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Remaining a aggressive player in the industrial equipment sector, Terex is building a franchise under the Terex name brand. The company is incorporating their earlier brand names for many of their components in conjunction operations the Terex brand name for a smooth transition process. Currently, Terex goods are principally marketed under the Terex 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, purchasing 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 rapidly grew their mining and Crane business with the acquisition of O&K mining, TerexLift, Gru Comedil, 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 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 buying Fermac, a specialized manufacturer of tractor loader backhoes, in the year 2000, Terex stretched into the Compact Equipment market. 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, operations with the purchases of Bid-well, Load King, CMI, Jaques and Atlas.
A few of the acquisitions that took place in 2002 helped allow Terex to grow into a leader in their respective categories. Advance Mixer helped propel Terex into the concrete mixing industry, while Demag helped Terex Cranes become a leader in the crane industry. Buying German makers Fuchs and Schaeff positioned Terex in a top position in the Compact Equipment class. Genie became a principal producer of Aerial Work Platforms. This busy year was completed business with the purchases of EPAC and Pacific Utility, which supplied company-owned circulation for Terex Utilities.
Tatra, a producer of heavy-duty vehicles designed for on and off-road commercial and military applications were acquired in 2003. Buying Combatel and Commercial Body the same year allowed Terex to continue to expand its company-owned Terex Utilities supply.
In the year 2004, Terex purchased a producer of surface drilling equipment utilized in mining, construction and utility markets, called Reedrill. Also in the same year, Noble CE (formerly referred to as Terex Mexico) was purchased by Terex. They design high capacity surface mining vehicles and also produce many items for other Terex businesses.
The description of an axle is a central shaft intended for revolving a gear or a wheel. Where wheeled vehicles are concerned, the axle itself can be connected to the wheels and revolve together with them. In this case, bearings or bushings are provided at the mounting points where the axle is supported. Conversely, the axle may be fixed to its surroundings and the wheels may in turn rotate all-around the axle. In this case, a bushing or bearing is placed inside the hole inside the wheel so as to allow the wheel or gear to revolve all-around the axle.
With cars and trucks, the word axle in some references is used casually. The term normally means shaft itself, a transverse pair of wheels or its housing. The shaft itself turns along with the wheel. It is frequently 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 that is generally called a casting is also called an 'axle' or at times an 'axle housing.' An even broader sense of the word refers to every transverse pair of wheels, whether they are attached to one another or they are not. Hence, even transverse pairs of wheels inside an independent suspension are often referred to as 'an axle.'
In a wheeled vehicle, axles are an integral component. With a live-axle suspension system, the axles work so as to transmit driving torque to the wheel. The axles also 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 vehicle plus whatever load. 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 will be no shaft. The axle in this particular situation works just as a steering part and as suspension. Many front wheel drive cars have a solid rear beam axle.
There are different kinds of suspension systems wherein 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 often seen in the independent suspension found in nearly all new SUV's, on the front of many light trucks and on nearly all new cars. These systems still have a differential but it does not have attached axle housing tubes. It can be connected to the vehicle frame or body or even can be integral in a transaxle.