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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 products used in conjunction operations the brand Terex. Currently, Terex goods are principally marketed under the Terex 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 had a steady evolution cycle. In 1995 Terex acquired PPM Cranes, in 1996, then Terex divested Clark Material Handling. 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, allowed Terex to nurture their mining operations. The same year their crane offering expanded their operations radically 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 market by acquiring Cedarapids, Powerscreen, BL Pegson, Re-Tech, and Finlay. Franna, Kooi and Princeton crane suppliers were also added to Terex in 1999.
By acquiring Fermac, a dedicated maker of tractor loader backhoes, in the year 2000, Terex expanded into the Compact Equipment marketplace. Their Light Construction operations continued to expand operations with the acquisition of Coleman Engineering. This same year, Terex divested Moffett, Kooi and Princeton.
Terex beefed up its Roadbuilding division in 2001, business with the acquisitions of Bid-well, Load King, CMI, Jaques and Atlas.
Single ratio transmissions exist, and they work by changing the speed and torque of motor output. Many transmissions have multiple gear ratios and can switch between them as their speed changes. This gear switching could be done manually or automatically. Forward and reverse, or directional control, could be supplied too.
The transmission in motor vehicles will typically attach to the engines crankshaft. The output travels through the driveshaft to one or more differentials in effect driving the wheels. A differential's main purpose is to be able to alter the rotational direction, even if, it can even supply gear reduction too.
Torque converters, power transformation and hybrid configurations are different alternative instruments for torque and speed adaptation. Standard gear/belt transmissions are not the only device offered.
The simplest of transmissions are simply referred to as gearboxes and they provide gear reductions in conjunction with right angle change in the direction of the shaft. At times these simple gearboxes are utilized on PTO machines or powered agricultural machines. The axial PTO shaft is at odds with the normal need for the driven shaft. This particular shaft is either vertical, or horizontally extending from one side of the implement to another, which depends on the piece of equipment. Silage choppers and snow blowers are examples of more complicated equipment which have drives supplying output in many directions.