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TEREX COMPLETES SALE OF MIDWEST RECREATIONAL VEHICLE BUSINESS
Prnewswire· 2026-02-10 14:05
Core Viewpoint - Terex Corporation has successfully sold its Midwest Automotive Designs business to Alliance RV, LLC, following its recent merger with REV Group, indicating a strategic move to streamline operations and focus on core competencies [1]. Group 1: Company Overview - Terex Corporation is a global leader in specialized equipment solutions, serving essential sectors such as emergency services, waste and recycling, utilities, and construction [1]. - The company has a diversified portfolio that positions it in resilient, high-demand markets with strong long-term growth potential [1]. - Terex designs and manufactures advanced specialty vehicles, including fire, ambulance, and recreational vehicles, as well as waste collection vehicles and materials processing machinery [1]. Group 2: Strategic Focus - The company aims to exceed customer expectations, invest in innovation, leverage its diversified portfolio, and deliver consistent, profitable growth for shareholders [1]. - Terex combines a strong manufacturing footprint in the United States with operations across Europe, India, and Asia Pacific, allowing it to capture global opportunities [1].