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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 products used in conjunction business the brand Terex. Presently, Terex goods are principally marketed under the Terex brand name. Several 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 shown steady growth, acquiring PPM Cranes, in 1995 while divesting Clark Material Handling in 1995. 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 greatly 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 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 companies were also added to Terex in 1999.
By purchasing Fermac, a specialized maker of tractor loader backhoes, in the year 2000, Terex expanded into the Compact Equipment marketplace. Their Light Construction business continued to expand operations 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 leading crane company as Demag fills out the Terex Cranes product offerings. Advance Mixer places Terex within the concrete mixing business. Buying German manufacturers Fuchs and Schaeff positioned Terex in a top position in the Compact Equipment category. Genie became a primary producer of Aerial Work Platforms. This busy year was completed business with the purchases of EPAC and Pacific Utility, which supplied 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 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 used 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 produce several items for other Terex businesses.
The description of an axle is a central shaft meant for rotating a gear or a wheel. Where wheeled motor vehicles are concerned, the axle itself could be fixed to the wheels and rotate along with them. In this particular instance, bearings or bushings are provided at the mounting points where the axle is supported. Conversely, the axle could be fixed to its surroundings and the wheels can in turn rotate all-around the axle. In this particular instance, a bearing or bushing is positioned within the hole inside the wheel to allow the gear or wheel to revolve around the axle.
Whenever referring to trucks and cars, some references to the word axle co-occur in casual usage. Normally, the term refers to the shaft itself, a transverse pair of wheels or its housing. The shaft itself turns with the wheel. It is normally bolted in fixed relation to it and referred to as an 'axle shaft' or an 'axle.' It is likewise true that the housing surrounding it that is usually referred to as a casting is likewise known as an 'axle' or occasionally an 'axle housing.' An even broader sense of the term means 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 called 'an axle.'
The axles are an integral part in a wheeled vehicle. The axle serves 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 motor vehicle body. In this system the axles must also be able to bear the weight of the motor vehicle along with any load. In a non-driving axle, like for example the front beam axle in some two-wheel drive light trucks and vans and in heavy-duty trucks, there would be no shaft. The axle in this particular 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 where the axles function just to transmit driving torque to the wheels. The angle and position of the wheel hubs is a function of the suspension system. This is usually seen in the independent suspension seen in most brand new sports utility vehicles, on the front of many light trucks and on the majority of new cars. These systems still consist of a differential but it does not have fixed axle housing tubes. It can be connected to the vehicle body or frame or also can be integral in a transaxle.