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Remaining a competitive player in the industrialized equipment sector, Terex is building a franchise under the Terex name brand. The business is incorporating their previous brand names for some of their items in conjunction business the Terex trade name for a smooth transition process. Presently, 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 had a steady growth sequence. 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, allowed Terex to mature 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 soon became a leader within the crushing and screening market by acquiring Cedarapids, Powerscreen, BL Pegson, Re-Tech, and Finlay. Franna, Kooi and Princeton crane companies were also added to Terex in 1999.
By acquiring Fermac, a specialized producer of tractor loader backhoes, in the year 2000, Terex expanded into the Compact Equipment market. Their Light Construction business continued to expand business with the acquisition of Coleman Engineering. This same year, Terex divested Moffett, Kooi and Princeton.
Terex added to its Roadbuilding division in 2001, business with the purchases of Bid-well, Load King, CMI, Jaques and Atlas.
A couple of of the acquisitions that took place in 2002 helped allow Terex to develop into a leader in their respective categories. Advance Mixer helped thrust Terex into the concrete mixing market, while Demag helped Terex Cranes become a leader in the crane industry. Buying German suppliers Fuchs and Schaeff placed Terex in a top position in the Compact Equipment category. Genie became a principal manufacturer of Aerial Work Platforms. This busy year was completed business with the acquisitions of EPAC and Pacific Utility, which offered 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 commercial 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 maker of surface drilling equipment 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 produce several parts for other Terex companies.
Axles are defined by a central shaft that turns a gear or a wheel. The axle on wheeled vehicles could be connected to the wheels and revolved together with them. In this particular instance, bushings or bearings are provided at the mounting points where the axle is supported. On the other hand, the axle may be fixed to its surroundings and the wheels could in turn rotate around the axle. In this particular instance, a bushing or bearing is situated within the hole inside the wheel so as to allow 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 word means the shaft itself, a transverse pair of wheels or its housing. The shaft itself revolves with the wheel. It is usually bolted in fixed relation to it and referred to as an 'axle shaft' or an 'axle.' It is equally true that the housing surrounding it which is usually referred to as a casting is otherwise known as an 'axle' or sometimes an 'axle housing.' An even broader definition of the word means every transverse pair of wheels, whether they are attached to one another or they are not. Hence, even transverse pairs of wheels within an independent suspension are often referred to as 'an axle.'
The axles are an important component in a wheeled vehicle. The axle serves 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 also be able to support the weight of the motor vehicle together with whichever load. In a non-driving axle, as in the front beam axle in various two-wheel drive light vans and trucks and in heavy-duty trucks, there will be no shaft. The axle in this condition works just as a steering component and as suspension. Various front wheel drive cars have a solid rear beam axle.
There are various kinds of suspension systems wherein the axles serve only to transmit driving torque to the wheels. The angle and position of the wheel hubs is a function of the suspension system. This is normally found in the independent suspension seen in nearly all brand new SUV's, on the front of various light trucks and on the majority of brand new cars. These systems still have a differential but it does not have fixed axle housing tubes. It can be attached to the vehicle body or frame or even can be integral in a transaxle.