Terex

What Terex does

Terex Corporation (NYSE: TEX) is a diversified global specialty equipment manufacturer headquartered in Norwalk, Connecticut, operating across four primary platforms: Specialty Vehicles (fire apparatus and ambulances from E-ONE, American Emergency Vehicles, Horton, Road Rescue, Wheeled Coach following the February 2026 merger with REV Group); Materials Processing (crushing, screening, washing, and material handling equipment under brands including Powerscreen, Finlay, EvoQuip, MDS, Terex MPS, Terex Ecotec, CBI, Terex Washing Systems, Advance, Bid-Well, Franna, Fuchs, ProStack, Cedarapids, MAGNA, and ZenRobotics); Environmental Solutions (waste collection trucks from Heil, compactors from Marathon Equipment, automated side loaders from Curotto-Can, and 3rd Eye monitoring systems, acquired from Dover Corporation in July 2024 for $2B); and Aerials (aerial work platforms under the Genie brand, including telescopic boom lifts and scissor lifts). The company serves end markets including construction, utilities, emergency services, environmental/waste management, quarrying, mining, and aggregates, with manufacturing operations in the United States, Mexico, Europe (UK, Ireland, Italy, Netherlands), India, and Asia-Pacific.

Terex generates revenue primarily through hardware sales of specialized equipment and recurring parts/services revenue via its global dealer network, parts.terex.com platform, and aftermarket support infrastructure. Pricing is quote-based given the bespoke nature of equipment. The company has developed proprietary technology including TRAC vibration analysis, Connec-T telematics with AI-enabled diagnostics, lithium-ion battery solutions (Genie S-85 XC FE), and the first fully electric bucket truck commercialized in 2022. Go-to-market relies on a global dealer and rental partner network supplemented by direct sales for specialty vehicles, with active participation in industry trade shows (CONEXPO-CON/AGG, FDIC International, ARA Show). Quarterly dividends of $0.17 per share and $2.1B returned to shareholders since 2015 through buybacks and dividends indicate a mature capital return discipline.

Following the $9B REV Group merger in February 2026, pro-forma revenue guidance for FY2026 is $7.5–8.1B versus FY2025 net sales of $5.4B, with EBITDA guidance of $930M–$1B. The combined company maintains 10,000+ employees and operates across more than 30 wholly-owned brand subsidiaries. Recent portfolio actions include the January 2026 divestiture of Tower and Rough Terrain Cranes to Raimondi Cranes and February 2026 sale of Midwest Automotive Designs to Alliance RV, indicating active portfolio optimization around non-discretionary and specialty equipment verticals.

Name

Terex

Legal name

Terex Corporation

Website

https://terex.com

Company type

Public

Founded year

1930

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

Terex Corporation is a diversified global specialty equipment manufacturer serving emergency services, waste management, utilities, construction, quarrying, and aggregates through brands like Genie, Powerscreen, Heil, E-ONE, and Terex MPS, distributing via a global dealer network.

Ownership category

akta.pro rank

Product category

Specialty Industrial Equipment Manufacturing

NAICS

Motor Vehicle Body and Trailer Manufacturing (33621), Motor Vehicle Parts Manufacturing (3363), Commercial and Service Industry Machinery Manufacturing (33331), Commercial and Service Industry Machinery Manufacturing (333310)

SIC

Truck & Bus Bodies (3713), Construction Machinery & Equip (3531), Misc Industrial & Commercial Machinery & Equipment (3590), Construction, Mining & Materials Handling Machinery & Equip (3530)

akta.pro primary industry

Truck Body & Upfit Manufacturing (Box/Dump/Service/Refuse) (IMACAGAC)

akta.pro secondary industries

Specialty Vehicle Body Manufacturing (Emergency/Military/Mobile Clinics) (IMACAGAD), Aftermarket Towing, Hauling & Utility Accessories Manufacturing (Hitches/Winches/Trailer Wiring/Cargo Carriers) (IMACANAO)

