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75th ANNIVERSARY CELEBRATIONS FOR TEREX COMPACT EQUIPMENT IN GERMANY

At the company’s facility in Crailsheim, guests looked back on its long history and product innovations

    Crailsheim, Germany March 2013 – Terex Compact Equipment in Germany recently celebrated its 75th anniversary in Crailsheim by hosting an evening gala where dealers and guests learned more about the rich legacy and substantial developments of this construction equipment manufacturer. More than 2,000 guests, team members and their families also toasted the company by attending a separate fun-filled family event which aimed to reward team members for their hard work and dedication over the years.

    Terex Compact Equipment manufactures wheel loaders and mini, midi and mobile excavators for customers around the globe. Originally, founded in Langenburg, Germany, in 1937 under the name Schaeff, the company became a subsidiary of global equipment manufacturer Terex Corporation in January 2002. Over the years, many changes and developments have taken place to help ensure the success of Terex Compact Equipment in Germany and the satisfaction of its customers. One of the most recent changes being the consolidation of the compact excavator manufacturing base to Crailsheim in 2010, to join its wheel loaders.

    The 75th anniversary event highlighted the long legacy of this construction equipment facility, through tours of the factory and talks with product specialists. Experts gave guests an insight into the increasingly effective manufacturing processes and the more recent developments at the plant, including the TC16 Twin Drive and the introduction of the TC10 micro excavator which is narrow enough to fit through almost any door. Guests also enjoyed a short film which starred long-standing Terex team members and retirees, including Helmut Gwinner, who worked for the company for a total of 51 years and was Head of the R&D Department for 15 years.

    Peter Hirschel, General Manager of Terex Compact Equipment Germany, commented: “It is testament to the solid foundations of this facility and the hard work of its team members that demand for its machinery still continues three quarters of a century after it was first founded. Our Terex Compact Equipment operations in Germany have weathered the storms over the years and always adapt to suit the changing needs of its customers and demands of the market.”

    For more information on Terex® compact machinery, visit www.terexconstruction.com

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    The 75th anniversary event

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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