What Terex Utilities does

Terex Utilities is a sub-brand of Terex Corporation, a publicly traded (NYSE: TEX) specialty equipment manufacturer founded in 1945 and headquartered in the United States. Within Terex's portfolio, Terex Utilities provides utility equipment and aerial devices for the electric utility and telecommunications industries, enabling safe, productive work at height by electric utilities and contractors. The parent company organizes operations across Aerial Work Platforms (Genie aerial lifts, Terex Utilities), Materials Processing (Powerscreen, Finlay, EvoQuip, MDS, MPS, Marco, Ecotec, CBI, Zenrobotics, Advance, Bid-Well, Franna, Fuchs, ProStack), Environmental Solutions, and Specialty Vehicles.

Terex designs and builds industrial equipment that incorporates electrification, digital telematics, robotics and AI in select applications, and safety systems. Underlying technology spans connected equipment platforms (Terex Telematics) that collect operational data for safety, productivity, and lifecycle optimization, plus AI/robotics systems for waste sorting from subsidiary Zenrobotics. The company operates a global manufacturing and distribution footprint across North America, Europe, India, and Asia-Pacific.

Terex makes money through sale of equipment, aftermarket parts, and service support distributed via an extensive global dealer, distributor, and rental partner network, supplemented by an owned e-commerce platform (parts.terex.com). Full-year 2025 consolidated Net Sales were $5.4B with $325M free cash flow and $4.93 non-GAAP EPS; $2.1B has been returned to shareholders since 2015 via buybacks and dividends. On February 2, 2026, Terex completed its merger with REV Group, adding specialty vehicles for emergency response, commercial infrastructure, and recreational markets to the portfolio.

Name

Terex Utilities

Legal name

Terex Corporation

Website

https://terex.com

Company type

Public

Founded year

1945

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

Terex Utilities is a sub-brand of Terex Corporation that designs and manufactures aerial devices and utility equipment for electric utilities and telecommunications, supporting safe, productive work at height within Terex's broader specialty equipment portfolio.

Ownership category

akta.pro rank

Product category

Utility Aerial Equipment Manufacturing

NAICS

Overhead Traveling Crane, Hoist, and Monorail System Manufacturing (333923)

SIC

Construction, Mining & Materials Handling Machinery & Equip (3530), Construction Machinery & Equip (3531), Industrial Trucks, Tractors, Trailors & Stackers (3537)

akta.pro primary industry

Aerial Work Platform & Access Equipment Vehicle Manufacturing (Boom/Scissor Lifts) (IMACAFAG)

akta.pro secondary industries

Material Handling & Industrial Lift Vehicle Manufacturing (Forklifts/Telehandlers/Reach Stackers) (IMACAFAD), Mining & Quarry Haulage Vehicle Manufacturing (Dump Trucks/Haulers) (IMACAFAC)

Keywords

• Aerial device manufacturing
• Utility line equipment
• Digger derrick trucks
• Specialty equipment manufacturing
• Work-at-height solutions

Headquarters

HQ city

Betim

HQ country

Brazil

HQ region

Latin America

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Distribution channels2 records

Marketing channels5 records

Core offering

Terex Utilities designs and manufactures digger derricks, aerial devices, and related utility equipment for the electric utility and telecommunications industries. The product line enables safe and productive work at height for line crews, supported by genuine parts, service, and telematics-based fleet monitoring. Equipment is sold primarily through a global dealer/distributor network and rental partners.

Product overview

Terex offers a diversified portfolio of specialty equipment solutions organized under multiple business segments: Aerial Work Platforms (AWP) including Genie aerial lifts and Terex Utilities equipment for utilities and telecommunications; Materials Processing (MP) serving aggregates, environmental, concrete, and handling industries with brands including Powerscreen, Finlay, EvoQuip, MDS, MPS, Marco, Washing Systems, Ecotec, CBI, Recycling Systems, Zenrobotics, Advance, Bid-Well, Franna, Fuchs, and ProStack; Environmental Solutions for waste and electric utility industries; and Specialty Vehicles for emergency response, commercial infrastructure, and recreational vehicles. The company provides equipment, parts, services, and digital solutions including telematics for equipment monitoring, supporting customers through a global distributor network.

Differentiator

Problem solved

Functional benefit

Brands

• Genie: Aerial Work Platforms - Aerial lifts for construction and maintenance
• Terex Utilities
• Powerscreen
• Finlay
• EvoQuip
• CBI
• Ecotec
• Fuchs
• Advance
• Bid-Well
• Franna
• Zenrobotics
• MDS
• MPS
• ProStack

Products and services

• Terex Utilities equipment line Digger derricks, aerial devices, bucket trucks, and related equipment for electric utility and telecommunications line installation, maintenance, and storm-response work.
• Genuine Terex Parts OEM replacement parts and accessories for Terex equipment, supporting lifecycle maintenance across the utility equipment fleet.
• Equipment Services and Support Lifecycle service and support for Terex equipment, provided via the global dealer network, covering maintenance, repair, and technical assistance.

Segments5 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Oshkosh Corporation (JLG): Oshkosh owns JLG Industries, the leading global manufacturer of aerial work platforms (boom lifts, scissor lifts, telehandlers) — directly competing with Terex's Genie brand in the AWP segment serving the same construction, industrial, and maintenance customers.
• Altec: Altec is a leading manufacturer of aerial devices, digger derricks, and utility equipment for the electric utility, telecommunications, and tree care markets — directly competing with Terex Utilities across the same product categories and customer base.
• Haulotte Group: Haulotte is a French manufacturer of aerial work platforms (boom, scissor, and telehandler lifts) competing with Genie in the global AWP market, with overlapping dealer networks and end-user customer segments.
• Manitowoc Company: Manitowoc manufactures mobile hydraulic cranes, rough-terrain cranes, and tower cranes — directly competing with Terex's Franna pick-and-carry cranes and broader material handling/utility lifting solutions.
• Time Manufacturing (Versalift): Time Manufacturing (owner of Versalift) produces aerial lifts, bucket trucks, and digger derricks for the utility, telecommunications, and forestry markets — directly competing with Terex Utilities in aerial devices and digger derrick products.

Broad incumbents

• Caterpillar Inc. Caterpillar is the largest global construction and mining equipment OEM with a much broader portfolio (earthmoving, mining, engines) and competes with Terex's Powerscreen/Finlay mobile crushing and screening lines in aggregates, plus adjacent construction equipment markets.
• Volvo Construction Equipment: Volvo CE is a major global construction equipment manufacturer (excavators, loaders, haulers) and competes with Terex's MP and material handling segments, while its broader electrification roadmap overlaps with Terex's e-equipment strategy.
• Liebherr: Liebherr is a privately held global manufacturer of construction machinery, mining equipment, cranes, and concrete equipment — directly competing with Terex across cranes (Franna), material handling (Fuchs), and concrete (Advance, Bid-Well) product lines.
• Komatsu: Komatsu is a global leader in construction, mining, and forestry equipment with significant overlap to Terex's MP segment in mobile crushing, screening, and aggregates processing, particularly in mining and quarrying applications.

Emerging players

• Doosan Bobcat: Doosan Bobcat manufactures compact equipment (skid-steer, compact track loaders, mini excavators) and telehandlers — competing with Terex's EvoQuip compact crushing/screening line and overlapping in the compact construction and rental customer segments.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/terexutilities
• LinkedInlinkedin.com/company/terex

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries12 records

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about Terex Utilities