Keywords

• Specialty equipment manufacturing
• Aerial work platforms
• Materials processing equipment
• Environmental solutions vehicles
• Emergency response vehicles

Headquarters

HQ city

Westport

HQ country

United States

HQ region

North America

Offices13 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Equipment Sales: Sale of specialized equipment including aerial work platforms (Genie), materials processing equipment (Powerscreen, Finlay, EvoQuip, MDS, Terex MPS, Terex Ecotec, CBI), specialty vehicles (fire apparatus, ambulances), environmental solutions (waste collection trucks, compactors), utility equipment, and material handling equipment (Fuchs, Franna).
2. Parts and Services: Genuine replacement parts and aftermarket support services for equipment lifecycle maintenance. Terex operates parts.terex.com for parts distribution.
3. Quarterly Dividends: Routine quarterly dividend payments of $0.17 per share as part of shareholder return program.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels5 records

Core offering

Terex Corporation designs, manufactures, and sells specialty capital equipment including aerial work platforms (Genie boom and scissor lifts), materials processing equipment (Powerscreen, Finlay, EvoQuip, MDS, Terex MPS, Cedarapids, Franna, Fuchs), environmental solutions (Heil, Curotto-Can, Marathon Equipment, 3rd Eye waste collection and recycling vehicles plus Terex Utilities bucket trucks), and specialty vehicles (E-ONE fire apparatus and Horton/Road Rescue/Wheeled Coach/AEV ambulances). The company sells primarily through a global dealer network and rental partners to construction, utilities, waste management, mining, and emergency services customers, with aftermarket parts and telematics (Connec-T) supporting the equipment lifecycle.

Product overview

Terex Corporation is a diversified global specialty equipment manufacturer serving emergency services, waste management and recycling, utilities, and construction sectors. The company operates through four main platforms: (1) Terex Specialty Vehicles — purpose-built emergency response vehicles (fire apparatus from E-ONE and American Emergency Vehicles, ambulances from Horton, Road Rescue, and Wheeled Coach) and recreational vehicles, formed following the February 2026 merger with REV Group; (2) Terex Materials Processing — comprehensive portfolio of crushing, screening, washing, and material handling equipment under brands including Powerscreen, Finlay, EvoQuip, MDS, Terex MPS, Terex Ecotec, CBI, Terex Washing Systems, Advance, Bid-Well, Franna, Fuchs, ProStack, Cedarapids, MAGNA, and ZenRobotics; (3) Terex Environmental Solutions — waste collection vehicles (Heil, Curotto-Can), compactors (Marathon Equipment), recycling systems, and utility equipment acquired through the 2024 purchase of Dover Corporation's Environmental Solutions Group; and (4) Terex Aerials — aerial work platforms under the Genie brand including telescopic boom lifts and scissor lifts. The company also offers telematics solutions (Connec-T), AI-enabled diagnostics, and the TRAC vibration analysis system. Terex maintains manufacturing operations in the United States, Europe, India, and Asia-Pacific with a global dealer network.

Differentiator

Problem solved

Functional benefit

Brands

• Genie: Aerial work platforms including boom lifts and scissor lifts for safe, productive work at height
• Powerscreen
• Finlay
• EvoQuip
• CBI
• Ecotec
• Advance
• Bid-Well
• Simplicity
• Cedarapids
• Canica
• Jaques
• Franna
• Fuchs
• ProStack
• MDS
• Terex MPS
• Terex Washing Systems
• Terex Ecotec
• ZenRobotics
• MAGNA
• Green-Tec
• Genie Recon
• TRAC
• Heil
• Curotto-Can
• 3rd Eye
• Marathon Equipment

