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Terex has remained a competitive player in the material handling and industrial 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 products used in conjunction business the brand Terex. Currently, Terex goods are principally marketed under the Terex name. Some 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 development, 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 swiftly grew their mining and Crane business with the acquisition of O&K mining, TerexLift, Gru Comedil, American Crane and Peiner. A Light Construction business soon followed in 1999 when Terex acquired Amida, Bartell and Benford. They quickly became a leader within the crushing and screening industry by acquiring Cedarapids, Powerscreen, BL Pegson, Re-Tech, and Finlay. Franna, Kooi and Princeton crane manufacturers were also added to Terex in 1999.
By the year 2000, Terex expanded into the Compact Equipment industry, buying 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.
In 2001, Terex expanded their Roadbuilding division operations with the acquisitions of CMI, Bid-Well, Load King, Atlas and Jaques.
Several purchases in 2002 placed Terex among 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 industry. Buying German makers Fuchs and Schaeff placed Terex in a top position in the Compact Equipment category. Genie became a primary maker 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 armed forces and off-road industrial applications. Buying Combatel and Commercial Body the same year enabled Terex to continue to expand its company-owned Terex Utilities distribution.
In 2004, Terex acquired Reedrill, a producer of surface drilling technologies for use within the construction, utility and mining industries. Noble CE, which was referred to as Terex Mexico was also purchased this year. They produce high capacity surface mining trucks and also fabricate numerous components for other Terex companies.
Axles are defined by a central shaft which turns a wheel or a gear. The axle on wheeled vehicles could be fixed to the wheels and turned together with them. In this particular case, bushings or bearings are provided at the mounting points where the axle is supported. Conversely, the axle can be connected to its surroundings and the wheels could in turn turn around the axle. In this particular situation, a bearing or bushing is positioned within the hole in the wheel to enable the gear or wheel to rotate all-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 rotates with the wheel. It is normally bolted in fixed relation to it and known as an 'axle' or an 'axle shaft'. It is also true that the housing around it that is generally referred to as a casting is likewise referred to as an 'axle' or at times an 'axle housing.' An even broader definition of the term refers to every transverse pair of wheels, whether they are attached to one another or they are not. Therefore, even transverse pairs of wheels within an independent suspension are generally known as 'an axle.'
The axles are an essential part in a wheeled vehicle. The axle serves to be able 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 system the axles must even be able to support the weight of the vehicle together with whatever load. In a non-driving axle, like the front beam axle in several two-wheel drive light vans and trucks and in heavy-duty trucks, there will be no shaft. The axle in this condition serves only as a steering component and as suspension. Numerous front wheel drive cars consist of a solid rear beam axle.
The axle works only to transmit driving torque to the wheels in some kinds of suspension systems. The angle and position of the wheel hubs is part of the functioning of the suspension system seen in the independent suspensions of newer sports utility vehicles and on the front of several new cars and light trucks. These systems still consist of a differential but it does not have fixed axle housing tubes. It can be fixed to the motor vehicle frame or body or likewise could be integral in a transaxle.