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Remaining a aggressive player in the industrial equipment sector, Terex is building a franchise under the Terex brand name. The company is incorporating their previous brand names for a lot of their items in conjunction business the Terex trade name for a smooth transition process. Currently, Terex products are principally marketed under the Terex brand name. Many 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 evolution, 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.
Acquiring O&K Mining and Payhauler in 1998, allowed Terex to nurture their mining business. The same year their crane offering expanded their operations radically 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 buying Fermac, a dedicated manufacturer of tractor loader backhoes, in the year 2000, Terex expanded into the Compact Equipment marketplace. 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.
A small number of the purchases that took place in 2002 made it easier for Terex to develop into a leader in their respective categories. Advance Mixer helped drive Terex into the concrete mixing market, while Demag helped Terex Cranes become a leader in the crane industry. Acquiring German suppliers Fuchs and Schaeff placed Terex in a top position in the Compact Equipment category. Genie became a principal producer of Aerial Work Platforms. This busy year was completed operations 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 produced heavy duty vehicles for military and off-road commercial purposes. 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 producer of surface drilling equipment used in mining, construction and utility markets, called Reedrill. Also in the same year, Noble CE (formerly known as Terex Mexico) was purchased by Terex. They manufacture high capacity surface mining trucks and also fabricate numerous components for other Terex businesses.
The definition of an axle is a central shaft utilized for rotating a wheel or a gear. Where wheeled vehicles are concerned, the axle itself could be connected to the wheels and rotate along with them. In this case, bushings or bearings are provided at the mounting points where the axle is supported. On the other hand, the axle can be connected to its surroundings and the wheels may in turn revolve all-around the axle. In this particular case, a bushing or bearing is situated inside the hole inside the wheel to be able to allow the gear or wheel to turn around the axle.
With trucks and cars, the term axle in several references is utilized casually. The word usually means shaft itself, a transverse pair of wheels or its housing. The shaft itself rotates along with the wheel. It is normally bolted in fixed relation to it and known as an 'axle shaft' or an 'axle.' It is also true that the housing around it that is usually referred to as a casting is otherwise referred to as an 'axle' or occasionally an 'axle housing.' An even broader sense of the word means every transverse pair of wheels, whether they are attached to one another or they are not. Thus, even transverse pairs of wheels inside an independent suspension are often known as 'an axle.'
In a wheeled motor vehicle, axles are an essential component. With a live-axle suspension system, the axles function to transmit driving torque to the wheel. The axles even maintain the position of the wheels relative to one another and to the vehicle body. In this system the axles must likewise be able to bear the weight of the motor vehicle plus whatever load. In a non-driving axle, like for instance the front beam axle in various two-wheel drive light vans and trucks and in heavy-duty trucks, there would be no shaft. The axle in this particular condition serves only as a steering part and as suspension. Various front wheel drive cars consist of a solid rear beam axle.
There are different types of suspension systems where the axles work just to transmit driving torque to the wheels. The angle and position of the wheel hubs is a function of the suspension system. This is often seen in the independent suspension seen in nearly all brand new SUV's, on the front of numerous light trucks and on nearly all brand new cars. These systems still consist of a differential but it does not have fixed axle housing tubes. It can be connected to the vehicle body or frame or also can be integral in a transaxle.