Terex (NYSE:TEX) is a global manufacturer of lifting and material-handling plant and equipment, serving a range of industries that includes construction, infrastructure, energy, manufacturing and shipping logistics. Its product portfolio encompasses aerial work platforms, rough terrain and tower cranes, port and cargo handling equipment, material processing machinery and utility products. These offerings are marketed under well-known brands such as Genie®, Terex® AWP, Terex® Cranes, Demag®, and Powerscreen®, and are designed to meet diverse application requirements from building sites to industrial facilities and ports.
Headquartered in Westport, Connecticut, Terex traces its roots back to 1933 and has grown through strategic acquisitions and organic expansion. The company became part of General Motors in the 1980s and was spun off as an independent, publicly traded entity in 1986. Over the decades, Terex has established manufacturing, sales and service operations across North America, Europe, Asia-Pacific, the Middle East and Africa, enabling localized support and rapid response to customer needs. In recent years, the company has focused on streamlining its product lines and investing in digital tools for equipment monitoring, maintenance and aftermarket service.
Leadership at Terex is headed by President and Chief Executive Officer John L. Garrison III, supported by a team of executives responsible for finance, operations, engineering and global sales. Under their guidance, the company has prioritized operational efficiency, safety and sustainability, while pursuing growth in emerging markets and expanding its service footprint. Continued investment in research and development aims to deliver next-generation machines that minimize environmental impact and enhance productivity for customers worldwide.
