Terex Corporation

Terex Corporation

Terex Corporation was founded in 1925 and today operates as a publicly traded industrial manufacturer headquartered in Westport, Connecticut. The company started as a maker of construction and mining equipment, evolving through acquisitions and divestitures to focus on two core segments: aerial work platforms (AWP) and materials processing (MP). Simon Meester serves as President and CEO since 2021, with Amy George as CFO. The AWP segment produces boom lifts, scissor lifts, telehandlers, and other elevating work platforms under the Genie brand, sold globally for use in construction, maintenance, and warehousing. The MP segment manufactures crushers, screens, washing systems, and material handling equipment for aggregates, mining, and recycling industries. Terex serves customers in North America, Europe, Asia-Pacific, and Latin America. Confirmed positions include equipment lines deployed in major infrastructure projects, with distributors across 100+ countries. Terex reported 2025 annual revenue of approximately $4B per company filings, with a global workforce of roughly 9,600 employees. The company maintains manufacturing facilities in the U.S., Europe, and China, alongside a network of dealer and rental partners. In 2024, Terex completed the sale of its Environmental Solutions group to sharpen focus on its core AWP and MP businesses (per company press release, 2024). Terex operates as a decentralized manufacturer by business segment, with each unit responsible for its own product development, manufacturing, and distribution. This structure allows the company to serve cyclical end markets — construction, infrastructure, and materials processing — through distinct product platforms without cross-subsidization. Publicly listed on the NYSE as TEX.