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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 previous brand names for many of the goods used in conjunction operations the brand Terex. Presently, Terex products are principally marketed under the Terex name. Many 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 constant evolution 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.
Terex swiftly 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 soon became a leader within the crushing and screening market by purchasing 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 industry, buying Fermac who is a maker 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 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 an important crane company as Demag fills out the Terex Cranes product offerings. Advance Mixer places Terex within the concrete mixing industry. Acquiring German suppliers Fuchs and Schaeff positioned Terex in a top position in the Compact Equipment class. Genie became a leading producer 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.
A company called Tatra was acquired in 2003. This company produced heavy duty vehicles for military and off-road industrial applications. 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 producer of surface drilling technologies for application within the construction, utility and mining markets. Noble CE, which was known as Terex Mexico was also purchased this year. They design high capacity surface mining vehicles and also fabricate many items for other Terex businesses.
The classification of an axle is a central shaft intended for turning a wheel or a gear. Where wheeled motor vehicles are concerned, the axle itself can be connected to the wheels and turn together 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 can in turn revolve all-around the axle. In this instance, a bushing or bearing is located inside the hole in the wheel to be able to enable the wheel or gear to rotate around the axle.
With trucks and cars, the word axle in some references is utilized casually. The term generally refers to the shaft itself, a transverse pair of wheels or its housing. The shaft itself revolves together with the wheel. It is usually bolted in fixed relation to it and called an 'axle shaft' or an 'axle.' It is equally true that the housing surrounding it which is normally known as a casting is also known as an 'axle' or occasionally an 'axle housing.' An even broader sense of the word means every transverse pair of wheels, whether they are connected to one another or they are not. Therefore, even transverse pairs of wheels inside an independent suspension are frequently called 'an axle.'
In a wheeled motor vehicle, axles are an important component. With a live-axle suspension system, the axles serve to transmit driving torque to the wheel. The axles even maintain the position of the wheels relative to one another and to the vehicle body. In this particular system the axles must even be able to bear the weight of the vehicle together with any cargo. In a non-driving axle, like 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 condition works just as a steering part and as suspension. Various front wheel drive cars consist of a solid rear beam axle.
There are various types of suspension systems where the axles function just 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 nearly all new sports utility vehicles, on the front of many light trucks and on the majority of brand new cars. These systems still have a differential but it does not have connected axle housing tubes. It could be attached to the motor vehicle frame or body or also can be integral in a transaxle.