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Terex has remained a competitive player in the materials handling and industrialized equipment sector. They are working towards building a franchise under the brand name Terex by incorporating all of their preceding brand names for many of the goods used in conjunction operations the brand Terex. Presently, Terex products are principally marketed under the Terex brand 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.
Terex promptly grew their mining and Crane business with the acquisition of O&K mining, TerexLift, Gru Comedil, American Crane and Peiner. A Light Construction business soon followed in 1999 when Terex acquired Amida, Bartell and Benford. They quickly became a leader within the crushing and screening market by buying Cedarapids, Powerscreen, BL Pegson, Re-Tech, and Finlay. Franna, Kooi and Princeton crane manufacturers were also added to Terex in 1999.
By the year 2000, Terex extended into the Compact Equipment market, buying Fermac who is a manufacturer specializing in tractor loader backhoes. 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, operations 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 consist of multiple gear ratios and can switch between them as their speed changes. This gear switching can be done manually or automatically. Forward and reverse, or directional control, may be supplied also.
The transmission in motor vehicles would usually attach to the engines crankshaft. The output travels via the driveshaft to one or more differentials in effect driving the wheels. A differential's main function is to be able to change the rotational direction, although, it can likewise supply gear reduction too.
Power transformation, hybrid configurations and torque converters are other alternative instruments utilized for torque and speed adaptation. Traditional gear/belt transmissions are not the only machinery existing.
Gearboxes are referred to as the simplest transmissions. They supply gear reduction frequently in conjunction with a right angle change in the direction of the shaft. Frequently gearboxes are used on powered agricultural machinery, otherwise referred to as PTO machinery. The axial PTO shaft is at odds with the usual need for the driven shaft. This shaft is either horizontal or vertically extending from one side of the implement to another, that depends on the piece of machine. Silage choppers and snow blowers are examples of much more complex machines which have drives supplying output in several directions.