Accessibility StatementSkip Navigation NORWALK, Conn., Oct. 20, 2025 /PRNewswire/ -- Terex Corporation (NYSE: TEX) will hold its conference call to review third quarter 2025 financial results on Thursday, October 30, 2025 at 8:30 a.m. Eastern Time. Simon Meester, President and Chief Executive Officer, and Jennifer Kong-Picarello, Senior Vice President and Chief Financial Officer, will host the call. The Company's financial results will be issued and available at https://investors.terex.com prior to the ca ...

Contact InformationDerek EverittVP Investor RelationsEmail: [email protected] SOURCE Terex Corporation Accessibility StatementSkip Navigation NORWALK, Conn., Oct. 17, 2025 /PRNewswire/ -- Terex Corporation (NYSE: TEX) will host a conference call to review its third quarter 2025 financial results on Friday, October 31, 2025 at 8:30 a.m. Eastern Time. Simon Meester, President and Chief Executive Officer, and Jennifer Kong-Picarello, Senior Vice President and Chief Financial Officer, will host the call. The ...

Core Viewpoint - The nitrogen dryer market is projected to reach USD 1.82 billion by 2031, with a compound annual growth rate (CAGR) of 4.4% from 2025 to 2031 [1]. Market Overview - The nitrogen dryer is an industrial device designed to remove moisture and impurities from nitrogen, ensuring high purity and low dew point [1]. - The device is widely used in industries requiring high gas purity, such as electronics manufacturing, pharmaceuticals, food packaging, and laser cutting [1]. Market Size and Growth - The global nitrogen dryer market is expected to grow significantly, with a projected market size of USD 1.82 billion by 2031 [1]. Key Manufacturers - Major manufacturers in the global nitrogen dryer market include NOVATEC, HEDRICH, Atlas Copco, Dri-Air Industries, KAWATA, Omega Air, INMATEC, SHINI PLASTICS, TEMA Process, and Gardner Denver [6]. - The top ten manufacturers are estimated to hold approximately 55.0% of the market share in 2024 [6]. Product Segmentation - Continuous nitrogen dryers are the most significant product type, accounting for about 52.9% of the market share [7]. - The food and beverage sector is the largest downstream market, representing approximately 39.4% of the demand [7]. Regional Market Dynamics - The Asia-Pacific region holds the largest market share due to concentrated manufacturing and rapid development in the electronics industry [8]. - North America maintains a leading position in high-end equipment demand, driven by its strong medical and semiconductor industries [8]. - The European market experiences stable growth due to environmental regulations and technical standards [8]. Technological Trends - Innovations in the nitrogen dryer market focus on smart technology, energy efficiency, and modular design [9]. - Key trends include automatic dew point control, AI predictive maintenance, and heat regeneration adsorption technology [9]. Upstream and Downstream Structure - The upstream includes suppliers of key components such as adsorption materials, membrane components, and compressors, which influence equipment performance and cost [10]. - The downstream encompasses end-users in electronics, pharmaceuticals, and food industries, which have high stability and purity requirements [10]. Policy and Driving Factors - Increasing global regulations on product quality, clean production, and environmental emissions are driving the adoption of high-performance drying equipment [11]. - Emerging industries like new energy, medical devices, and smart manufacturing are increasingly reliant on high-purity nitrogen, contributing to market growth [11]. Future Outlook - The nitrogen dryer market is expected to evolve towards high-end, intelligent, and customized solutions, with a focus on system integration, remote operation, and data analysis capabilities [12]. - As global manufacturing upgrades and clean production standards rise, nitrogen drying equipment will become an essential infrastructure, with market space anticipated to expand [12].

