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Remaining a competitive player in the industrialized equipment sector, Terex is building a franchise under the Terex name brand. The company is incorporating their previous brand names for many of their items in conjunction operations the Terex trade name for a smooth transition process. Currently, Terex products are principally marketed under the Terex brand name. Several 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 had a steady growth sequence. In 1995 Terex acquired PPM Cranes, in 1996, then Terex divested Clark Material Handling. In 1997 Terex acquires Telelect and Simon-RO. BPI Handlers in Baraga, Michigan is also acquired this same year.
Buying O&K Mining and Payhauler in 1998, enabled Terex to grow 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 Building 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 suppliers were also added to Terex in 1999.
By acquiring Fermac, a specialized manufacturer of tractor loader backhoes, in the year 2000, Terex expanded into the Compact Equipment industry. Their Light Construction business continued to expand operations with the acquisition of Coleman Engineering. This same year, Terex divested Moffett, Kooi and Princeton.
In 2001, Terex expanded their Roadbuilding division operations with the acquisitions of CMI, Bid-Well, Load King, Atlas and Jaques.
A small number of the acquisitions that took place in 2002 helped allow Terex to develop into a leader in their respective categories. Advance Mixer helped drive Terex into the concrete mixing industry, while Demag helped Terex Cranes become a leader in the crane industry. Buying German manufacturers Fuchs and Schaeff positioned 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 purchases of EPAC and Pacific Utility, which provided company-owned circulation for Terex Utilities.
A company called Tatra was acquired in 2003. This company produced heavy duty vehicles for armed forces and off-road industrial purposes. Acquiring 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 manufacturer of surface drilling equipment utilized in mining, construction and utility industries, called Reedrill. Also in the same year, Noble CE (formerly known as Terex Mexico) was acquired by Terex. They produce high capacity surface mining trucks and also produce many components for other Terex companies.
Axles are defined by a central shaft which rotates a wheel or a gear. The axle on wheeled vehicles could be attached to the wheels and rotated along with them. In this instance, bearings or bushings are provided at the mounting points where the axle is supported. On the other hand, the axle can be attached to its surroundings and the wheels could in turn revolve all-around the axle. In this situation, a bearing or bushing is located within the hole inside the wheel to enable the gear or wheel to rotate around the axle.
When referring to trucks and cars, several references to the word axle co-occur in casual usage. Usually, the term refers to the 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 known as an 'axle shaft' or an 'axle.' It is also true that the housing around it that is generally referred to as a casting is also called 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. Hence, even transverse pairs of wheels within an independent suspension are often referred to as 'an axle.'
In a wheeled motor vehicle, axles are an important component. With a live-axle suspension system, the axles function so as to transmit driving torque to the wheel. The axles even maintain the position of the wheels relative to one another and to the motor vehicle body. In this particular system the axles must likewise be able to support the weight of the motor vehicle together with any cargo. In a non-driving axle, like the front beam axle in some two-wheel drive light vans and trucks and in heavy-duty trucks, there would be no shaft. The axle in this situation works just as a steering part and as suspension. Several front wheel drive cars consist of a solid rear beam axle.
The axle works just to transmit driving torque to the wheels in several kinds of suspension systems. The position and angle of the wheel hubs is part of the functioning of the suspension system seen in the independent suspensions of newer SUVs and on the front of many new light trucks and cars. These systems still consist of a differential but it does not have fixed axle housing tubes. It could be fixed to the vehicle body or frame or also could be integral in a transaxle.