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Terex cancels potential agreement with Zoomlion

Terex Corp. ended discussions with Zoomlion Heavy Industry Science and Technology Co. regarding the potential purchase of Terex. The sale of the company’s Material Handling and Port Solutions (MHPS) business segment to Konecranes is still going to proceed as planned,… Keep Reading

Terex Corp. ends merger with Konecranes

Terex Corp. and Konecranes mutually agreed to terminate their merger without the payment of a fee by either party. The two companies initially entered into a merger on Aug. 10, 2015. Terex says it signed a definitive agreement to sell its material handling and… Keep Reading

Terex Washing Systems to host customer day in Germany

Terex Washing Systems (TWS) is set to host its customer day event June 1-2 in Germany. The event will be hosted in association with TWS’ distributor, Christophel and Water Treatment Co., Matec. TWS also hosted a dealer day in March… Keep Reading

Terex MPS launches two new plants

Terex Minerals Processing Systems (Terex MPS) released the CRC1150 portable cone plant and CRH1313R portable impactor and screen plant. The Cedarapids CRC1150 portable cone plant delivers big production at a practical price, Terex MPS reports. The portable cone plant features… Keep Reading

Terex Materials Processing unveils parts facility

Terex Materials Processing opened a global parts facility in Dungannon, Northern Ireland. According to Terex Corp., the company invested more than $7.2 million in the facility. The facility property consists of a main office block of 10,300 sq. ft. The facility… Keep Reading

Terex Corp. receives acquisition proposal from Zoomlion

Terex Corp. received an unsolicited, non-binding acquisition proposal from Zoomlion Heavy Industry Science and Technology Co. to acquire all of the outstanding shares of Terex for $30 in cash. According to the company, the proposal is conditioned on receipt of… Keep Reading

Terex Washing Systems, dealer to host California event

Terex Washing Systems and Powerscreen California & Hawaii will host an open event March 17 in conjunction with Powerscreen and Terex Environmental Equipment in Napa Valley, Calif. The event will mark the 30th anniversary of Powerscreen California & Hawaii. Attendees… Keep Reading

Terex Finlay adds tracked mobile cone crusher to its line

Terex Finlay debuted the C-1554 cone crusher in its range of tracked mobile cone crushers. The C-1554 features large reduction ratios and produces cubically shaped material for the surface ore mining and aggregate industries, according to the company. The machine… Keep Reading

Terex names CEO, president

Terex Corp. named John L. Garrison Jr. CEO and president effective Nov. 2. Garrison will succeed outgoing CEO Ronald M. DeFeo, who will continue to serve as the company's executive chairman through the end of the calendar year. DeFeo will… Keep Reading

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