Terex, Compact Truck Agree to Crane Pact

July 1, 2000
WESTPORT, Conn. - The lifting business unit of Terex Corp. entered into a licensing agreement last week with Germany's Compact Truck AG to manufacture

WESTPORT, Conn. - The lifting business unit of Terex Corp. entered into a licensing agreement last week with Germany's Compact Truck AG to manufacture and market the CT line of two-, three- and four-axle compact cranes.

The CT line includes cranes with lifting capacities of 40, 80 and 110 tons. The Westport, Conn.-based company expects to begin delivery of the line in the first quarter of 2001.