(TEX) Terex - Ratings and Ratios

Terex Corporation is a global manufacturer of aerial work platforms and materials processing machinery, operating through two primary segments: Materials Processing (MP) and Aerial Work Platforms (AWP). The company's MP segment is responsible for designing, manufacturing, and marketing a wide range of equipment, including crushers, washing systems, screens, and conveyors, under various brands such as Terex, Powerscreen, and EvoQuip. These products are utilized in diverse applications, including construction, infrastructure development, quarrying, mining, and recycling projects, as well as material handling and landscaping. The segment's product portfolio also encompasses wood processing, biomass, and recycling equipment, cement mixers, and concrete pavers, catering to the needs of industries that require efficient and reliable machinery.

The AWP segment, on the other hand, focuses on the design, manufacture, and marketing of aerial work platform equipment, utility equipment, and telehandlers, primarily under the Terex and Genie brands. The product range includes portable material lifts, scissor lifts, and self-propelled articulating and telescopic booms, which are used in various construction, maintenance, and industrial applications. These products are essential for lifting equipment or materials in settings such as residential, commercial, and institutional buildings, as well as in infrastructure projects, transmission and distribution lines, and tree trimming operations. By offering a comprehensive portfolio of aerial work platforms, Terex Corporation enables its customers to work efficiently and safely at heights.

Terex Corporation's commitment to customer support extends beyond product sales, as the company provides financing solutions to facilitate the rental, leasing, or acquisition of its equipment. This approach helps customers manage their capital expenditures and ensures that they have access to the necessary machinery to complete their projects. With a history dating back to 1933, Terex Corporation has established itself as a reputable player in the construction machinery and heavy transportation equipment industry, with its headquarters located in Norwalk, Connecticut. The company's common stock is listed on the New York Stock Exchange (NYSE) under the ticker symbol TEX, and its web presence can be found at https://www.terex.com.

As a leading manufacturer of construction and materials processing equipment, Terex Corporation operates in a sector that is critical to global economic development. The company's products and services are used in a wide range of applications, from building and infrastructure construction to quarrying, mining, and recycling. By providing innovative and reliable equipment solutions, Terex Corporation plays a vital role in supporting the growth and development of various industries, while also contributing to the creation of jobs and economic opportunities. With its strong brand portfolio, diverse product range, and commitment to customer support, Terex Corporation is well-positioned to continue serving the needs of its global customer base.