Core Insights - MSA Safety Incorporated has appointed Julie A. Beck as Senior Vice President, Chief Financial Officer, and Treasurer, effective August 18, 2025 [1] - Julie Beck has extensive experience in financial leadership, having previously served as CFO at Terex Corp. and Nova Chemicals, and brings expertise in M&A, inflation management, and business transformation [2][3] Company Overview - MSA Safety is a global leader in advanced safety products and solutions, with 2024 revenues of $1.8 billion and over 5,000 employees across more than 40 international locations [6] - The company has been focused on safety innovation since 1914, serving diverse end markets and creating sustainable value for shareholders [6] Leadership Transition - Julie Beck succeeds interim CFO Elyse Brody, who will return to her role as Executive Director, Global FP&A and Strategy [4] - Beck's leadership style emphasizes high ethical standards, personal responsibility, and a commitment to continuous improvement [4][5] Previous Experience - At Terex Corp., Beck directed financial strategies that mitigated inflation impacts and improved sales growth, EPS, and cash flow [2] - Prior to Terex, she held significant roles at Nova Chemicals and Joy Global, contributing to financial and operational excellence [3]

Core Insights - Terex Corporation has completed a re-pricing of its term loan, which is expected to reduce cash interest costs by approximately $3 million annually [1] - The new term loan rate is set at S+175bps, improving by 25bps from the previous rate [2] Company Overview - Terex Corporation is a global industrial equipment manufacturer specializing in materials processing machinery, waste and recycling solutions, mobile elevating work platforms (MEWPs), and equipment for the electric utility industry [2] - The company designs, builds, and supports products used across various sectors including maintenance, manufacturing, energy, minerals and materials management, construction, waste and recycling, and the entertainment industry [2] - Terex provides lifecycle support through a global parts and services organization and offers digital solutions to maximize customer investment returns [2] - The company focuses on environmentally friendly products, including electric and hybrid offerings that provide quiet and emission-free performance, as well as products that support renewable energy and aid in waste recovery [2] - Terex products are manufactured in North America, Europe, and Asia Pacific, and are sold worldwide [2]

Core Insights - Alamo Group Inc. reported a modest increase in net sales for Q2 2025, reaching $419.1 million, a 0.7% increase from $416.3 million in Q2 2024, with a notable performance in the Industrial Equipment Division [3][8][9] - The company experienced a 9.8% year-over-year increase in net income, amounting to $31.1 million, or $2.57 per diluted share, driven by improved operating results despite currency revaluation impacts [4][8][9] - The company's backlog at the end of Q2 2025 was $687.2 million, indicating a healthy demand outlook, with the Industrial Equipment Division backlog at $509.6 million [5][8][9] Financial Performance - Q2 2025 gross profit was $108.3 million, representing 25.8% of net sales, slightly down from 26.0% in Q2 2024 [3][8] - Selling, general and administrative (SG&A) expenses decreased by 6.1% to $57.1 million, or 13.6% of net sales, reflecting successful cost reduction efforts [3][8] - The Industrial Equipment Division achieved net sales of $240.7 million, a 17.6% organic growth compared to Q2 2024, while the Vegetation Management Division saw a decline of 15.7% to $178.4 million [3][8][10] Operational Highlights - The company's operating income for Q2 2025 was $47.1 million, or 11.2% of net sales, marking an improvement of 83 basis points from the previous year [3][8][12] - The Industrial Equipment Division's operating margin improved to 14.3%, up 93 basis points year-over-year, driven by strong demand and market share gains [3][10][12] - The Vegetation Management Division's operating margin was 7.1%, impacted by costs associated with manufacturing facility consolidations [3][11][12] Strategic Developments - Alamo Group welcomed Ring-O-Matic into its portfolio, enhancing its product offerings in industrial vacuum excavation equipment, funded by existing cash [13] - The company anticipates continued operational gains, particularly in the Industrial Equipment Division, while the Vegetation Management Division is expected to improve following recent consolidations [7][14] - The balance sheet remains strong, with cash and cash equivalents of $201.8 million and total debt reduced to $213.1 million, net of cash [6][8][29]

Core Points - Reeflex Solutions Inc. has launched a new corporate website and updated investor presentation to enhance transparency and engagement with investors and stakeholders [1][4] - The new website serves as a centralized platform for information on the company's operations, management, corporate governance, and growth strategy [2] - The investor presentation outlines the company's business model, growth opportunities, and strategic priorities [3] Company Overview - Reeflex is a public company that provides advanced engineering and manufacturing solutions across various industry sectors [5] - The company operates through its wholly-owned subsidiary, Coil Solutions Inc., which offers coil tubing injectors and downhole tools for the oil and gas sector [5] - The manufacturing division, Ranglar Manufacturing, specializes in custom-designed mobile equipment for a wide range of industrial applications [5]

