Terex Corporation is an American company, manufacturer of construction and other industrial equipment. This corporation owns about 50 factories in North and South America, Europe, Asia and Australia.
In August 2015, Terex's shares were swapped with Finnish hoisting equipment Konecranes. The merger was planned to take place in the first half of 2016
The company was established in 1925 as a division of General Motors . The first production facilities of the company appeared in 1957 in Hudson, Ohio. Since 1980, Terex has become an independent company .
Between 1995 and 1999, the company acquired a number of construction equipment companies from the United States, Europe and Australia. In the 1990s, the holding included: PPM, American Crane, Peiner, Gru Comedil S.r.l., Franna, Princeton and Kooi. And in 2002, after purchasing the German Demag, the company took the third place in the world in the production of tower cranes.
Terex products include a wide range of machinery and equipment for the road construction, mining, oil production, transportation, processing industries, as well as utilities. It is sold in more than 170 countries around the world.