Terex
John Garrison, President and CEO
Terex manufactures aerial work platforms, telehandlers, utilities industry equipment, materials processing machinery, and tower and rough terrain cranes for construction, maintenance, manufacturing, energy, recycling, minerals and materials management applications. The Terex family of brands includes Genie, Powerscreen, Evoquip, Fuchs, Franna, CBI, Simplicity, and Canica.
For the full year 2021, Terex outperformed 2020: sales of $3.9 billion were up 26% year-over-year as end-markets recovered. The company expects its 2022 sales to be in the range of $4.1 to $4.3 billion.
In order to support demand for electric products, Terex currently offers electric options for approximately 60% of its material processing equipment, 66% of Genie scissors and 30% of Genie booms.
The company’s materials processing business is expanding the development of high-speed shredding product lines to be at the forefront of the recycling market. Manufacturing of high-speed shredder products will take place at a new, dedicated facility in Northern Ireland to support the ongoing growth and development of the Terex Ecotec brand.
