Terex Corp. last week announced it has successfully built and delivered its first locally produced rough-terrain crane in Brazil.
"We are excited about our continued commitment and investments in the Latin American market," said Steve Filipov, president of Terex Developing Markets. "Our ability to design, engineer and execute this launch was the result of leveraging our existing production facilities and human resources in Brazil. We are expanding our footprint and product range to further support our customers and team members in one of our most important regions."
"We are accelerating our growth agenda in Brazil and across Latin America with this move of direct, in-market manufacturing,” added Kevin Bradley, president of Terex Cranes. “We are also expanding our Terex Cranes product support and aftermarket coverage to ensure a responsive structure for servicing our customer's needs. Early reaction to the announcement has been fantastic and we will look to add additional crane products and models in the future."
Westport, Conn.-based Terex Corp. is a diversified global manufacturer reporting in five business segments: Aerial Work Platforms, Construction, Cranes, Material Handling & Port Solutions and Materials Processing.