Terex

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Terex Corporation (NYSE: TEX) is a US heavy equipment manufacturer based in Westport, Connecticut. After the close of trading on December 19, 2006, Terex replaced Navistar in the S&P 500 Index. [1]

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Terex was formerly a division of General Motors, initially named General Motors Euclid Division. The plant was established in Hudson, Ohio (on land then part of Hudson Township) in 1957. A bypass connecting Ohio State Route 303 to Ohio State Route 91 was built and named Terex Road. The plant closed in the late 1980s. Today, the building is used for office and warehouse space. Jo-Ann Stores is headquartered there. It owns most of the building and is its largest tenant [2]. A Regal Cinemas, built in 1994, is located on the southwest corner of the property.

In the 1970s, Terex produced the world's largest truck, the Terex Titan. The single prototype produced served until 1990.

In 2002 Terex bought part of the German Demag company in Zweibrücken, now known as Terex-Demag. They also purchased Genie Industries[3] in 2002. In late 2003, Terex purchased a controlling interest in Tatra [4].

  1. ^ http://biz.yahoo.com/rb/061215/sp_indices.html?.v=1 Reuters article about S&P 500 listing. Retrieved 19 December, 2006.
  2. ^ http://www.summitoh.net/clt/refintg2.alt_id?ROUTE=HU0000395004000 Summit County Fiscal Office Property Card. Retrieved 24 November, 2006.
  3. ^ http://www.genieind.com Genie Industries
  4. ^ http://www.terex.com/main.php?obj=content&action=VIEW&id=about_history&nav=content&cancel_login TEREX Corporation - About TEREX - Contact Us. Retrieved 24 November, 2006.

Aerial photos of former plant:

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