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Terex has remained a competitive player in the materials handling and industrial equipment sector. They are working towards forming a franchise under the brand name Terex by incorporating all of their previous brand names for many of the products used in conjunction operations the brand Terex. Currently, Terex products are principally marketed under the Terex name. Several of the following historic brand names and transitional names include: ATC, Amida, American Truck Company, American, Advance, Bartell, Benford, Bendini, Bid-Well, CMI, CMI-Cifali, CMI Johnson-Ross, Cedarapids, Canica, Comedil, Demag, ELJay, Franna, Fermac, Finlay, Fuchs, Genie, Hi-Ranger, Jaques, Load King, Morrison, O&K, Peiner, PPM, Powerscreen, Pegson, Reedrill, Schaeff, Simplicity, Standard Havens, Tatra, TerexLift, Telelect and Unit Rig.
Terex has shown steady evolution, purchasing PPM Cranes, in 1995 while divesting Clark Material Handling in 1995. In 1997 Terex acquires Telelect and Simon-RO. BPI Handlers in Baraga, Michigan is also acquired this same year.
Acquiring O&K Mining and Payhauler in 1998, allowed Terex to cultivate their mining business. The same year their crane offering expanded their operations significantly with the acquisitions of Gru Comedil, TerexLift, American Crane and Peiner. A Light Building business soon followed in 1999 when Terex acquired Amida, Bartell and Benford. They soon became a leader within the crushing and screening market by buying Cedarapids, Powerscreen, BL Pegson, Re-Tech, and Finlay. Franna, Kooi and Princeton crane suppliers were also added to Terex in 1999.
By the year 2000, Terex extended into the Compact Equipment industry, buying Fermac who is a producer specializing in tractor loader backhoes. Their Light Construction operations continued to expand business with the acquisition of Coleman Engineering. This same year, Terex divested Moffett, Kooi and Princeton.
In 2001, Terex expanded their Roadbuilding division business with the acquisitions of CMI, Bid-Well, Load King, Atlas and Jaques.
There are single ratio transmissions that function by changing the speed and torque of motor output. There are a lot of multiple gear transmissions with the ability to shift amid ratios as their speed changes. This gear switching can be carried out manually or automatically. Forward and reverse, or directional control, may be provided as well.
In motor vehicles, the transmission is generally connected to the crankshaft of the engine. The transmission output travels via the driveshaft to one or more differentials and this process drives the wheels. A differential's main purpose is to be able to change the rotational direction, although, it can even provide gear reduction too.
Power transmission torque converters and different hybrid configurations are other alternative instruments used for torque and speed alteration. Standard gear/belt transmissions are not the only machinery existing.
The simplest of transmissions are simply called gearboxes and they provide gear reductions in conjunction with right angle change in the direction of the shaft. Every so often these simple gearboxes are utilized on PTO machinery or powered agricultural equipment. The axial PTO shaft is at odds with the common need for the driven shaft. This shaft is either horizontal or vertically extending from one side of the implement to another, which depends on the piece of machine. Silage choppers and snow blowers are examples of much more complex equipment that have drives supplying output in various directions.