Terex announced the acquisition of Steelweld, a manufacturer of heavy fabrications based in Northern Ireland. The purchase of Steelweld supports Materials Processing’s growth strategy by increasing fabrication capabilities in Northern Ireland.
“We are excited to welcome Steelweld’s talented employees to the Terex team. Over the past 40 years, the company has built a highly skilled work force and has a valued reputation for high levels of quality and service,” said John L. Garrison, Jr., Terex Corporation Chairman and Chief Executive Officer.
Kieran Hegarty, Terex Materials Processing President continued, “Steelweld’s expertise in heavy fabrications will provide additional knowledge and talent to support the growth of Terex Materials Processing.”
About Terex
Terex Corporation is a global manufacturer of materials processing machinery and aerial work platforms. We design, build and support products used in construction, maintenance, manufacturing, energy, recycling, minerals and materials management applications. Certain Terex products and solutions enable customers to reduce their environmental impact including electric and hybrid offerings that deliver quiet and emission-free performance, products that support renewable energy, and products that aid in the recovery of useful materials from various types of waste. Our products are manufactured in North America, Europe, Australia and Asia and sold worldwide. We engage with customers through all stages of the product life cycle, from initial specification and financing to parts and service support.
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