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Terex has remained a competitive player in the materials handling and industrial 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. Presently, Terex products are principally marketed under the Terex brand 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 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.
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 Building business soon followed in 1999 when Terex acquired Amida, Bartell and Benford. They soon became a leader within the crushing and screening market by buying Cedarapids, Powerscreen, BL Pegson, Re-Tech, and Finlay. Franna, Kooi and Princeton crane companies were also added to Terex in 1999.
By acquiring Fermac, a specialized maker of tractor loader backhoes, in the year 2000, Terex stretched into the Compact Equipment market. Their Light Construction business continued to expand business 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.
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. Buying German makers Fuchs and Schaeff placed Terex in a top position in the Compact Equipment category. Genie became a principal manufacturer of Aerial Work Platforms. This busy year was completed operations with the purchases of EPAC and Pacific Utility, which provided company-owned distribution for Terex Utilities.
Tatra, a maker of heavy-duty forklifts intended for on and off-road commercial and military functions were purchased in 2003. 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 producer of surface drilling equipment used in mining, construction and utility markets, called Reedrill. Also in the same year, Noble CE (formerly known as Terex Mexico) was purchased by Terex. They manufacture high capacity surface mining trucks and also manufacture many items for other Terex companies.
Axles are defined by a central shaft which rotates a gear or a wheel. The axle on wheeled motor vehicles may be attached to the wheels and turned along with them. In this situation, bushings or bearings are provided at the mounting points where the axle is supported. On the other hand, the axle could be fixed to its surroundings and the wheels could in turn turn all-around the axle. In this particular case, a bushing or bearing is situated inside the hole inside the wheel to be able to enable the gear or wheel to rotate around the axle.
If referring to cars and trucks, some references to the word axle co-occur in casual usage. Normally, the word means the shaft itself, a transverse pair of wheels or its housing. The shaft itself turns with the wheel. It is usually bolted in fixed relation to it and called an 'axle shaft' or an 'axle.' It is also true that the housing around it that is usually called a casting is also known as an 'axle' or at times an 'axle housing.' An even broader definition 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 generally called 'an axle.'
In a wheeled motor vehicle, axles are an essential component. With a live-axle suspension system, the axles function to be able to transmit driving torque to the wheel. The axles even maintain the position of the wheels relative to one another and to the motor vehicle body. In this particular system the axles should also be able to bear the weight of the motor vehicle along with whatever cargo. In a non-driving axle, like the front beam axle in various two-wheel drive light trucks and vans and in heavy-duty trucks, there will be no shaft. The axle in this particular situation serves only as a steering part and as suspension. Many front wheel drive cars consist of a solid rear beam axle.
There are various types of suspension systems where the axles work 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 normally found in the independent suspension found in most new sports utility vehicles, 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 attached to the motor vehicle frame or body or also could be integral in a transaxle.