News
Terex clarifies details of sale to Fayat Group

February 15, 2013, Cedar Rapids, Iowa – Terex® Minerals Processing
Systems (MPS) includes a range of crushing equipment and wheeled plants that
originally joined the Terex portfolio as part of the Cedarapids acquisition in
1999.

February 15, 2013, Cedar Rapids, Iowa – Terex® Minerals Processing
Systems (MPS) includes a range of crushing equipment and wheeled plants that
originally joined the Terex portfolio as part of the Cedarapids acquisition in
1999.

These products have been fully integrated into the comprehensive MPS
product line, and have been manufactured at the Terex facility in Oklahoma
City, OK for more than two and half years. The former Cedarapids businesses
have been managed separately for several years, with crushing and screening
equipment as part of the Terex Materials Processing segment, while Roadbuilding
products have been part of the Terex Construction segment. The recent
announcement of certain Terex Roadbuilding product lines being sold to Fayat, and
changes in the Roadbuilding line manufactured in OKC will not affect the Terex®
MPS products built there. The Oklahoma City plant remains a Terex facility and
is not included in the Fayat transaction. 

Terex MPS will continue to build jaw crushers, cone crushers, impactors,
and wheeled plants in OKC along with screens, feeders and VSI’s in our factory
in Durand, MI as we have for years. Other segments of Terex will also continue
operations at OKC. The MPS product offering is not changing as a result of the
sale of the roadbuilding product lines that are being sold.