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Remaining a competitive player in the industrial equipment sector, Terex is building a franchise under the Terex brand name. The company is incorporating their previous brand names for many of their items in conjunction operations the Terex trade name for a smooth transition process. Presently, Terex products are principally marketed under the Terex name. A number of 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 consistent growth 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.
Acquiring O&K Mining and Payhauler in 1998, allowed Terex to mature their mining business. The same year their crane offering expanded their operations radically 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 market by acquiring Cedarapids, Powerscreen, BL Pegson, Re-Tech, and Finlay. Franna, Kooi and Princeton crane suppliers were also added to Terex in 1999.
By acquiring Fermac, a specialized manufacturer of tractor loader backhoes, in the year 2000, Terex stretched into the Compact Equipment industry. 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.
Several purchases in 2002 placed Terex along with the leaders in their respective categories. Terex became a leading crane business as Demag fills out the Terex Cranes product offerings. Advance Mixer places Terex in the concrete mixing business. Acquiring German makers Fuchs and Schaeff positioned Terex in a top position in the Compact Equipment class. Genie became a principal maker of Aerial Work Platforms. This busy year was completed business with the purchases of EPAC and Pacific Utility, which supplied company-owned distribution for Terex Utilities.
A company called Tatra was purchased in 2003. This company produced heavy duty vehicles for armed forces and off-road commercial functions. Acquiring Combatel and Commercial Body the same year enabled Terex to continue to expand its company-owned Terex Utilities distribution.
In the year 2004, Terex purchased a producer of surface drilling equipment used in mining, construction and utility industries, called Reedrill. Also in the same year, Noble CE (formerly referred to as Terex Mexico) was acquired by Terex. They design high capacity surface mining vehicles and also manufacture several items for other Terex businesses.
The description of an axle is a central shaft meant for rotating a wheel or a gear. Where wheeled motor vehicles are concerned, the axle itself may be connected to the wheels and turn with them. In this particular instance, bushings or bearings are provided at the mounting points where the axle is supported. On the other hand, the axle may be fixed to its surroundings and the wheels could in turn revolve around the axle. In this particular instance, a bearing or bushing is situated within the hole inside the wheel to allow the gear or wheel to rotate all-around the axle.
If referring to trucks and cars, some references to the word axle co-occur in casual usage. Normally, the term means the shaft itself, a transverse pair of wheels or its housing. The shaft itself rotates with the wheel. It is frequently bolted in fixed relation to it and referred to as an 'axle shaft' or an 'axle.' It is equally true that the housing around it that is usually known as a casting is likewise known as an 'axle' or at times an 'axle housing.' An even broader sense of the word means every transverse pair of wheels, whether they are attached to one another or they are not. Therefore, even transverse pairs of wheels in an independent suspension are generally called 'an axle.'
The axles are an integral component in a wheeled motor vehicle. The axle serves 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 particular system the axles should even be able to support the weight of the motor vehicle plus whichever load. In a non-driving axle, like the front beam axle in several 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. Various front wheel drive cars consist of a solid rear beam axle.
There are various types of suspension systems wherein 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 often seen in the independent suspension seen in nearly all new sports utility vehicles, on the front of many light trucks and on most brand new cars. These systems still consist of a differential but it does not have fixed axle housing tubes. It can be attached to the motor vehicle frame or body or likewise can be integral in a transaxle.