Terex Corporation TEX

Company Overview

Terex Corporation is a U.S.-based global manufacturer of industrial equipment primarily serving the construction, materials processing, infrastructure, utilities, and industrial markets. The company designs, manufactures, and supports machinery used for lifting, moving, and processing materials, with demand closely tied to construction activity, infrastructure investment, and industrial capital spending.

Terex operates through two primary business segments—Aerial Work Platforms and Materials Processing—which together represent the company’s core revenue drivers. Its products are sold to equipment rental companies, construction contractors, aggregates producers, and industrial operators. Terex is recognized for strong brand equity through established product lines such as Genie, Powerscreen, and Terex Utilities, and it maintains a competitive position through engineering expertise, global distribution, and an aftermarket parts and services network. The company traces its roots to 1933 and adopted the Terex name in 1957 under General Motors ownership before becoming an independent public company in 1986.