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Remaining a competitive player in the industrialized equipment sector, Terex is forming a franchise under the Terex name brand. The company is incorporating their earlier brand names for a lot of their items in conjunction business the Terex brand name for a smooth transition process. Currently, Terex goods are principally marketed under the Terex name. Many 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 evolution, 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.
Acquiring 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 Construction business soon followed in 1999 when Terex acquired Amida, Bartell and Benford. They soon became a leader within the crushing and screening industry 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 dedicated maker of tractor loader backhoes, in the year 2000, Terex expanded into the Compact Equipment marketplace. Their Light Construction operations 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 operations with the acquisitions of CMI, Bid-Well, Load King, Atlas and Jaques.
There are single ratio transmissions that work by changing the torque and speed of motor output. There are many multiple gear transmissions that could shift amid ratios as their speed changes. This gear switching can be done automatically or by hand. Reverse and forward, or directional control, could be supplied as well.
The transmission in motor vehicles would typically connect to the engines crankshaft. The output travels through the driveshaft to one or more differentials in effect driving the wheels. A differential's most important function is to be able to adjust the rotational direction, even if, it could also provide gear reduction too.
Torque converters, power transformation and hybrid configurations are different alternative instruments for torque and speed change. Traditional gear/belt transmissions are not the only mechanism existing.
The simplest of transmissions are simply called gearboxes and they provide gear reductions in conjunction with right angle change in the direction of the shaft. Every now and then these simple gearboxes are used on PTO machines or powered agricultural equipment. The axial PTO shaft is at odds with the normal need for the powered shaft. This shaft is either vertical, or horizontally extending from one side of the implement to another, that depends on the piece of machine. Silage choppers and snow blowers are examples of more complicated equipment that have drives supplying output in multiple directions.