Terex Corporation
New York Stock ExchangeCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Simon A. Meester
- Full Time Employees
- 11,400
- Sector
- Industrials
- Industry
- Agricultural - Machinery
- Address
- 45 Glover Avenue Norwalk CT United States of America 06850
- IPO Date
- Mar 19, 1980
- CIK
- 0000097216
- Website
- terex.com
- Similar Companies
- Business
- Terex Corporation is a global industrial equipment manufacturer specializing in materials processing machinery, waste and recycling solutions, mobile elevating work platforms (MEWPs), and equipment for the electric utility industry. The company designs, builds, and supports products used across maintenance, manufacturing, energy, minerals and materials management, construction, waste and recycling, and the entertainment sectors. Terex's core product offerings include crushers, washing systems, screens, trommels, apron feeders, material handlers, pick and carry cranes, rough terrain cranes, tower cranes, wood processing and biomass equipment, recycling machines, concrete mixer trucks and pavers, conveyors, digger derricks, insulated aerial devices, self-propelled articulating insulated booms, and waste hauler software solutions. The company operates through three main segments: Materials Processing, Aerials, and Environmental Solutions. Founded in 1933 and headquartered in Norwalk, Connecticut, Terex manufactures products in North America, Europe, and Asia Pacific with global sales operations. In recent years, Terex has undergone significant strategic changes, notably the acquisition of Environmental Solutions Group (ESG) from Dover Corporation in 2024 for approximately $2 billion. This acquisition expanded Terex’s presence in the waste and recycling industry by adding ESG’s well-known brands such as Heil, Marathon, Curotto-Can, and Bayne Thinline, as well as digital offerings like 3rd Eye and Soft-Pak, bolstering its market share in the fast-growing environmental solutions segment. This move also marked Terex’s shift to a more US-centric production model, aiming to produce approximately 75% of its US equipment sales domestically. In 2025, Terex announced the sale of its Tower and Rough Terrain Crane businesses to Raimondi Cr SpA, a strategic divestiture to streamline its portfolio and concentrate on core growth areas, enhancing synergies among its remaining divisions: Materials Processing, Aerials, and Environmental Solutions. Furthermore, Terex announced plans to exit the Aerials segment, including evaluating a potential sale or spin-off to focus innovation and resources on its more resilient business segments. The company also initiated a $150 million share buyback program to return value to shareholders while maintaining a revenue outlook of $5.3 billion to $5.5 billion for 2025 with adjusted earnings per share projected between $4.70 and $5.10. Terex continues to provide comprehensive lifecycle support to customers worldwide with a strong focus on sustainability through electric and hybrid product offerings designed to reduce environmental impact by delivering quiet, emission-free performance and supporting renewable energy initiatives. Terex’s operations extend primarily in North America, Europe, and Asia-Pacific, catering to construction, infrastructure, waste management, and utility markets with an emphasis on delivering value and operational excellence through innovation and strategic portfolio management. This positioning and restructuring reflect Terex’s ongoing transformation into a diversified industrial leader focused on materials processing and environmental solutions with improved operational efficiency and targeted growth in resilient, high-demand market segments.
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