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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 brand name Terex by incorporating all of their earlier 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 few 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 expansion 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.
Acquiring O&K Mining and Payhauler in 1998, enabled Terex to mature 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 Construction business soon followed in 1999 when Terex acquired Amida, Bartell and Benford. They quickly became a leader within the crushing and screening industry by acquiring Cedarapids, Powerscreen, BL Pegson, Re-Tech, and Finlay. Franna, Kooi and Princeton crane companies were also added to Terex in 1999.
By the year 2000, Terex expanded into the Compact Equipment market, acquiring Fermac who is a manufacturer specializing in tractor loader backhoes. Their Light Construction operations continued to expand operations 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 small number of the acquisitions that took place in 2002 made it easier for 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 maker of Aerial Work Platforms. This busy year was completed business with the acquisitions of EPAC and Pacific Utility, which provided company-owned distribution for Terex Utilities.
A company called Tatra was purchased in 2003. This company produced heavy duty vehicles for armed forces and off-road commercial purposes. Buying Combatel and Commercial Body the same year allowed 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 acquired this year. They manufacture high capacity surface mining trucks and also manufacture many components for other Terex businesses.
Axles are defined by a central shaft that rotates a wheel or a gear. The axle on wheeled vehicles can be fixed to the wheels and turned with them. In this instance, bearings or bushings are provided at the mounting points where the axle is supported. On the other hand, the axle could be connected to its surroundings and the wheels may in turn revolve all-around the axle. In this case, a bushing or bearing is situated within the hole in the wheel in order to enable the wheel or gear to revolve around the axle.
When referring to trucks and cars, some references to the word axle co-occur in casual usage. Normally, the word refers to the shaft itself, a transverse pair of wheels or its housing. The shaft itself turns along with the wheel. It is frequently bolted in fixed relation to it and referred to as an 'axle' or an 'axle shaft'. It is likewise true that the housing around it which is generally known as a casting is likewise called an 'axle' or sometimes an 'axle housing.' An even broader sense of the term 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 called 'an axle.'
The axles are an integral part in a wheeled vehicle. The axle serves to be able to transmit driving torque to the wheel in a live-axle suspension system. The position of the wheels is maintained by the axles relative to one another and to the vehicle body. In this particular system the axles must likewise be able to support the weight of the motor vehicle along with whatever load. In a non-driving axle, like the front beam axle in various two-wheel drive light trucks and vans and in heavy-duty trucks, there would be no shaft. The axle in this condition serves only as a steering component and as suspension. Numerous front wheel drive cars have a solid rear beam axle.
The axle works only to transmit driving torque to the wheels in various types of suspension systems. The angle and position of the wheel hubs is part of the operating of the suspension system seen in the independent suspensions of newer sports utility vehicles and on the front of numerous new light trucks and cars. These systems still have a differential but it does not have attached axle housing tubes. It can be connected to the motor vehicle frame or body or also can be integral in a transaxle.