Terex Corp - Company Profile
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Terex Corp (Terex) is a manufacturer of aerial work and material processing products. Its product portfolio includes cranes, concrete products, material handlers, tower cranes, wood processing, industrial cranes, aerial devices, digger derricks, telescopic booms, and scissor lifts. The company markets its products under Terex, Genie, Fuchs, Powerscreen, Canica, Cedarapids, CBI, EvoQuip, Simplicity, Terex Ecotec, Franna, Terex MPS, Terex Jaques, Terex Washing Systems, Terex Conveying Systems, Terex Advance, Terex Bid-Well, and ProStacktm brand names. It also offers financial services, which provides financial products and services to assist in the acquisition of equipment. The company serves wide range of industries including infrastructure, construction, maintenance, manufacturing, transportation, shipping, energy, utilities, quarrying and mining. Terex is headquartered in Norwalk, Connecticut, the US.
Headquarters
United States of America
Address
4th Floor, 301 Merritt 7, Norwalk, Connecticut, 6850
Website
www.terex.com
Telephone
1 203 2227170
No of Employees
10,700
Industry
Industrial Goods and Machinery
Ticker Symbol & Exchange
TEX (NYSE)
Revenue (2024)
$5.4B
5.7%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
-34%
(2024 vs 2023)
Market Cap*
$8.3B
Net Profit Margin (2024)
XYZ
-37.5%
(2024 vs 2023)
* As of and is in US$
Terex Corp premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Aerial Work Platforms: | Financing Services | Terex |
| Portable Material Lifts | Equipment Services | Genie |
| Portable Aerial Work Platforms | Fuchs | |
| XYZ | XYZ | |
| XYZ | XYZ | |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | Acquisitions/Mergers/Takeovers | In February, the company merged with REV Group, an equipment manufacturer. |
| 2025 | Contracts/Agreements | In September, the company entered into an agreement to sell its Terex Tower and Rough Terrain Cranes businesses to Raimondi Cranes SpA. |
| 2025 | Corporate Changes/Expansions | In September, the company's ZenRobotics and Terex Recycling Systems expanded into Australia. |
Competitor Comparison
| Key Parameters | Terex Corp | Caterpillar Inc | Sany Group Co Ltd | Liebherr-International AG | Sandvik AB |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | China | Switzerland | Sweden |
| City | Norwalk | Irving | Changsha | Bulle | Stockholm |
| State/Province | Connecticut | Texas | Hunan | Freiburg | - |
| No. of Employees | 10,700 | 118,000 | - | 54,728 | 41,801 |
| Entity Type | Public | Public | Private | Private | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Simon A. Meester | Chief Executive Officer; Director; President | Executive Board | 2024 | 55 |
| Jennifer Kong-Picarello | Chief Financial Officer; Senior Vice President | Senior Management | 2025 | 46 |
| Amy J. George | Chief Human Resources Officer; Senior Vice President | Senior Management | 2019 | 63 |
| David Jutcawitz | Chief Digital Officer; Senior Vice President | Senior Management | 2024 | - |
| Namita Jindal | Chief AI and Data Officer; Senior Vice President | Senior Management | 2026 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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