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TEREX - Machinery

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TEREX - Machinery
Company Name TEREX
Company Web Site Link
Category Machinery
Year Founded 1933
Country United States (Details)
TEREX - Machinery

Company History: In 1933, the Euclid Company was founded by the Armington brothers. Its success designing and building haul trucks later attracted the attention of General Motors, which purchased Euclid in 1953. GM’s “Euclid Division” developed and sold large equipment including over half the nation’s off-highway dump trucks.
The dominant performance of Euclid had a negative consequence, however, when the US Department of Justice brought an antitrust suit against GM, forcing it to stop manufacturing and selling off-highway trucks in the US for four years, and to divest parts of its Euclid business and the Euclid brand name.
GM coined the "Terex" name in 1970 from the Latin words "terra" (earth) and "rex" (king) for its construction equipment products and trucks not covered by the ruling. The remaining parts of the new Terex business produced crawlers, front-end loaders, and scrapers.

Brief History:
The U.S. is a country of 50 states covering a vast swath of North America, with Alaska in the northwest and Hawaii extending the nation’s presence into the Pacific Ocean. Major Atlantic Coast cities are New York, a global finance and culture center, and capital Washington, DC. Midwestern metropolis Chicago is known for influential architecture and on the west coast, Los Angeles' Hollywood is famed for filmmaking.

Item Links: We found: 1 different collections associated with TEREX - Machinery
Item created by: Powderman on 2018-09-22 14:43:54

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