Core Insights - Terex Corporation reported strong financial performance in Q2 2025, driven by the Environmental Solutions segment, which exceeded expectations despite challenges in the Aerials segment [2][5][6] - The company maintains its full-year adjusted EPS outlook of $4.70 to $5.10, reflecting confidence in its growth strategy and operational resilience [8][9] Financial Performance - Net sales for Q2 2025 were $1.5 billion, a 7.6% increase from Q2 2024, with adjusted operating profit at $164 million, or 11.0% of net sales [5][6][29] - Net income was $72 million, or $1.09 per share, compared to $141 million, or $2.08 per share in the same quarter last year [6][22] - The company generated strong free cash flow of $78 million, up from $43 million in the prior year, achieving a cash conversion rate of 108% [6][8] Business Segment Performance - The Aerials segment reported net sales of $607 million, down 17.1% year-over-year, with an operating profit margin of 7.6% [6][29] - Materials Processing segment net sales were $454 million, down 9.0% year-over-year, with an operating profit margin of 10.8% [6][29] - Environmental Solutions segment net sales increased by 12.9% year-over-year to $430 million, with an operating profit margin of 14.2% [6][29] Strategic Initiatives - The Board of Directors authorized a new share repurchase program of up to $150 million, reflecting the company's commitment to returning capital to shareholders [7] - The company continues to focus on long-term organic growth while balancing capital allocation strategies [8] Outlook - For the full year 2025, Terex expects net sales between $5.3 billion and $5.5 billion, with a segment operating margin of approximately 12% [9][10] - The company anticipates a healthy backlog and normal seasonal booking patterns to support its sales outlook for the second half of the year [8]

Company Overview - Terex Corporation is a global industrial equipment manufacturer specializing in materials processing machinery, waste and recycling solutions, mobile elevating work platforms (MEWPs), and equipment for the electric utility industry [3] - The company designs, builds, and supports products used across various sectors including maintenance, manufacturing, energy, minerals and materials management, construction, waste and recycling, and the entertainment industry [3] - Terex provides lifecycle support through a global parts and services organization and offers digital solutions to maximize customer investment returns [3] Environmental Initiatives - Certain Terex products and solutions are designed to reduce environmental impact, including electric and hybrid offerings that provide quiet and emission-free performance [3] - The company also offers products that support renewable energy and aid in the recovery of useful materials from various types of waste [3] Financial Results Announcement - Terex Corporation will host a conference call to review its second quarter 2025 financial results on July 31, 2025, at 8:30 a.m. Eastern Time [1] - The financial results will be available on the company's investor relations website prior to the call [1]

Core Viewpoint - The steam reformer tubes are essential components in the petroleum refining process, particularly in catalytic cracking, and are projected to reach a market size of $190 million by 2031, with a CAGR of 4.2% from 2025 to 2031 [1][12]. Market Overview - The global steam reformer tube market is expected to grow significantly, driven by increasing demand in the oil and gas sector, particularly in catalytic cracking and hydrogen production [12]. - The largest downstream market for steam reformer tubes is refineries, accounting for approximately 43.4% of the market share [10][12]. Key Manufacturers - Major manufacturers in the global steam reformer tube market include Schmidt + Clemens, Kubota, and MetalTek, with the top three companies holding about 61.0% of the market share in 2024 [7][13]. Product Segmentation - High-temperature alloy steel tubes are the dominant product type, representing around 80.0% of the market share, while nickel-based alloy tubes are experiencing rapid growth [9][12]. Regional Insights - The Asia-Pacific region, particularly China and India, is becoming a significant market for steam reformer tubes due to the rapid expansion of petrochemical facilities [12]. - Europe and North America are focusing more on technological upgrades and environmental compliance regarding steam reformer tubes [12].