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FOR IMMEDIATE RELEASE

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TEREX WELCOMES TITAN MACHINERY AS A NEW ARTICULATED AND RIGID TRUCK DISTRIBUTOR

West Fargo, N.D. – (November 5, 2012) –Titan Machinery now offers Terex® articulated and rigid trucks in its 40+ construction equipment locations in Colorado, Iowa, Minnesota, Montana, North Dakota, South Dakota and Wyoming. In addition to sales and rental opportunities, Titan Machinery will provide parts, service and warranty support for Terex trucks by factory-trained technicians, as well as financing options to qualified customers.

“We are pleased to welcome Titan Machinery as a new Terex truck distributor in the upper Midwest,” said Dean Barley, general manager, Terex Construction Americas. “Serving both the construction and agricultural markets, the Terex truck line allows Titan Machinery to best meet customers’ product needs with a well-known, well-respected brand that complements their other product and service offerings.”

Founded in North Dakota in 1980, Titan Machinery has grown to a network of nearly 100 full-service locations in nine states. Today, they serve customers in the commercial and residential construction markets, as well as road and highway construction, oil and gas exploration and mining applications.

“Our goal at Titan Machinery is to be a full line construction equipment distributor, and the Terex line of articulated and rigid trucks offers us the opportunity to help meet our customers’ demand by filling a gap in our product line,” says Titan Machinery’s Senior Marketing Manager, Mike Hall. “With an excellent parts and service network from Terex, as well as product availability and outstanding after-sales support, this will be a long-term relationship focused on serving our customers’ needs and achieving our company’s strategic business goals.”

In addition to offering the full Terex articulated and rigid truck line, Titan Machinery will offer customers financing options through Terex Financial Services™. Terex Financial Services offers a range of finance and leasing solutions, structured to accommodate customers’ cash flow and budgets. The Terex Financial Services team is equipped to assist in all areas of asset management, from the analysis of future equipment values through the disposal of used equipment.

Titan Machinery is headquartered at 644 East Beaton Drive, West Fargo, ND 58078-2648. For more information, call: 701-356-0130 or visit them at: www.titanmachinery.com/default.aspx.

About Terex
Terex Corporation is a diversified global manufacturer of a broad range of equipment that is focused on delivering reliable, customer-driven solutions for many applications, including the construction, infrastructure, quarrying, mining, shipping, transportation, refining, energy, utility and manufacturing industries. Terex reports in five business segments: Aerial Work Platforms; Construction; Cranes; Material Handling & Port Solutions; and Materials Processing. Terex offers financial products and services to assist in the acquisition of equipment through Terex Financial Services. More information can be found at www.terex.com.

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