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Terex has remained a competitive player in the material handling and industrialized equipment sector. They are working towards forming 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 products are principally marketed under the Terex name. Some 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 shown steady evolution, buying 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, enabled Terex to nurture their mining business. The same year their crane offering expanded their operations significantly with the acquisitions of Gru Comedil, TerexLift, 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 acquiring Cedarapids, Powerscreen, BL Pegson, Re-Tech, and Finlay. Franna, Kooi and Princeton crane suppliers were also added to Terex in 1999.
By the year 2000, Terex expanded into the Compact Equipment market, acquiring Fermac who is a manufacturer 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.
In 2001, Terex expanded their Roadbuilding division operations with the acquisitions of CMI, Bid-Well, Load King, Atlas and Jaques.
A few of the purchases that took place in 2002 made it easier for Terex to grow into a leader in their respective categories. Advance Mixer helped boost Terex into the concrete mixing market, while Demag helped Terex Cranes become a leader in the crane industry. Buying German suppliers 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 operations with the acquisitions of EPAC and Pacific Utility, which offered company-owned distribution for Terex Utilities.
Tatra, a manufacturer of heavy-duty forklifts designed for on and off-road commercial and military purposes were purchased in 2003. 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 referred to as Terex Mexico) was acquired by Terex. They produce high capacity surface mining vehicles and also produce several components for other Terex businesses.
The definition of an axle is a central shaft for turning a wheel or a gear. Where wheeled vehicles are concerned, the axle itself may be fixed to the wheels and rotate together with them. In this particular instance, bearings or bushings are provided at the mounting points where the axle is supported. Conversely, the axle may be connected to its surroundings and the wheels can in turn rotate all-around the axle. In this case, a bushing or bearing is positioned in the hole inside the wheel so as to allow the wheel or gear to turn around the axle.
With trucks and cars, the word axle in some references is utilized casually. The word usually refers to the shaft itself, a transverse pair of wheels or its housing. The shaft itself revolves along with the wheel. It is usually bolted in fixed relation to it and called an 'axle' or an 'axle shaft'. It is likewise true that the housing around it that is normally called a casting is also known as an 'axle' or at times an 'axle housing.' An even broader definition of the word means every transverse pair of wheels, whether they are connected to one another or they are not. Therefore, even transverse pairs of wheels within an independent suspension are often called 'an axle.'
The axles are an integral part in a wheeled motor vehicle. The axle works in order 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 vehicle body. In this particular system the axles must likewise be able to support the weight of the motor vehicle plus whichever load. In a non-driving axle, like for instance the front beam axle in several two-wheel drive light vans and trucks and in heavy-duty trucks, there would be no shaft. The axle in this particular condition works only as a steering component and as suspension. Several front wheel drive cars consist of a solid rear beam axle.
The axle serves only to transmit driving torque to the wheels in various kinds of suspension systems. The position and angle of the wheel hubs is part of the functioning of the suspension system found in the independent suspensions of newer SUVs and on the front of various brand new cars and light trucks. These systems still consist of a differential but it does not have attached axle housing tubes. It could be fixed to the vehicle body or frame or even can be integral in a transaxle.