Terex Completes Formation of Joint Venture with Manitex International, Inc.
December 22 2014 - 10:19AM
Business Wire
Terex Corporation (NYSE: TEX) today announced that it has
successfully completed the formation of its Joint Venture with
Manitex International, Inc. (Manitex) and completed the previously
announced sale of 51% of A.S.V., Inc. to Manitex. As a result,
Manitex is now the majority owner of the joint venture in compact
track loaders and skid steers that is 51% owned by Manitex and 49%
owned by Terex.
About Terex
Terex Corporation is a lifting and material
handling solutions company reporting in five business segments:
Aerial Work Platforms, Construction, Cranes, Material Handling
& Port Solutions and Materials Processing. Terex manufactures a
broad range of equipment for use in various industries, including
the construction, infrastructure, manufacturing, shipping,
transportation, refining, energy, utility, quarrying and mining
industries. Terex offers financial products and services to assist
in the acquisition of Terex equipment through Terex Financial
Services. Terex uses its website (www.terex.com) and its Facebook
page (www.facebook.com/TerexCorporation) to make information
available to its investors and the market.
Terex CorporationTom Gelston, 203-222-5943Vice President,
Investor Relationsthomas.gelston@terex.com
Terex (NYSE:TEX)
Historical Stock Chart
From Aug 2024 to Sep 2024
Terex (NYSE:TEX)
Historical Stock Chart
From Sep 2023 to Sep 2024