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Terex Corp - TEX STOCK NEWS

Welcome to our dedicated page for Terex news (Ticker: TEX), a resource for investors and traders seeking the latest updates and insights on Terex stock.

Company Overview

Terex Corporation (TEX) is a diversified global industrial equipment manufacturer that specializes in delivering innovative and reliable solutions across multiple sectors including materials processing, waste and recycling, mobile elevating work platforms, and electric utility equipment. Leveraging extensive engineering expertise and a customer-driven approach, Terex designs, builds, and supports a broad range of equipment that underpins critical infrastructure, manufacturing, energy, and construction applications. Its operations are defined by robust technological integration and best-in-class lifecycle support practices that ensure optimal return on investment over the entire equipment life cycle.

Business Segments and Capabilities

Terex organizes its diverse product portfolio into distinct yet complementary business segments that address specialized market needs:

  • Materials Processing: This segment offers heavy-duty machinery designed for a variety of industrial applications such as recycling, quarrying, and waste management. The equipment is engineered to optimize throughput and efficiency while addressing challenges in material handling and processing.
  • Aerial Work Platforms: Terex provides mobile elevating work platforms (MEWPs) that enhance workplace safety and accessibility. These platforms are designed for use in maintenance, construction, and manufacturing environments, offering precision and operational flexibility.
  • Environmental and Recycling Solutions: With a focus on sustainability and efficiency, Terex integrates waste and recycling solutions to support customers in reducing environmental impact. These offerings include equipment that facilitates material recovery and waste processing, thereby enhancing overall operational productivity.

In addition to its core equipment manufacturing, Terex extends its value proposition through comprehensive parts and service support and digital solutions that ensure customers receive end-to-end lifecycle management. This integrated support system minimizes downtime and maximizes the efficiency of the equipment deployed across various industrial sectors.

Global Manufacturing and Market Reach

Terex Corporation boasts a global footprint with manufacturing facilities spread across North America, Europe, and Asia Pacific. This geographical distribution not only facilitates proximity to major markets but also ensures that products are developed to meet diverse regional needs and varying industry standards. The company’s ability to tailor its offerings in multiple languages and adapt to local regulatory environments further underscores its commitment to quality and service consistency on a worldwide scale.

Customer-Driven Innovations and Digital Integration

At the heart of Terex's operations is a relentless focus on meeting customer requirements. The company continuously adapts its solutions through digital enhancements and innovative engineering, incorporating modern technologies that help customers to streamline operations and lower lifecycle costs. Terex’s digital tools provide actionable insights, predictive maintenance, and asset management solutions that empower users to operate more effectively in rapidly evolving industrial environments.

Operational Excellence and Financial Resilience

Terex demonstrates a robust operational framework built on cost discipline, strategic capacity planning, and agile production practices. The company’s diverse product range and market presence help mitigate cyclical economic challenges, ensuring consistent performance even during fluctuations in market demand. Emphasizing its commitment to operational excellence, Terex supports its portfolio with financial products and services that facilitate equipment acquisition, thereby enhancing customer access to vital industrial technologies.

Technological Expertise and Lifecycle Support

The company’s commitment to technological excellence is manifested in its continuous improvement of product design and support services. Terex employs cutting-edge engineering techniques to innovate new product categories and digital solutions that improve reliability, safety, and efficiency. Its comprehensive support services, which include parts availability and maintenance solutions, further highlight the company’s integrated approach to product lifecycle management, ensuring that every piece of equipment delivers sustained performance throughout its use.

Strategic Position in a Competitive Landscape

Operating in a highly competitive industrial equipment sector, Terex differentiates itself through its diversified product portfolio, global manufacturing capabilities, and robust lifecycle support system. Its strategic acquisitions have expanded its market presence and reduced cyclicality by introducing non-cyclical revenue streams. This multi-faceted approach not only solidifies its standing amongst competitors but also reinforces its reputation as an authoritative and trusted partner in the industrial equipment space.

Commitment to Quality and Customer Satisfaction

Every facet of Terex's business—from product development to after-sales service—is underpinned by meticulous quality management processes. The company’s commitment to customer satisfaction is evidenced by its proactive approach to feedback, continuous product innovation, and comprehensive support services, all designed to meet the evolving operational needs of customers across the globe.

