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Terex has remained a competitive player in the material handling and industrialized equipment sector. They are working towards building a franchise under the brand name Terex by incorporating all of their previous brand names for many of the goods used in conjunction business the brand Terex. Currently, Terex goods are principally marketed under the Terex name. A few 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 progress, purchasing 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.
Terex promptly grew their mining and Crane operations 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 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 the year 2000, Terex expanded into the Compact Equipment industry, acquiring Fermac who is a maker specializing in tractor loader backhoes. Their Light Construction operations continued to expand business with the acquisition of Coleman Engineering. This same year, Terex divested Moffett, Kooi and Princeton.
Terex added to its Roadbuilding division in 2001, operations with the purchases of Bid-well, Load King, CMI, Jaques and Atlas.
A few of the purchases that took place in 2002 helped allow Terex to develop into a leader in their respective categories. Advance Mixer helped thrust Terex into the concrete mixing industry, 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 principal manufacturer 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 purchased in 2003. This company created heavy duty vehicles for military 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 application within the construction, utility and mining markets. Noble CE, which was known as Terex Mexico was also purchased this year. They manufacture high capacity surface mining vehicles and also manufacture many components for other Terex businesses.
The definition of an axle is a central shaft for revolving a wheel or a gear. Where wheeled vehicles are concerned, the axle itself can be connected to the wheels and rotate together with them. In this particular case, bearings or bushings are provided at the mounting points where the axle is supported. Conversely, the axle can be attached to its surroundings and the wheels could in turn turn all-around the axle. In this instance, a bushing or bearing is placed inside the hole within the wheel to be able to allow the gear or wheel to rotate around the axle.
Whenever referring to cars and trucks, some references to the word axle co-occur in casual usage. Generally, the term means the shaft itself, a transverse pair of wheels or its housing. The shaft itself turns with the wheel. It is frequently bolted in fixed relation to it and known as an 'axle shaft' or an 'axle.' It is equally true that the housing around it which is generally referred to as a casting is also referred to as an 'axle' or occasionally an 'axle housing.' An even broader definition of the word refers to every transverse pair of wheels, whether they are attached to one another or they are not. Hence, even transverse pairs of wheels within an independent suspension are frequently known as 'an axle.'
In a wheeled vehicle, axles are an integral component. With a live-axle suspension system, the axles function 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 system the axles must even be able to support the weight of the motor vehicle along with whichever load. In a non-driving axle, like the front beam axle in various two-wheel drive light vans and trucks and in heavy-duty trucks, there will be no shaft. The axle in this situation works only as a steering part and as suspension. Lots of front wheel drive cars have a solid rear beam axle.
The axle serves only to transmit driving torque to the wheels in various types of suspension systems. The position and angle of the wheel hubs is part of the operating of the suspension system seen in the independent suspensions of newer SUVs and on the front of various brand new cars and light trucks. These systems still have a differential but it does not have connected axle housing tubes. It can be fixed to the motor vehicle frame or body or even could be integral in a transaxle.