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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 brand name Terex by incorporating all of their previous brand names for many of the products used in conjunction operations the brand Terex. Currently, Terex goods are principally marketed under the Terex name. Several 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 steady 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.
Buying O&K Mining and Payhauler in 1998, allowed Terex to cultivate 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 Building business soon followed in 1999 when Terex acquired Amida, Bartell and Benford. They quickly 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 expanded into the Compact Equipment market, buying Fermac who is a maker 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, business with the purchases of Bid-well, Load King, CMI, Jaques and Atlas.
Several acquisitions in 2002 placed Terex among 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 manufacturers Fuchs and Schaeff placed Terex in a top position in the Compact Equipment category. Genie became a leading manufacturer of Aerial Work Platforms. This busy year was completed operations with the purchases of EPAC and Pacific Utility, which offered company-owned distribution for Terex Utilities.
A company called Tatra was purchased in 2003. This company produced heavy duty vehicles for armed forces and off-road commercial applications. Buying Combatel and Commercial Body the same year allowed Terex to continue to expand its company-owned Terex Utilities supply.
In 2004, Terex acquired Reedrill, a maker of surface drilling equipment for application within the construction, utility and mining industries. 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 utilized for turning a gear or a wheel. Where wheeled vehicles are concerned, the axle itself could be fixed to the wheels and turn together with them. In this case, bushings or bearings are provided at the mounting points where the axle is supported. On the other hand, the axle can be attached to its surroundings and the wheels can in turn revolve around the axle. In this situation, a bushing or bearing is positioned within the hole inside the wheel to enable the wheel or gear to turn around the axle.
With trucks and cars, the term axle in several references is used casually. The word normally refers to the shaft itself, a transverse pair of wheels or its housing. The shaft itself rotates together with the wheel. It is frequently bolted in fixed relation to it and known as an 'axle' or an 'axle shaft'. It is likewise true that the housing around it that is usually known 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. Thus, even transverse pairs of wheels within an independent suspension are frequently known as 'an axle.'
The axles are an important part in a wheeled vehicle. The axle serves in order 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 must also be able to support the weight of the motor vehicle together with whatever cargo. In a non-driving axle, as in the front beam axle in various two-wheel drive light trucks and vans and in heavy-duty trucks, there would be no shaft. The axle in this situation serves only as a steering component and as suspension. Several front wheel drive cars have a solid rear beam axle.
There are different kinds of suspension systems where the axles operate 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 often seen in the independent suspension seen in nearly all new SUV's, on the front of numerous light trucks and on most new cars. These systems still consist of a differential but it does not have attached axle housing tubes. It could be connected to the motor vehicle frame or body or likewise can be integral in a transaxle.