Terex Corporation, a prominent global manufacturer of lifting and material processing solutions, was originally known as The Euclid Company.
The Origins of Terex
The enterprise that would eventually evolve into Terex Corporation commenced its operations in 1933. It was in this pivotal year that the Armington brothers founded The Euclid Company. This initial venture focused on the development and manufacturing of equipment tailored for various industrial applications, laying the foundational groundwork for what would become a leading name in heavy machinery.
The transition from The Euclid Company to the "Terex" brand name occurred much later in the company's history, following significant periods of growth, diversification, and strategic acquisitions. This evolution reflects the dynamic journey of the organization, consistently adapting and expanding its product offerings and market reach over many decades.
Key Details of Terex's Predecessor
To provide a clear overview of the company's early identity, here are the foundational details:
Attribute | Detail |
---|---|
Original Name | The Euclid Company |
Founding Year | 1933 |
Founders | The Armington brothers |