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Terex has remained a competitive player in the material handling and industrialized equipment sector. They are working towards building a franchise under the name brand Terex by incorporating all of their preceding brand names for many of the products used in conjunction operations the brand Terex. Currently, Terex products are principally marketed under the Terex name. Many 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 shown steady growth, buying PPM Cranes, in 1995 while divesting Clark Material Handling in 1995. 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 business. 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 soon 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 purchasing Fermac, a dedicated producer of tractor loader backhoes, in the year 2000, Terex expanded into the Compact Equipment market. 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.
There are single ratio transmissions which function by changing the torque and speed of motor output. There are numerous multiple gear transmissions that could shift between ratios as their speed changes. This gear switching could be carried out by hand or automatically. Reverse and forward, or directional control, can be supplied too.
The transmission in motor vehicles would typically attach to the engines crankshaft. The output travels via the driveshaft to one or more differentials in effect driving the wheels. A differential's most important function is to alter the rotational direction, even though, it could likewise supply gear reduction as well.
Torque converters, power transformation and hybrid configurations are different alternative instruments utilized for torque and speed adjustment. Traditional gear/belt transmissions are not the only machinery offered.
The simplest of transmissions are simply called gearboxes and they supply gear reductions in conjunction with right angle change in the direction of the shaft. Every now and then these simple gearboxes are utilized on PTO equipment or powered agricultural machines. The axial PTO shaft is at odds with the usual need for the driven shaft. This shaft is either vertical, or horizontally extending from one side of the implement to another, depending on the piece of machinery. Snow blowers and silage choppers are examples of more complicated machinery which have drives providing output in various directions.