CEO Ronald DeFeo

April 3 (Bloomberg) – Ronald DeFeo, chief executive officer of Terex Corp., talks about the prospects for Congress signing a long-term transportation bill, the company's hiring plans and the outlook for the U.S. economy. DeFeo speaks on Bloomberg Television’s “InBusiness With Margaret Brennan.” (Source: Bloomberg)Read Full Story

Sept. 10 (Bloomberg) -- Ronald DeFeo, chief executive officer of Terex Corp., and Norman Anderson, president of CG/LA Infrastructure LLC, talk about President Barack Obama's proposals to boost the U.S. economy by spending $50 billion on infrastructure projects. They speak with Carol Massar on Bloomberg Television's "Street Smart." (Source: Bloomberg)Read Full Story

Print Email Published: 17-Aug-2011 US-based construction equipment manufacturer Terex Corporation has completed acquisition of the shares tendered as part of the public tender offer by Terex Industrial Holding AG to all shareholders of Demag Cranes AG at €45.50 ($65.53) per share. With the purchase of the shares tendered, Terex now owns approximately 82% of the shares of Demag Cranes.Terex Corporation is a diversified global manufacturer operating in four business segments that...Read Full Story

Interview with Chairman/CEO Ronald DeFeo; Terex Aims to Reach $12 Billion in Revenue Through Acquisitions and International SalesRead Full Story

Diversified manufacturer Terex Corp. said Wednesday it fell to a $421.5 million loss in the fourth quarter and said it has already cut or will cut more than 5,000 jobs, including the majority of its temporary work force.The company also provided a dismal revenue outlook for 2009. Shares tumbled $3.22, or 24 percent, to $10.40 in aftermarket electronic trading, having closed earlier up 10 cents at $13.62. The stock, which last May traded as high as $76.25, was hit hard by the global market...Read Full Story

Print Email Published: 24-Jan-2011 As part of the current top-level reshuffle at Terex Corporation, current Terex Crane Demag vice president and managing director Doug Friesen will move into the role of senior vice president for Terex Business System over the next few months. Friesen will be responsible for implementing the Terex Business System, aimed at harmonising practices across the Terex Corporation’s range of brands, and will report directly to Terex chairman and CEO Ron...Read Full Story

Print Email Published: 17-Jan-2011 Terex Corporation, global construction equipment manufacturer, has appointed Doug Friesen as senior vice president of Terex Business System (TBS). Friesen is currently vice president and managing director of Terex Cranes Demag, in Zweibrucken, Germany. He will transition to his new role over the next several months and report directly to Terex chairman and CEO Ron DeFeo.Friesen joined Terex in 2005 as vice president and general manager, North...Read Full Story

Gene Marcial, Business Week’s Inside Wall Street columnist, believes Terex (TEX) is ready to move much higher. a. The company has been hammered by its link to the construction industry. b. But, Terex is a global manufacturer of a broad range of heavy-duty trucks, mobile cranes, and aerial platforms used mainly in infrastructure construction, such as highway and road-building, and surface mining. And more important, some 70% of Terex’s total 2007 revenues of $9.1 billion was generated outside...Read Full Story

Print Email Published: 06-Jan-2011 US-based equipment manufacturer Terex has named Ronald DeFeo, chairman and CEO of the company, as the new COO. Terex has announced that Thomas Riordan, president and COO, has resigned from the company, effective 31 January 2011. The company has appointed Kevin Bradley as president of Terex Cranes, reporting to DeFeo, effective immediately. Bradley has served as president of Terex Financial Services (TFS) since he joined Terex in 2005. Bradley...Read Full Story

Print Email Published: 29-Mar-2011 US-based Terex Cranes has received an order worth $20 million for 40 cranes from Empire Crane Company at Conexpo in Los Vegas, Nevada. Empire Crane's order comprises of new Terex Roadmaster 9000 truck mounted crane, Terex RT 100 and RT 130 rough terrain cranes as well as Terex AC 350/6, AC 250-1, AC 100/4L all terrain cranes.Empire Crane, based in New York with branches in Boston, Massachusetts and New Jersey, is a Terex distributor and...Read Full Story