Products and services

• Genie Aerial Work Platforms Genie is Terex's aerial work platform brand offering telescopic boom lifts, scissor lifts, and material handlers designed for safe, productive work at height. Includes hybrid and electric options such as the S-85 XC FE powered by a 48V lithium-ion battery. Customers include equipment rental companies and construction contractors globally.
• Terex Materials Processing Equipment Portfolio of brands serving aggregates, environmental, concrete, and handling industries. Includes Powerscreen, Finlay, EvoQuip, MDS, Terex MPS, Cedarapids, Terex Washing Systems, CBI, Terex Ecotec, Advance, Bid-Well, Franna, Fuchs, ProStack, and ZenRobotics equipment for crushing, screening, washing, conveying, concrete mixing and paving, material handling, and robotic recycling. Customers include quarry operators, miners, contractors, and recycling firms.
• Terex Environmental Solutions Equipment Sustainable waste management and electric utility equipment including Heil waste collection vehicles, Curotto-Can automated side loaders, Marathon Equipment compactors and balers, 3rd Eye camera and monitoring systems, Terex Utilities bucket trucks and digger derricks, and Green-Tec tree care equipment. Customers include municipal sanitation departments, waste haulers, recyclers, and electric utilities.
• Terex Specialty Vehicles Purpose-built emergency response vehicles including E-ONE and American Emergency Vehicles fire apparatus and Horton Emergency Vehicles, Road Rescue, and Wheeled Coach ambulances, plus commercial infrastructure and recreational vehicles. Customers include fire departments, EMS agencies, municipal fleets, and commercial vehicle buyers.
• TRAC Vibration Analysis System Portable multi-sensor vibration analysis system that analyzes screen behavior under real operating conditions by taking synchronized measurements from multiple points to detect abnormalities in screen motion, balance, resonance, and bearing condition. For owners and operators of Terex vibratory screening equipment.
• Connec-T Remote Monitoring Application Telematics-enabled remote monitoring application for equipment tracking, diagnostics, and lifecycle performance management. Monitors uptime, fuel consumption, and maintenance status across Terex crushing and screening plants, with AI-enabled diagnostics for predictive maintenance. For fleet owners and operators of Terex equipment.
• Electric Bucket Truck Fully electric bucket truck for utility line work, using the Navistar International eMV electric chassis and Viatec SmartPTO technology for electric power takeoff. Marketed as a zero-emission utility vehicle for electric utilities and contractors seeking fleet electrification.
• ProAll L20R Concrete Mixer Lightweight concrete mixer requiring no commercial driver's license, available with various chassis options and accessories. For contractors and small fleet operators in the concrete construction market.
• Terex CTT 472 Tower Crane Flat-top tower crane used by Premform for construction of the 110-storey Pinnacle SkyTower in Toronto, reaching a final height of 348 metres using a 16 internal tie anchoring system. Sold through dealer Cropac Equipment in Eastern Canada for major construction projects.
• Genuine Parts and Aftermarket Services Genuine Terex replacement parts and accessories for the lifecycle maintenance of equipment across all Terex brands, distributed via the parts.terex.com online storefront and dealer network. For owners and operators of Terex equipment requiring OEM-spec parts and service support.

Quantifiable outcome

• 41% year-over-year revenue growth in Q1 2026 driven by REV acquisition and organic growth
• +4 more outcomes

Named customers3 records

Segments6 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability7 records

Feature8 records

Partnerships

Six partnerships are on record, tiered minor and core.

