Charleston, South Carolina, USA, August 09th, 2011 – Two Terex SK 415 hammerhead tower cranes are being operated by Detyens Shipyards, Inc., Charleston, South Carolina, where they have proved their…
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Zongyuan Construction Co. Ltd used a 3,200 tonne capacity Terex CC8800-1 Twin crawler crane to lift a power plant generator unit in China.
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Terex Posts 3Q Loss On Sales Slump
by Ernie Pierini
October 21, 2009
Terex-logoTerex Corp. (TEX) posts a third-quarter loss–its fourth in a row–on lower sales and restructuring charges.
Terex reported a quarterly net loss of $77.7 million, compared to profit of $237.1 million reported last year.
Terex has announced it is to look to raise USD600m in new financing, including USD300m in senior notes, USD150m in senior subordinated convertible notes and 11 million shares of the company’s common stock.