Terex
From Wikipedia, the free encyclopedia
| Terex Corporation | |
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| Type | Public (NYSE: TEX) |
| Founded | 1925 |
| Headquarters | World Headquarters Westport, Connecticut, USA |
| Industry | Construction, Forestry, Government & Military, Mining, Quarry & Aggregates, Recycling and Waste Management, Roads & Bridges, Utility |
| Employees | 20,000 |
| Website | www.Terex.com |
Terex Corporation is a diversified global manufacturer of a broad range of heavy equipment for a variety of industries, including construction, infrastructure, quarrying, recycling, surface mining, shipping, transportation, refining, utility and maintenance. The company's major business segments include aerial work platforms, construction, cranes, materials processing & mining, and roadbuilding and utility products. Terex has more than 18,000 employees known as team members and operates 50 manufacturing facilities in North America, South America, Europe, Asia and Australia. Terex sells its products in more than 170 countries.
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[edit] Worldwide brands
Through the integration of some of the most respected companies in the industry, the Terex family of brands provides a diverse and comprehensive product line backed by years of innovation, technical expertise, and sound quality.[1]
[edit] Ohio connection
Terex was formerly a division of General Motors, the General Motors Euclid Division. The plant was established in Hudson, Ohio (on land then part of Hudson Township) in 1957. A bypass connecting Ohio State Route 303 to Ohio State Route 91 was built and named Terex Road. The plant closed in the late 1980s.
In the 1970s, Terex produced the world's largest truck, the Terex Titan. The single prototype produced served until 1990.
Post-GM, much of Terex' "street legal" product use various configurations of Ford truck chassis.
[edit] Culture of continuous improvement
As a company whose brand is evolving with the organization, Terex is committed to growth through continuous improvement in all aspects of its business. In 2005, the company introduced its blueprint for growth called the Terex Business System (TBS).[2] TBS is built on four pillars that are key elements of its operating culture: customer focus, planning and deployment, operational excellence across the value chain, and new product and service development. In turn, excellence in these areas is built on a foundation of commitment to leadership, superb human resource practices, and customer-driven business processes whose centerpiece is continuous improvement.
In his chairman’s message opening the company’s 2006 annual report, Ronald DeFeo wrote, “We continue to view Terex as a young company, with significantly more potential in front of us than past success behind us. There is no doubt that Terex is maturing. We are building the operating capability and strength of our franchise, We are doing this with great leadership and a global footprint. And we are still in the early days of this evolution.”[3]
[edit] References
- ^ Terex Brands. Retrieved on 2007-06-25
- ^ Terex Business System. Retrieved on 2006-06-25
- ^ Ronald DeFeo. Retrieved on 2007-06-25.
[edit] External links
Aerial photos of former plant:
- Terex is at coordinates Coordinates:
