Terex's

We face a competitive global manufacturing market for all of our products. We compete with other manufacturers based on many factors, particularly price, performance and product reliability. We generally operate under a best value strategy, where we attempt to offer our customers products that are designed to improve the customer’s return on invested capital. However, in some instances, customers may prefer the pricing, performance or reliability aspects of a competitor’s product despite our product pricing or performance. We do not have a single competitor across all business segments. The following table shows the primary competitors for our products in the following categories:

Aerial Work Platforms Portable Material Lifts and Portable Aerial Work Platforms Oshkosh (JLG), Vestil,Sumner

Boom Lifts Oshkosh (JLG), Haulotte, Linamar (Skyjack), Xtreme/Tanfield (Snorkel) and Aichi

Scissor Lifts Oshkosh (JLG), Linamar (Skyjack), Haulotte, Manitou and Xtreme/Tanfield (Snorkel)

Telehandlers Oshkosh (JLG, Skytrak, Caterpillar and Lull brands), JCB, CNH, Merlo and Manitou (Gehl)

Trailer-mounted Light Towers Allmand Bros., Magnum and Doosan

Bridge Inspection Equipment Moog USA and Barin

Construction Material Handlers Liebherr, Sennebogen, Linkbelt, Exodus and Caterpillar Wheel Loaders Caterpillar, Volvo, Kubota, Kawasaki, John Deere, Komatsu, Hitachi, CNH, Liebherr and Doosan

Loader Backhoes Caterpillar, CNH, JCB, Komatsu, Volvo, John Deere and Mahindra

Mini Excavators Doosan (Bobcat), Yanmar, Volvo, Takeuchi, IHI, CNH, Caterpillar, John Deere, Neuson and Kubota Midi Excavators Komatsu, Hitachi, Volvo and Yanmar Site Dumpers Thwaites, Wacker Neuson and AUSA

Skid Steer Loaders Doosan (Bobcat), Caterpillar, CNH, John Deere, Takeuchi, Manitou (Gehl), Volvo and Kubota

Compact Track Loaders Doosan (Bobcat), Caterpillar, CNH, John Deere, Takeuchi, Volvo and Manitou (Gehl)

Compaction Equipment Bomag, Hamm, JCB and Ammann

Concrete Pavers Gomaco, Wirtgen, Power Curbers and Guntert & Zimmerman

Concrete Mixer Trucks Oshkosh, Kimble and Continental Manufacturing

Cranes Mobile Telescopic Cranes Liebherr, Manitowoc (Grove), Tadano-Faun, Sumitomo (Link-Belt), XCMG, Kato, Zoomlion and Sany Tower Cranes Liebherr, Manitowoc (Potain), Comansa, Zoomlion, Sany, XCMG and Wolffkran Lattice

Boom Crawler Cranes Manitowoc, Sumitomo (Link-Belt), Liebherr, Hitachi, Kobelco, XCMG, Zoomlion, Fushun and Sany

Lattice Boom Truck Cranes Liebherr Truck-Mounted Cranes Manitowoc (National Crane), Altec and Manitex

Utility Equipment Altec and Time Manufacturing

Material Handling & Port Solutions Industrial Cranes Konecranes, Columbus McKinnon, ABUS, Kito, GH and OMIS Mobile Harbor Cranes and Automated Port Technology Liebherr, Konecranes, Cargotec (Kalmar), Zhenua Port Machinery (ZPMC) and Künz

Reach Stackers Cargotec (Kalmar), Hyster, Konecranes (SMV), Taylor, Dalian, CVS Ferrari, Liebherr and Sany Straddle and Sprinter Carriers Cargotec (Kalmar), CVS Ferrari, Konecranes and Liebherr

Rubber Tired and Rail Mounted Gantry Cranes Zhenua Port Machinery (ZPMC), Liebherr, Konecranes, Cargotec (Kalmar), Doosan, Hyundai and Mitsui Engineering & Shipbuilding

Ship-to-Shore Gantry Cranes Zhenua Port Machinery (ZPMC), Liebherr, Konecranes, Cargotec (Kalmar), Samsung, Doosan, Hyundai and Mitsui Engineering & Shipbuilding

Empty Container Handlers, Full Container Handlers and General Cargo Lift Trucks Cargotec (Kalmar), Hyster, Linde, CVS Ferrari, Konecranes (SMV), Svetruck and Sany Materials Processing Crushing Equipment Metso, Astec Industries, Sandvik, McCloskey, Komatsu and Kleemann Screening Equipment Metso, Astec Industries, McCloskey and Sandvik Washing systems McLanahan, Astec Industries, CDE Global and GreyStone

Chippers Vermeer, Bandit and Morbark