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Terex has remained a competitive player in the material handling and industrial equipment sector. They are working towards forming a franchise under the name brand Terex by incorporating all of their preceding brand names for many of the goods used in conjunction business the brand Terex. Currently, Terex goods are principally marketed under the Terex 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 consistent development cycle. In 1995 Terex acquired PPM Cranes, in 1996, then Terex divested Clark Material Handling. In 1997 Terex acquires Telelect and Simon-RO. BPI Handlers in Baraga, Michigan is also acquired this same year.
Buying O&K Mining and Payhauler in 1998, allowed Terex to cultivate 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 buying 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 extended into the Compact Equipment industry, acquiring Fermac who is a producer specializing in tractor loader backhoes. Their Light Construction operations continued to expand business with the acquisition of Coleman Engineering. This same year, Terex divested Moffett, Kooi and Princeton.
Terex added to its Roadbuilding division in 2001, operations with the purchases of Bid-well, Load King, CMI, Jaques and Atlas.
Several purchases in 2002 placed Terex amongst the leaders in their respective categories. Terex became a primary crane business as Demag fills out the Terex Cranes product offerings. Advance Mixer places Terex within the concrete mixing industry. Acquiring German manufacturers Fuchs and Schaeff positioned Terex in a top position in the Compact Equipment category. Genie became a leading producer 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 created heavy duty vehicles for armed forces and off-road commercial functions. Buying Combatel and Commercial Body the same year allowed Terex to continue to expand its company-owned Terex Utilities supply.
In the year 2004, Terex purchased a maker of surface drilling equipment utilized in mining, construction and utility markets, called Reedrill. Also in the same year, Noble CE (formerly known as Terex Mexico) was acquired by Terex. They manufacture high capacity surface mining trucks and also fabricate many components for other Terex businesses.
Axles are defined by a central shaft that revolves a gear or a wheel. The axle on wheeled motor vehicles can be connected to the wheels and turned together with them. In this particular instance, bushings or bearings are provided at the mounting points where the axle is supported. On the other hand, the axle may be connected to its surroundings and the wheels could in turn revolve around the axle. In this particular instance, a bushing or bearing is placed inside the hole inside the wheel to be able to enable the wheel or gear to turn all-around the axle.
If referring to trucks and cars, 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 rotates with the wheel. It is normally bolted in fixed relation to it and called an 'axle' or an 'axle shaft'. It is likewise true that the housing surrounding it that is generally known as a casting is otherwise called an 'axle' or sometimes an 'axle housing.' An even broader definition 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 inside an independent suspension are generally known as 'an axle.'
The axles are an important part in a wheeled vehicle. The axle works 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 system the axles should even be able to support the weight of the motor vehicle along with whatever cargo. In a non-driving axle, like for instance the front beam axle in several two-wheel drive light vans and trucks and in heavy-duty trucks, there will be no shaft. The axle in this situation works only as a steering part and as suspension. Many front wheel drive cars have a solid rear beam axle.
There are other types of suspension systems wherein the axles operate 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 normally seen in the independent suspension seen in most brand new sports utility vehicles, on the front of various light trucks and on nearly all new cars. These systems still consist of a differential but it does not have fixed axle housing tubes. It could be fixed to the motor vehicle frame or body or even can be integral in a transaxle.