Terex's Business Segments

Terex is a diversified global manufacturer of capital equipment focused on delivering reliable, customer relevant solutions for the construction, infrastructure, quarrying, mining, shipping, transportation, refining and utility industries. We operate in five reportable segments: (i) Terex Aerial Work Platforms, (ii) Terex Construction, (iii) Terex Cranes, (iv) Terex Materials Processing & Mining and (v) Terex Roadbuilding, Utility Products and Other. We remain focused on delivering products that are reliable, cost-effective and improve our customers’ return on invested capital. Our products are manufactured at plants in North America, Europe, Australia, Asia and South America, and are sold worldwide.

Terex Corporation is a diversified global manufacturer of industrial equipment, with a primary focus on providing products and services across several segments. The company operates in various markets, primarily within construction, mining, materials processing, and crane operations. Below is an extensive overview of Terex Corporations segments, products, services, and international operations.

Terex Construction

The Terex Construction segment specializes in designing, manufacturing, and marketing a wide array of construction equipment, including:

1. Heavy Construction Equipment:
- Off-Highway Trucks: Rigid haul trucks and articulated haul trucks with capacities ranging from 25 to 100 tons.
- Scrapers.
- Excavators: Hydraulic excavators designed for complex construction tasks.
- Large Wheel Loaders: Essential for moving heavy loads.
- Loading Machines: Heavy-duty machines for various loading tasks.
- Truck-Mounted Articulated Hydraulic Cranes.

2. Compact Construction Equipment:
- Loader Backhoes: Versatile machines for digging, loading, and moving materials.
- Compaction Equipment: Used for compacting soil and asphalt.
- Mini and Midi Excavators: Smaller excavators for tighter spaces.
- Telehandlers: Versatile lifting machines ideal for construction sites.
- Site Dumpers: Useful for transporting materials across construction sites.

3. Mobile Crushing and Screening Equipment:
- Crushers: Including jaw crushers and cone crushers.
- Washing Systems: For cleaning aggregate and mining materials.
- Screens and Trommels: Used for material separation.

Manufacturing Locations
Terex Construction operates 17 significant manufacturing facilities around the world, with operations in:
- Motherwell, Scotland: Heavy construction equipment like off-highway trucks.
- Germany: Manufacturing centers for excavators, wheel loaders, and loading machines in cities such as Delmenhorst, Ganderkesee, Bad Schoenborn, and Vechta.
- Coventry, England: Production of compact construction equipment.
- China: Facilities in cities like Sanhe and Tianjin for manufacturing small and midsized wheel loaders and excavators.
- Italy: The production of telehandlers near Perugia.

Terex Cranes

The Terex Cranes segment focuses on the design, manufacture, and marketing of various cranes such as:
- Mobile Telescopic Cranes.
- Tower Cranes.
- Lattice Boom Crawler Cranes.
- Truck-Mounted Cranes.

These cranes are utilized primarily in construction, maintenance, and infrastructure projects.

Manufacturing Locations
Terex Cranes has manufacturing facilities in:
- Crespellano, Italy: Producing rough terrain cranes.
- Montceau-les-Mines, France: For all-terrain cranes and telescopic container stackers.
- Waverly, Iowa: Manufacturing various types of cranes.
- Wilmington, North Carolina: Producing tower cranes and lattice boom crawler cranes.

Terex Aerial Work Platforms

The Terex Aerial Work Platforms segment includes equipment such as:
- Portable Aerial Work Platforms.
- Self-Propelled Scissor Lifts.
- Trailer-Mounted Lifts.
- Telehandlers.

This segment was formed following the acquisition of Genie Holdings and serves construction and maintenance sectors.

Manufacturing Locations
Operating six significant facilities, Terex Aerial Work Platforms manufactures equipment in:
- Redmond and Moses Lake, Washington: For aerial work platform equipment.
- Elk Point, South Dakota: Production of construction trailers.
- Baraga, Michigan: For telehandlers.

Terex Materials Processing & Mining

This segment designs and manufactures:
- Crushing and Screening Equipment: Such as jaw crushers and impactors.
- Hydraulic Mining Excavators.
- Surface Mining Trucks.

These products cater primarily to mining and construction industries.

Manufacturing Locations
It has eight major manufacturing operations in areas including:
- Dortmund, Germany: For hydraulic mining excavators.
- Acuña, Mexico: Manufacturing high-capacity surface mining trucks.
- Melbourne, Australia and Cedar Rapids, Iowa: Production of various crushing and screening equipment.

Material Handling & Port Solutions (MHPS)

The MHPS segment offers products and services designed for material handling, including:
- Industrial Cranes: Such as standard and process cranes.
- Port Equipment: Including mobile harbor cranes and automated guided vehicles.

Terex markets MHPS products under the Demag® and Gottwald® brand names.

Manufacturing Locations
Key manufacturing locations for MHPS include:
- Luisenthal, Germany; Banbury, UK; Madrid, Spain; Shanghai, China; and more, producing various crane types and port solutions.

Services Across Segments

Across all its segments, Terex provides a comprehensive range of services, including:
- Spare Parts and Refurbishment: Maintaining equipment for optimal performance.
- Consultancy and Training: Helping clients improve operations related to equipment use.
- Field Service Support: Ensuring ongoing equipment reliability and minimizing downtime.

International Operations

Terex Corporation operates extensively on a global scale, with manufacturing facilities strategically located in North America, Europe, Asia, and Australia. The company not only focuses on manufacturing but also establishes partnerships and joint ventures to enhance its market presence. For instance:
- In India, Terex has a joint venture—Terex Vectra Equipment Pvt. Ltd.—focusing on compact construction equipment.
- In China, it maintains minority interests in Inner Mongolia North Hauler Joint Stock Company Limited and Atlas Construction Machinery Company Ltd. both emphasizing the local production of construction equipment.

Terex continues expanding its international footprint while adapting to the specific needs and regulations of local markets, allowing it to effectively cater to customers in diverse geographical regions and industry sectors.