axle' or an 'axle shaft'. It is also true that the housing surrounding it which is normally referred to as a casting is also known as an 'axle' or sometimes an 'axle housing.' An even broader definition 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 within an independent suspension are generally referred to as 'an axle.'
In a wheeled vehicle, axles are an important part. With a live-axle suspension system, the axles function to be able to transmit driving torque to the wheel. The axles also maintain the position of the wheels relative to one another and to the motor vehicle body. In this system the axles must also be able to bear the weight of the vehicle together with whichever load. In a non-driving axle, like for example the front beam axle in some two-wheel drive light trucks and vans and in heavy-duty trucks, there will 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 have a solid rear beam axle.
There are other kinds of suspension systems where 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 usually seen in the independent suspension found in nearly all new SUV's, on the front of various light trucks and on nearly all brand new cars. These systems still consist of a differential but it does not have connected axle housing tubes. It could be attached to the motor vehicle body or frame or even can be integral in a transaxle.