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Terex has remained a competitive player in the materials handling and industrial equipment sector. They are working towards forming a franchise under the name brand Terex by incorporating all of their earlier brand names for many of the goods used in conjunction operations the brand Terex. Currently, Terex products 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 growth 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.
Terex quickly grew their mining and Crane business with the acquisition of O&K mining, TerexLift, Gru Comedil, 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 industry by buying 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 market, buying Fermac who is a producer specializing in tractor loader backhoes. Their Light Construction business continued to expand operations 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 few of the acquisitions that took place in 2002 helped allow Terex to develop into a leader in their respective categories. Advance Mixer helped drive Terex into the concrete mixing industry, while Demag helped Terex Cranes become a leader in the crane market. Acquiring German makers Fuchs and Schaeff positioned Terex in a top position in the Compact Equipment category. Genie became a principal maker 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.
A company called Tatra was acquired in 2003. This company created heavy duty vehicles for armed forces and off-road industrial purposes. Acquiring Combatel and Commercial Body the same year allowed Terex to continue to expand its company-owned Terex Utilities distribution.
In 2004, Terex acquired Reedrill, a manufacturer of surface drilling technologies for use within the construction, utility and mining markets. Noble CE, which was referred to as Terex Mexico was also acquired this year. They produce high capacity surface mining trucks and also produce numerous components for other Terex businesses.
Axles are defined by a central shaft that turns a wheel or a gear. The axle on wheeled vehicles can be fixed to the wheels and turned along 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 connected to its surroundings and the wheels could in turn turn around the axle. In this case, a bushing or bearing is located in the hole within the wheel to allow the wheel or gear to rotate all-around the axle.
With cars and trucks, the term axle in several references is utilized casually. The term usually refers to the shaft itself, a transverse pair of wheels or its housing. The shaft itself revolves with the wheel. It is normally bolted in fixed relation to it and known as an 'axle shaft' or an 'axle.' It is also true that the housing around it which is usually called a casting is also known as an 'axle' or at times an 'axle housing.' An even broader definition 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 often called 'an axle.'
In a wheeled vehicle, axles are an important component. With a live-axle suspension system, the axles work in order to transmit driving torque to the wheel. The axles also maintain the position of the wheels relative to one another and to the vehicle body. In this particular system the axles must also be able to bear the weight of the motor vehicle plus whatever load. 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 works only as a steering component and as suspension. Several front wheel drive cars consist of a solid rear beam axle.
The axle serves just to transmit driving torque to the wheels in various types of suspension systems. The angle and position of the wheel hubs is part of the functioning of the suspension system seen in the independent suspensions of new SUVs and on the front of many brand new cars and light trucks. These systems still have a differential but it does not have attached axle housing tubes. It can be fixed to the motor vehicle frame or body or likewise could be integral in a transaxle.