Terex, headquartered in Norwalk, Connecticut, manufactures aerial work platforms and materials processing machinery, employing 10,200 people. Its segments include Materials Processing and Aerial Work Platforms, featuring products like cranes and utility equipment.
TEX has been in the news recently: Raimondi Cranes is set to acquire Terex Tower Cranes, Self-Erecting Cranes, and Rough Terrain Cranes, which will add 250 employees and enhance its global market position. The deal, which involves the sale of these businesses by Terex Corporation, is expected to close in late 2025.
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