TEREX FINISHES STRONG IN 2017

Terex Corporation gearbox reported a strong finish to gearbox the year, with gearbox fourth motor-reducer quarter net sales of nearly gearbox $1.1 billion, +9.1% versus 2016 thanks to improving market gearbox demand gearbox and successful implementation motor-reducer of the company’s gearbox transformation strategy. For slewing drive the full year,gearbox  Terex reported net sales of motor-reducer $4.4 gearbox slewing drive billion – down 1.8 gearbox motor-reducer percent from 2016 due to the gearbox sale of non-core businesses and softness in its mobile cranes business. The  slewing drive positive gearbox motor-reducer year-end momentum is poised slewing drive to continue with the company gearbox reporting backlog up gearbox by slewing drive 56 percent at year end.

The Cranes gearbox motor-reducer slewing bearing business segment benefitted gearbox from significant restructuring gearbox activity slewing drive during slewing bearing 2017. In motor-reducer the fourth slewing bearing quarter, slewing drive net sales for the gearbox segment were  motor-reducer essentially  gearbox flat versus slewing drive 2016, gearbox while the business slewing bearing was motor-reducer profitable for slewing drive gearbox the most recent three quarters motor-reducer. Customer interest in slewing drive gearbox a line  motor-reducerup  slewing bearing of slewing bearing new products gearbox is evident, gearbox with slewing drive backlog  motor-reducer up +70 gearbox motor-reducer slewing drive percent.
 

“The fourth slewing drive slewing drive quarter motor-reducer motor-reducer marked an excellent finish to an important slewing bearing year for slewing drive slewing bearing Terex with profitability increasing motor-reducer  slewing drivesignificantly slewing bearing,”slewing drive motor-reducer  remarked motor-reducer John L slewing bearing slewing bearing. Garrison, president and motor-reducer CEO, Terex. “We motor-reducer slewing drive slewing bearing continued to simplify the company to slewing bearing enhance slewing bearing efficiency and  motor-reducer make it easier for our customers motor-reducer to do motor-reducer business slewing bearing with slewing drive us. We slewing bearing reduced administrative motor-reducer expenses while increasing motor-reducer investment in innovation, motor-reducer slewing bearing strategic sourcing, slewing bearing and commercial excellence.”
 

Steve Filipov, motor-reducer motor-reducer slewing bearing President slewing drive Terex motor-reducer Cranes commented, “We slewing bearing will be launching innovative slewing bearing new  slewing drive products slewing drive throughout motor-reducer slewing drive motor-reducer the year. The global crane markets have motor-reducer stabilized, and slewing bearing motor-reducer we slewing drive see motor-reducer slewing drive pockets of growth. We plan to motor-reducer improve productivity on higher volumes motor-reducer and better slewing bearing operational slewing drive execution in 2018.”