Terex Corp. TEX

What this company does

Terex is a global industrial equipment manufacturer of materials processing machinery, waste and recycling solutions, mobile elevating work platforms (MEWPs), and equipment for the electric utility industry. Its products are manufactured in North America, Europe, and Asia Pacific and sold worldwide. As of December 31, 2025, the company had approximately 10,700 team members, including approximately 5,700 team members in the U.S. The company reports its business in three reportable segments: Environmental Solutions, Material Processing and Aerials. Its ES segment designs, manufactures, services and markets waste, recycling and utility equipment and solutions, including refuse collection bodies, hydraulic cart lifters, automated carry cans, compaction, balers, recycling equipment, digger derricks, insulated aerial devices, and cameras with integrated smart technology, as well as related components and replacement parts, and waste hauler software solutions. Its MP segment designs, manufactures, services and markets materials processing and specialty equipment, including crushers, washing systems, screens, trommels, apron feeders, material handlers, pick and carry cranes, wood processing, biomass and recycling equipment, concrete mixer trucks and concrete pavers, and conveyors, and their related components and replacement parts. Its Aerials segment designs, manufactures, services and markets aerial work platform equipment and telehandlers as well as their related components and replacement parts. The company was incorporated in Delaware in October 1986 as Terex U.S.A., Inc.

Written from the business description in TEREX CORP's annual report to the U.S. Securities and Exchange Commission, filed 13 February 2026. Every sentence was checked against that document before publication.