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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 earlier brand names for many of the products used in conjunction operations the brand Terex. Currently, Terex goods are principally marketed under the Terex brand name. Some 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 had a constant development 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 mature their mining business. The same year their crane offering expanded their operations greatly 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 industry by acquiring 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 manufacturer specializing in tractor loader backhoes. 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.
A small number of the purchases that took place in 2002 helped allow Terex to grow into a leader in their respective categories. Advance Mixer helped boost Terex into the concrete mixing market, while Demag helped Terex Cranes become a leader in the crane industry. Buying German manufacturers Fuchs and Schaeff placed Terex in a top position in the Compact Equipment category. 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 purchased in 2003. This company produced heavy duty vehicles for armed forces and off-road commercial 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 maker of surface drilling equipment for application within the construction, utility and mining markets. Noble CE, which was referred to as Terex Mexico was also purchased this year. They produce high capacity surface mining vehicles and also fabricate many components for other Terex companies.
Axles are defined by a central shaft that revolves a wheel or a gear. The axle on wheeled vehicles can be connected to the wheels and rotated together with them. In this particular instance, bushings or bearings are provided at the mounting points where the axle is supported. Conversely, the axle can be fixed to its surroundings and the wheels can in turn revolve around the axle. In this case, a bearing or bushing is situated within the hole in the wheel in order to enable the gear or wheel to turn around the axle.
If referring to trucks and cars, several references to the word axle co-occur in casual usage. Normally, the word refers to the shaft itself, a transverse pair of wheels or its housing. The shaft itself turns along with the wheel. It is frequently bolted in fixed relation to it and called an 'axle shaft' or an 'axle.' It is likewise true that the housing around it which is generally referred to as a casting is likewise known as an 'axle' or sometimes an 'axle housing.' An even broader sense of the word refers to every transverse pair of wheels, whether they are connected to one another or they are not. Thus, even transverse pairs of wheels inside an independent suspension are generally called 'an axle.'
In a wheeled vehicle, axles are an essential component. With a live-axle suspension system, the axles function to transmit driving torque to the wheel. The axles likewise maintain the position of the wheels relative to one another and to the vehicle body. In this system the axles must even be able to bear the weight of the motor vehicle along with whatever cargo. In a non-driving axle, as in 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 particular condition works just as a steering part and as suspension. A lot of front wheel drive cars have a solid rear beam axle.
There are other types of suspension systems wherein the axles function only to transmit driving torque to the wheels. The position and angle of the wheel hubs is a function of the suspension system. This is often seen in the independent suspension found in the majority of new SUV's, on the front of several light trucks and on the majority of brand new cars. These systems still consist of a differential but it does not have attached axle housing tubes. It can be fixed to the motor vehicle body or frame or likewise can be integral in a transaxle.