Terex Materials Processing—global manufacturer of materials processing and lifting machinery—announces the transformation of Terex Cranes into two separate entities: Terex Tower Cranes and Terex Rough Terrain Cranes. The reorganization involves investment with independent leaders and brand identities as well as expansion of manufacturing capacity, including a brand-new facility to manufacture self-erecting cranes. Terex Tower Cranes and Terex Rough Terrain Cranes will sit within the ‘Lifting’ category of Terex Materials Processing’s broadening equipment portfolio.
“We see a lot of potential for Terex Tower Cranes and Terex Rough Terrain Cranes,” says Kieran Hegarty, President Terex Materials Processing. “Since they are two completely different set of products, manufactured in two independent facilities, it makes sense to separate them to provide more focus and clarity. We have new brand identities for Terex Tower Cranes and Terex Rough Terrain Cranes and each business now has its own individual general manager who will execute independent growth strategies—broadening their specific product portfolio and expanding distribution partners for those products globally while enhancing support for their distribution network.”
Terex Rough Terrain Cranes