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Terex has remained a competitive player in the materials handling and industrialized equipment sector. They are working towards building a franchise under the name brand Terex by incorporating all of their earlier brand names for many of the goods used in conjunction business the brand Terex. Currently, Terex goods are principally marketed under the Terex brand name. A few 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 evolution sequence. 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 radically 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 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 purchasing Fermac, a dedicated manufacturer of tractor loader backhoes, in the year 2000, Terex expanded into the Compact Equipment marketplace. 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 operations with the acquisitions of CMI, Bid-Well, Load King, Atlas and Jaques.
Several acquisitions in 2002 placed Terex along with the leaders in their respective categories. Terex became a primary crane company as Demag fills out the Terex Cranes product offerings. Advance Mixer places Terex in the concrete mixing business. Buying German suppliers Fuchs and Schaeff placed 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 provided company-owned distribution for Terex Utilities.
Tatra, a maker of heavy-duty vehicles built for on and off-road industrial and military purposes were purchased in 2003. Buying Combatel and Commercial Body the same year allowed Terex to continue to expand its company-owned Terex Utilities distribution.
In 2004, Terex acquired Reedrill, a producer 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 produce high capacity surface mining trucks and also fabricate several items for other Terex companies.
The definition of an axle is a central shaft intended for rotating a wheel or a gear. Where wheeled vehicles are concerned, the axle itself can be connected to the wheels and turn along with them. In this instance, bushings or bearings are provided at the mounting points where the axle is supported. On the other hand, the axle may be attached to its surroundings and the wheels may in turn turn all-around the axle. In this particular case, a bearing or bushing is placed inside the hole inside the wheel in order to allow the gear or wheel to revolve around the axle.
Whenever referring to cars and trucks, some references to the word axle co-occur in casual usage. Generally, the term refers to the shaft itself, a transverse pair of wheels or its housing. The shaft itself turns with the wheel. It is usually bolted in fixed relation to it and referred to as an 'axle' or an 'axle shaft'. It is equally true that the housing surrounding it that is generally known as a casting is otherwise referred to as an 'axle' or sometimes an 'axle housing.' An even broader sense of the term refers to every transverse pair of wheels, whether they are connected to one another or they are not. Therefore, even transverse pairs of wheels in an independent suspension are frequently called 'an axle.'
In a wheeled vehicle, axles are an integral component. With a live-axle suspension system, the axles work to be able to transmit driving torque to the wheel. The axles likewise maintain the position of the wheels relative to one another and to the motor vehicle body. In this particular system the axles must likewise be able to support the weight of the motor vehicle together with whatever load. In a non-driving axle, as in the front beam axle in some two-wheel drive light vans and trucks and in heavy-duty trucks, there will be no shaft. The axle in this particular situation works only as a steering component and as suspension. Lots of front wheel drive cars have a solid rear beam axle.
There are other types of suspension systems wherein the axles function only 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 found in the independent suspension found in the majority of new SUV's, on the front of various light trucks and on most new cars. These systems still consist of a differential but it does not have fixed axle housing tubes. It can be attached to the vehicle frame or body or even can be integral in a transaxle.