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Remaining a aggressive player in the industrial equipment sector, Terex is forming a franchise under the Terex brand name. The company is incorporating their earlier brand names for some of their items in conjunction business the Terex trade name for a smooth transition process. Presently, 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 shown steady growth, acquiring 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 promptly grew their mining and Crane business with the acquisition of O&K mining, TerexLift, Gru Comedil, American Crane and Peiner. A Light Building business soon followed in 1999 when Terex acquired Amida, Bartell and Benford. They quickly became a leader within the crushing and screening market by buying Cedarapids, Powerscreen, BL Pegson, Re-Tech, and Finlay. Franna, Kooi and Princeton crane manufacturers were also added to Terex in 1999.
By acquiring Fermac, a dedicated maker of tractor loader backhoes, in the year 2000, Terex stretched into the Compact Equipment industry. Their Light Construction business 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 business with the acquisitions of CMI, Bid-Well, Load King, Atlas and Jaques.
Several acquisitions in 2002 placed Terex among the leaders in their respective categories. Terex became a leading crane company as Demag fills out the Terex Cranes product offerings. Advance Mixer places Terex in the concrete mixing business. Acquiring German suppliers Fuchs and Schaeff positioned Terex in a top position in the Compact Equipment class. Genie became a principal manufacturer of Aerial Work Platforms. This busy year was completed operations with the acquisitions of EPAC and Pacific Utility, which supplied company-owned circulation for Terex Utilities.
A company called Tatra was acquired in 2003. This company produced heavy duty vehicles for military and off-road commercial applications. Buying Combatel and Commercial Body the same year allowed Terex to continue to expand its company-owned Terex Utilities distribution.
In the year 2004, Terex purchased a manufacturer of surface drilling equipment utilized in mining, construction and utility industries, called Reedrill. Also in the same year, Noble CE (formerly known as Terex Mexico) was purchased by Terex. They produce high capacity surface mining trucks and also produce many parts for other Terex businesses.
Axles are defined by a central shaft that rotates a wheel or a gear. The axle on wheeled vehicles can be attached to the wheels and rotated together with them. In this particular case, bushings or bearings are provided at the mounting points where the axle is supported. On the other hand, the axle could be fixed to its surroundings and the wheels could in turn revolve all-around the axle. In this particular instance, a bearing or bushing is located within the hole within the wheel to allow the wheel or gear to turn around the axle.
With cars and trucks, the term axle in several references is utilized casually. The word normally means shaft itself, a transverse pair of wheels or its housing. The shaft itself revolves together with the wheel. It is frequently bolted in fixed relation to it and known as an 'axle shaft' or an 'axle.' It is also true that the housing surrounding it which is normally known as a casting is also referred to as an 'axle' or at times 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 essential component in a wheeled motor vehicle. The axle works in order 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 motor vehicle body. In this system the axles should also be able to bear the weight of the motor vehicle along with whichever load. In a non-driving axle, as in the front beam axle in some 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 component and as suspension. Various front wheel drive cars have a solid rear beam axle.
There are other kinds of suspension systems where the axles work only to transmit driving torque to the wheels. The position and angle of the wheel hubs is a function of the suspension system. This is often found in the independent suspension found in most new SUV's, on the front of several light trucks and on nearly all brand new cars. These systems still have a differential but it does not have fixed axle housing tubes. It could be fixed to the vehicle body or frame or likewise could be integral in a transaxle.