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Terex has remained a competitive player in the materials handling and industrialized equipment sector. They are working towards forming a franchise under the name brand Terex by incorporating all of their preceding brand names for many of the goods used in conjunction business the brand Terex. Currently, Terex products are principally marketed under the Terex brand name. A number of of the following historic name brands 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, buying 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 cultivate their mining operations. The same year their crane offering expanded their operations significantly 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 soon became a leader within the crushing and screening market by acquiring Cedarapids, Powerscreen, BL Pegson, Re-Tech, and Finlay. Franna, Kooi and Princeton crane manufacturers were also added to Terex in 1999.
By buying Fermac, a specialized producer of tractor loader backhoes, in the year 2000, Terex stretched into the Compact Equipment market. 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.
Single ratio transmissions exist, and they function by changing the speed and torque of motor output. Many transmissions consist of multiple gear ratios and can switch between them as their speed changes. This gear switching can be done automatically or manually. Forward and reverse, or directional control, can be provided as well.
The transmission in motor vehicles would generally attach to the engines crankshaft. The output travels via the driveshaft to one or more differentials in effect driving the wheels. A differential's main purpose is to change the rotational direction, even though, it could likewise supply gear reduction too.
Torque converters, power transmission and various hybrid configurations are other alternative instruments for torque and speed adjustment. Regular gear/belt transmissions are not the only machine accessible.
The simplest of transmissions are simply called gearboxes and they provide gear reductions in conjunction with right angle change in the direction of the shaft. Sometimes these simple gearboxes are used on PTO equipment or powered agricultural machines. The axial PTO shaft is at odds with the common need for the powered shaft. This shaft is either vertical, or horizontally extending from one side of the implement to another, that depends on the piece of equipment. Silage choppers and snow blowers are examples of more complicated equipment that have drives providing output in multiple directions.
