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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 brand name Terex by incorporating all of their previous brand names for many of the goods used in conjunction business the brand Terex. Presently, Terex goods are principally marketed under the Terex name. A number of of the following historic brand names 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 growth, purchasing 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.
Buying O&K Mining and Payhauler in 1998, enabled Terex to cultivate their mining business. The same year their crane offering expanded their operations greatly with the acquisitions of Gru Comedil, TerexLift, American Crane and Peiner. A Light Construction business soon followed in 1999 when Terex acquired Amida, Bartell and Benford. They soon became a leader within the crushing and screening industry by buying Cedarapids, Powerscreen, BL Pegson, Re-Tech, and Finlay. Franna, Kooi and Princeton crane manufacturers were also added to Terex in 1999.
By acquiring Fermac, a specialized producer of tractor loader backhoes, in the year 2000, Terex stretched into the Compact Equipment market. Their Light Construction operations continued to expand business with the acquisition of Coleman Engineering. This same year, Terex divested Moffett, Kooi and Princeton.
In 2001, Terex expanded their Roadbuilding division business with the acquisitions of CMI, Bid-Well, Load King, Atlas and Jaques.
There are single ratio transmissions that work by changing the torque and speed of motor output. There are numerous multiple gear transmissions with the ability to shift between ratios as their speed changes. This gear switching can be done by hand or automatically. Forward and reverse, or directional control, could be provided also.
The transmission in motor vehicles will generally connect to the engines crankshaft. The output travels through the driveshaft to one or more differentials in effect driving the wheels. A differential's most important purpose is to be able to change the rotational direction, although, it could even provide gear reduction too.
Torque converters, power transformation and hybrid configurations are different alternative instruments for torque and speed change. Conventional gear/belt transmissions are not the only mechanism presented.
The simplest of transmissions are simply known as gearboxes and they provide gear reductions in conjunction with right angle change in the direction of the shaft. Every so often these simple gearboxes are used on PTO machinery or powered agricultural machines. The axial PTO shaft is at odds with the usual need for the powered shaft. This shaft is either horizontal or vertically extending from one side of the implement to another, depending on the piece of machine. Silage choppers and snow blowers are examples of much more complicated machines which have drives supplying output in several directions.