About the company
Terex is a leading player in the global heavy equipment industry, with a diverse portfolio of products and a strong focus on customer needs. The company has a long history of growth through strategic acquisitions and divestitures, which has shaped its current composition. One of Terex's core segments is aerial work platforms. These platforms play a crucial role in construction, maintenance, and repairs in various industries. Terex offers a wide range of aerial work platforms, including boom lifts, scissor lifts, and vertical mast lifts. These platforms are designed to provide safe and efficient access to heights, enabling workers to perform tasks at elevated locations effectively. In addition to aerial work platforms, Terex is also a major player in materials processing equipment. This segment includes crushers, screens, and conveyors used in mining, quarrying, and recycling operations. Terex's equipment is known for its durability, reliability, and high performance, which allows customers to efficiently process and handle a wide range of materials. With the increasing demand for raw materials worldwide, Terex's materials processing equipment is essential for meeting this growing need. Terex's specialty equipment segment is another critical part of its business. This segment includes material handlers, cranes, and concrete mixer trucks. Material handlers are used in industries such as scrap recycling, port operations, and timber handling, providing efficient and precise material handling solutions. Terex's cranes are widely used in construction, energy, and infrastructure projects, offering lifting capabilities for heavy loads. Furthermore, Terex's concrete mixer trucks are indispensable in the construction industry, enabling the transportation and mixing of concrete on site. To strengthen its core offerings, Terex made strategic divestments of underperforming businesses in recent years. This shift in focus allowed the company to enhance its operational efficiency and concentrate on its key segments. By fine-tuning its portfolio, Terex can better serve its customers and leverage its expertise in the nonresidential construction sector, where demand for its products remains robust. The nonresidential construction industry is a significant driver for Terex's remaining segments. As urban development and infrastructure projects continue to expand globally, the need for reliable and high-quality heavy equipment is soaring. Terex's products are widely sought after by contractors, manufacturers, and energy companies involved in these projects. Another area where Terex sees heavy demand is in maintenance, manufacturing, energy, and materials management. In maintenance operations, Terex's equipment is essential for repairs, inspections, and upkeep of various structures and machinery. Manufacturers rely on Terex's machines to handle materials in their production processes efficiently. Energy companies benefit from Terex's equipment in activities such as oil and gas exploration, wind turbine installation, and power plant construction. Lastly, in materials management, Terex's products enable effective handling and processing of materials in industries such as mining, recycling, and bulk handling. As Terex continues to evolve and innovate, it remains committed to delivering high-quality products and services to its customers worldwide. Through its strategic acquisitions, divestitures, and focus on core segments, Terex is well-positioned to meet the growing demands of the global heavy equipment industry while providing solutions that enable its customers to work more efficiently and productively.
Website: https://www.terex.com
Data updated: June 2, 2026
