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Terex has remained a competitive player in the materials handling and industrialized equipment sector. They are working towards forming a franchise under the name brand Terex by incorporating all of their preceding brand names for many of the goods used in conjunction business the brand Terex. Presently, Terex products are principally marketed under the Terex brand name. Several of the following historic name brands and transitional names include: ATC, Amida, American Truck Company, American, Advance, Bartell, Benford, Bendini, Bid-Well, CMI, CMI-Cifali, CMI Johnson-Ross, Cedarapids, Canica, Comedil, Demag, ELJay, Franna, Fermac, Finlay, Fuchs, Genie, Hi-Ranger, Jaques, Load King, Morrison, O&K, Peiner, PPM, Powerscreen, Pegson, Reedrill, Schaeff, Simplicity, Standard Havens, Tatra, TerexLift, Telelect and Unit Rig.
Terex has shown steady development, buying PPM Cranes, in 1995 while divesting Clark Material Handling in 1995. In 1997 Terex acquires Telelect and Simon-RO. BPI Handlers in Baraga, Michigan is also acquired this same year.
Terex rapidly grew their mining and Crane operations with the acquisition of O&K mining, TerexLift, Gru Comedil, American Crane and Peiner. A Light Building business soon followed in 1999 when Terex acquired Amida, Bartell and Benford. They soon became a leader within the crushing and screening market by acquiring Cedarapids, Powerscreen, BL Pegson, Re-Tech, and Finlay. Franna, Kooi and Princeton crane companies were also added to Terex in 1999.
By purchasing Fermac, a dedicated producer of tractor loader backhoes, in the year 2000, Terex stretched into the Compact Equipment marketplace. Their Light Construction business continued to expand business with the acquisition of Coleman Engineering. This same year, Terex divested Moffett, Kooi and Princeton.
Terex beefed up its Roadbuilding division in 2001, operations with the purchases of Bid-well, Load King, CMI, Jaques and Atlas.
There are single ratio transmissions that perform by changing the speed and torque of motor output. There are many various gear transmissions that could shift among ratios as their speed changes. This gear switching can be carried out manually or automatically. Forward and reverse, or directional control, can be supplied also.
In motor vehicles, the transmission is usually attached to the crankshaft of the engine. The transmission output travels through the driveshaft to one or more differentials and this process drives the wheels. A differential's main purpose is to adjust the rotational direction, although, it can even supply gear reduction as well.
Torque converters, power transmission as well as different hybrid configurations are other alternative instruments for torque and speed adaptation. Standard gear/belt transmissions are not the only machinery obtainable.
The simplest of transmissions are simply called gearboxes and they supply gear reductions in conjunction with right angle change in the direction of the shaft. At times these simple gearboxes are used on PTO equipment or powered agricultural equipment. The axial PTO shaft is at odds with the usual need for the powered shaft. This shaft is either vertical, or horizontally extending from one side of the implement to another, depending on the piece of machine. Silage choppers and snow blowers are examples of more complicated equipment that have drives supplying output in various directions.