Conclusion

In summary, Terex Corporation represents a reliable and innovative force in the industrial equipment manufacturing sector. Its broad portfolio, global reach, technological expertise, and steadfast commitment to customer support have firmly established its market significance and operational resilience. With an integrated approach that combines advanced engineering, strategic acquisitions, and digital integration, Terex continues to deliver high-quality, customer-focused solutions that are essential to building and maintaining infrastructure in a dynamic industrial landscape.

News
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Terex Corporation reports strong Q3 2023 results with a 15% increase in sales and 46% improvement in EPS. Full-year 2023 EPS outlook raised to ~$7.05. Net sales increased 15.1% to $1.3 billion. Income from operations improved 35% to $163.2 million. Materials Processing segment saw net sales increase by 18.2% to $541.1 million. Aerial Work Platforms segment saw net sales increase by 13.3% to $751.0 million.
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Terex Corporation has published its 2023 Sustainability Report, highlighting its commitment to sustainability and its impact on the environment. The report details Terex's sustainability practices, including product innovation and solutions that promote safe and sustainable operations for customers. Terex aims to reduce greenhouse gas and energy intensity by 15% by the end of 2024.
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Terex Corporation announces retirement of Chairman and CEO, John L. Garrison, Jr., effective January 1, 2024, and names Simon Meester as the next CEO
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Terex Corporation to host conference call for Q3 2023 financial results
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Terex Corporation declares quarterly dividend of $0.17 per share
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Terex Corporation to participate in fireside chat at Jefferies Industrials Conference
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Seun Salami appointed to Terex Corporation's Board of Directors
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Terex Corporation (NYSE: TEX) reported strong financial results for the second quarter of 2023. Sales increased by 30% YoY to $1.4 billion, while income from operations rose by 102% YoY to $210 million. The operating profit margin improved by 540 basis points to 15.0%. EPS more than doubled YoY to $2.35. As a result of the strong performance, Terex raised its full-year 2023 EPS outlook to approximately $7.00.
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Terex Corporation to host conference call to review Q2 2023 financial results
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FAQ

What is the current stock price of Terex (TEX)?

The current stock price of Terex (TEX) is $38.07 as of April 1, 2025.

What is the market cap of Terex (TEX)?

The market cap of Terex (TEX) is approximately 2.5B.

What are the primary business segments of Terex Corporation?

Terex Corporation operates across several segments including materials processing, aerial work platforms, and environmental solutions, each designed to address key challenges in industrial operations.

Which industries does Terex serve?

Terex serves a wide range of industries such as construction, mining, infrastructure, energy, waste recycling, and manufacturing by providing specialized industrial equipment and lifecycle support.

How does Terex enhance its product offerings?

Terex integrates advanced engineering with digital solutions, offering lifecycle support, predictive maintenance, and asset management services to ensure optimal performance of its equipment.

What distinguishes Terex in a competitive market?

Terex stands out through its global manufacturing footprint, diversified product portfolio, robust lifecycle support, and a customer-driven approach that emphasizes quality and operational excellence.

Where are Terex's manufacturing facilities located?

Terex has manufacturing facilities across North America, Europe, and Asia Pacific, ensuring it can meet regional market demands and adapt to varying industry standards.

What role do digital solutions play at Terex?

Digital solutions at Terex support enhanced operational efficiency by providing actionable insights, predictive maintenance tools, and comprehensive asset management, ensuring seamless integration across the equipment lifecycle.

How does Terex support its customers after equipment purchase?

The company provides extensive after-sales services, including parts supply, maintenance support, and digital management tools to ensure that customers receive optimal performance over the lifecycle of their equipment.

How does Terex maintain quality across its diverse product range?

Terex employs stringent quality control measures, continuous product innovation, and comprehensive lifecycle management practices to ensure that every product meets high industry standards and customer expectations.
Terex Corp

NYSE:TEX

TEX Rankings

TEX Stock Data

2.52B
64.46M
2.4%
101.17%
7.91%
Farm & Heavy Construction Machinery
Industrial Trucks, Tractors, Trailors & Stackers
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