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Terex has remained a competitive player in the material 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 operations the brand Terex. Currently, Terex goods are principally marketed under the Terex name. A number of 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 steady development 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.
Terex rapidly grew their mining and Crane operations with the acquisition of O&K mining, TerexLift, Gru Comedil, 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 buying Cedarapids, Powerscreen, BL Pegson, Re-Tech, and Finlay. Franna, Kooi and Princeton crane manufacturers were also added to Terex in 1999.
By buying Fermac, a dedicated maker of tractor loader backhoes, in the year 2000, Terex stretched into the Compact Equipment industry. Their Light Construction business continued to expand business with the acquisition of Coleman Engineering. This same year, Terex divested Moffett, Kooi and Princeton.
Terex beefed up its Roadbuilding division in 2001, business with the acquisitions of Bid-well, Load King, CMI, Jaques and Atlas.
Several purchases 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 industry. Buying German suppliers Fuchs and Schaeff positioned Terex in a top position in the Compact Equipment class. Genie became a primary 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.
A company called Tatra was purchased in 2003. This company created heavy duty vehicles for armed forces and off-road commercial purposes. Acquiring Combatel and Commercial Body the same year enabled Terex to continue to expand its company-owned Terex Utilities distribution.
In the year 2004, Terex purchased a maker of surface drilling equipment used in mining, construction and utility industries, called Reedrill. Also in the same year, Noble CE (formerly referred to as Terex Mexico) was purchased by Terex. They produce high capacity surface mining trucks and also fabricate many components for other Terex companies.
Axles are defined by a central shaft that rotates a wheel or a gear. The axle on wheeled motor vehicles may be connected to the wheels and turned along with them. In this particular 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 can in turn revolve all-around the axle. In this case, a bearing or bushing is positioned within the hole in the wheel to be able to enable the gear or wheel to rotate all-around the axle.
When referring to cars and trucks, several references to the word axle co-occur in casual usage. Generally, the word refers to the shaft itself, a transverse pair of wheels or its housing. The shaft itself revolves along with the wheel. It is frequently bolted in fixed relation to it and called an 'axle' or an 'axle shaft'. It is also true that the housing around it which is generally referred to as a casting is likewise called an 'axle' or occasionally an 'axle housing.' An even broader sense of the term refers to every transverse pair of wheels, whether they are attached to one another or they are not. Hence, even transverse pairs of wheels in an independent suspension are generally called 'an axle.'
The axles are an important component in a wheeled vehicle. The axle serves 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 system the axles should likewise be able to support the weight of the motor vehicle together with whichever load. In a non-driving axle, like the front beam axle in several two-wheel drive light trucks and vans and in heavy-duty trucks, there will be no shaft. The axle in this condition works only as a steering component and as suspension. Lots of front wheel drive cars consist of a solid rear beam axle.
There are various kinds of suspension systems wherein the axles serve only to transmit driving torque to the wheels. The position and angle of the wheel hubs is a function of the suspension system. This is usually seen in the independent suspension found in most brand new SUV's, on the front of numerous light trucks and on most brand new cars. These systems still consist of a differential but it does not have attached axle housing tubes. It can be fixed to the vehicle frame or body or even could be integral in a transaxle.