• Alliance RVminorStrategic or Co-development Partner · 10 February 2026Terex completed sale of Midwest Automotive Designs (luxury RV and specialty van brand) to Alliance RV as a post-merger divestiture following the REV Group combination. Midwest operated within the Recreational Vehicles segment and produces luxury RVs on Dodge, Ford and Mercedes-Benz frames.
• Davis Polk & Wardwell LLPminorOthers · 30 October 2025Davis Polk & Wardwell LLP served as legal advisor to REV Group in the $9 billion merger with Terex. Three firms were involved in guiding Terex through the transaction.
• MDS InternationalcoreStrategic or Co-development Partner · 9 July 2021Terex Materials Processing acquired MDS International, a manufacturer of quarrying and recycling equipment based in Monaghan, Ireland. This acquisition established Terex's first manufacturing location in the Republic of Ireland and expanded its global reach in heavy-duty equipment manufacturing.
• Raimondi Cranes SpAcoreStrategic or Co-development PartnerRaimondi Cranes acquired Terex's tower crane, self-erecting crane, and rough terrain crane businesses including facilities in Italy and North Carolina service operation. This followed Terex's strategic focus on specialty equipment and aligns with Raimondi's expansion into North American markets. Terex Rough Terrain became part of Raimondi portfolio.
• Bradley EquipmentminorChannel Partner/ Reseller/ DistributorTerex Ecotec appointed Bradley Equipment as official distributor for Texas. Bradley Equipment represents the full lineup of Terex Ecotec solutions for materials processing, waste handling and environmental applications, providing localized sales, service and aftermarket support for recycling, land clearing, forestry and environmental processing customers.
• REV GroupcoreStrategic or Co-development PartnerMerger completed February 2, 2026 combining Terex and REV Group to create premier specialty equipment manufacturer with diversified portfolio. Transaction valued at approximately $9 billion, with Terex shareholders retaining 58% and REV Group shareholders 42% of new entity. Pro-forma combined sales projected at $7.5-8.1 billion for 2026.

Scale indicators14 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• Volvo Construction Equipment: Volvo CE is a major construction equipment manufacturer offering compact equipment, haulers, and material handling solutions. Comparable to Terex in mid-sized construction machinery with stronger electrification positioning.
• Liebherr: Liebherr is a privately held family-owned manufacturer of construction equipment, mining trucks, cranes, and material handlers. Direct overlap with Terex in tower cranes, rough terrain cranes, and material handlers, with deeper R&D and broader geographic reach.
• Komatsu: Komatsu is a global leader in construction, mining, and forestry equipment with comparable crushing/screening and material handling products. Competes with Terex in aggregates processing equipment and material handlers, though broader and larger.
• Caterpillar: Caterpillar is the largest construction and mining equipment manufacturer globally. Comparable to Terex through its heavy machinery portfolio (excavators, off-highway trucks, crushing equipment via Cat Mining), though significantly larger and broader in scope with deeper services/aftermarket revenue.

Emerging players

• Hyundai Construction Equipment: Hyundai CE manufactures excavators, wheel loaders, and material handling equipment. Comparable to Terex in mid-sized construction equipment, though more focused on compact and earthmoving products with growing presence in North American markets.

Direct peers

• Federal Signal: Federal Signal designs, manufactures, and supplies environmental and infrastructure maintenance equipment, including street sweepers, sewer cleaners, and vacuum trucks. Comparable to Terex Environmental Solutions in serving municipal waste management customers with similar dealer-based distribution.
• Astec Industries: Astec Industries directly competes with Terex Materials Processing in asphalt plants, crushing/screening, and material handling equipment for the aggregates and road construction markets. Highly comparable in scale, customer base, and product offering.
• Manitowoc Company: Manitowoc manufactures tower cranes, mobile cranes, and food service equipment. Direct peer to Terex's historical tower crane and rough terrain crane business (now divested to Raimondi), with overlapping customer base in commercial construction.
• REV Group (historical): REV Group was an independent specialty vehicle manufacturer (fire apparatus, ambulances, RVs) until its February 2026 merger with Terex. Its E-ONE, KME, Horton, and Wheeled Coach brands now constitute the Terex Specialty Vehicles platform.
• Oshkosh Corporation: Oshkosh directly overlaps with Terex post-REV merger through its Pierce Manufacturing fire apparatus and JLG aerial work platform brands. Both serve specialty vehicle, utility, and construction end markets with similar chassis-up manufacturing and dealer distribution models.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/terex
• Xx.com/TerexCorp
• Facebookfacebook.com/TerexCorporation

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 records

Subsidiaries23 records

Funding overview

Funding rounds3 records

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A19 records

Investments3 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Terex