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Remaining a competitive player in the industrial equipment sector, Terex is forming a franchise under the Terex brand name. The company is incorporating their previous brand names for a lot of their items in conjunction operations the Terex brand for a smooth transition process. Currently, Terex products are principally marketed under the Terex brand name. A few 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 constant expansion cycle. In 1995 Terex acquired PPM Cranes, in 1996, then Terex divested Clark Material Handling. 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 cultivate 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 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 buying Cedarapids, Powerscreen, BL Pegson, Re-Tech, and Finlay. Franna, Kooi and Princeton crane companies were also added to Terex in 1999.
By the year 2000, Terex extended 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.
Terex beefed up its Roadbuilding division in 2001, business with the acquisitions of Bid-well, Load King, CMI, Jaques and Atlas.
Several purchases in 2002 placed Terex amongst the leaders in their respective categories. Terex became an important crane company as Demag fills out the Terex Cranes product offerings. Advance Mixer places Terex within the concrete mixing business. Acquiring German suppliers Fuchs and Schaeff placed Terex in a top position in the Compact Equipment category. Genie became a leading manufacturer of Aerial Work Platforms. This busy year was completed business with the acquisitions of EPAC and Pacific Utility, which provided company-owned circulation for Terex Utilities.
Tatra, a maker of heavy-duty forklifts designed for on and off-road industrial and military applications were purchased in 2003. Acquiring Combatel and Commercial Body the same year allowed Terex to continue to expand its company-owned Terex Utilities supply.
In 2004, Terex acquired Reedrill, a producer of surface drilling equipment for application within the construction, utility and mining industries. Noble CE, which was referred to as Terex Mexico was also acquired this year. They manufacture high capacity surface mining trucks and also produce numerous items for other Terex businesses.
The definition of an axle is a central shaft for rotating a gear or a wheel. Where wheeled motor vehicles are concerned, the axle itself may be attached to the wheels and revolve along with them. In this particular situation, bearings or bushings are provided at the mounting points where the axle is supported. On the other hand, the axle could be connected to its surroundings and the wheels can in turn rotate around the axle. In this instance, a bearing or bushing is positioned inside the hole in the wheel to allow the gear or wheel to turn around the axle.
With cars and trucks, the term axle in several references is used casually. The term usually refers to the shaft itself, a transverse pair of wheels or its housing. The shaft itself revolves along with the wheel. It is frequently bolted in fixed relation to it and known as an 'axle' or an 'axle shaft'. It is likewise true that the housing surrounding it that is normally referred to as a casting is likewise known as an 'axle' or at times an 'axle housing.' An even broader sense of the term refers to 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.'
In a wheeled motor vehicle, axles are an essential part. With a live-axle suspension system, the axles serve in order to transmit driving torque to the wheel. The axles even maintain the position of the wheels relative to one another and to the motor vehicle body. In this particular system the axles should likewise be able to support the weight of the vehicle together with whichever cargo. 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 condition works only as a steering part and as suspension. Various front wheel drive cars consist of a solid rear beam axle.
There are other types of suspension systems where the axles operate just to transmit driving torque to the wheels. The position and angle of the wheel hubs is a function of the suspension system. This is usually found in the independent suspension seen in most new SUV's, on the front of many light trucks and on nearly all new cars. These systems still consist of a differential but it does not have fixed axle housing tubes. It could be attached to the vehicle body or frame or even can be integral in a transaxle.