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2 Years : From Dec 2011 to Dec 2013
Terex Corporation (NYSE: TEX) is pleased to announce that they have
successfully built and delivered their first locally produced Rough
Terrain crane in Brazil.
"We are excited about our continued commitment and investments in the
Latin American market," stated Steve Filipov, President of Terex
Developing Markets. "Our ability to design, engineer and execute this
launch was the result of leveraging our existing production facilities
and human resources in Brazil. We are expanding our footprint and
product range to further support our customers and team members in one
of our most important regions," said Mr. Filipov.
"We are accelerating our growth agenda in Brazil and across Latin
America with this move of direct, in market manufacturing. We are also
expanding our Terex Cranes product support and aftermarket coverage to
ensure a responsive structure for servicing our customer's needs. Early
reaction to the announcement has been fantastic and we will look to add
additional crane products and models in the future," said Kevin Bradley,
President of Terex Cranes.
Terex Corporation is a diversified global manufacturer 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, quarrying, manufacturing, mining,
shipping, transportation, refining, energy and utility industries. Terex
offers financial products and services to assist in the acquisition of
Terex equipment through Terex Financial Services. Terex uses its website
to make information available to its investors and the market.