Our Purpose, Mission, Vision & Values
It’s easy to see how such terms as "purpose", "mission" and "vision" can come across as platitudes; just words on a page that serve to “check the box” that, yes, we are an honorable company. But here at Terex, they mean so much more; they form the foundation upon which our company is based and they influence everything we do as we work to serve all of our constituencies…customers, shareholders and team members.
To help improve the lives of people around the world
To provide solutions to our Machinery and Industrial Product customers that yield superior productivity and return on investment.
- Customer - to be the most customer responsive company in the industry as determined by our customers
- Financial - to be the most profitable company in the industry as measured by ROIC
- Team Member - to be the best place to work in the industry as determined by our team members
Terex Corporation is a diversified global manufacturer of lifting and material handling equipment, operating in three business segments: Aerial Work Platforms, Cranes, and Materials Processing. We deliver reliable, customer-driven solutions for a wide range of commercial applications, including the construction, infrastructure, quarrying, mining, shipping, transportation, refining, energy and utility industries.
Terex has changed significantly since its founding in 1986, achieving $7.1 billion of net sales in 2013. As we have expanded our operations, the business has become increasingly global in scope. Our products are manufactured in North and South America, Europe, Australia and Asia, and are sold worldwide. We are expanding our business globally, with an increased emphasis on developing markets, such as China, India, Brazil, Russia and the Middle East.
In my view, if we live the values articulated above we will have tremendous success with our customers, suppliers, and eventually our investors. Our fellow team members will be the highest performing in our industry and we will be able to attract the best talent to continue our journey. This is the company Terex can be in the future.
Every company needs a compass to guide activities. The Terex Way provides that compass.
John Garrison, Chief Executive Office and President