Terex Corporation manufactures specialized equipment for emergency services, waste and recycling, utilities, construction, materials processing and aerial work applications. Its portfolio includes specialty vehicles such as fire and ambulance vehicles, waste collection vehicles, mobile elevating work platforms, materials processing machinery and electric utility equipment, supported by dealer, parts and service networks.
Recurring Terex news covers operating results, bookings and backlog, segment performance across Specialty Vehicles, Materials Processing, Aerials and Terex Utilities, portfolio changes following completed acquisitions or divestitures, manufacturing capacity investments, dividends and other capital-structure or governance updates.
Right Lane Industries acquired Capacity Trucks and LayMor from Terex (NYSE: TEX), adding two equipment businesses to its portfolio. The completed transaction transferred 100% of the membership interests in both businesses to the private industrial holding company. Financial terms were not disclosed.
Capacity manufactures terminal tractors used to move cargo, while LayMor manufactures ride-on sweepers. Both businesses will operate as standalone companies from Longview, Texas, retaining their existing brands, management teams and workforce. Terex will provide transition services for a defined period following closing to support the separation. Texas Capital Bank provided an asset-based revolving credit facility to support the transaction.
Terex (NYSE: TEX) announced that its Board of Directors declared a quarterly dividend of $0.17 per share. The dividend is payable on December 18, 2026, to stockholders of record as of the close of business on November 9, 2026.
Terex (NYSE: TEX) will host its third quarter 2026 financial results conference call on October 28, 2026, at 8:30 a.m. Eastern Time. CEO Simon Meester and CFO Jennifer Kong-Picarello will host the call. Results will be available at investors.terex.com that morning before the call, with a webcast replay available on the same website.
James Hardie (NYSE / ASX: JHX) appointed Jennifer Kong-Picarello as an independent non-executive director, effective October 1, 2026.
Kong-Picarello currently serves as Senior Vice President and Chief Financial Officer of Terex (NYSE: TEX), overseeing finance, treasury, mergers and acquisitions, enterprise risk, investor relations and internal audit worldwide. She has more than 25 years of leadership experience across manufacturing, industrial technology and energy management. Her previous roles include Chief Financial Officer of Schneider Electric’s Energy Management segment and finance leadership positions at Honeywell. She has led global finance organizations of up to 540 professionals across more than 25 countries. James Hardie anticipates she will join its Audit Committee in November 2026.
Terex (NYSE: TEX) reported second quarter 2026 net sales of $2.24 billion, up 50.5% year over year on a reported basis and 8.5% pro forma, with growth in every segment. Net income was $110 million (EPS $0.96), and adjusted net income was $156 million (adjusted EPS $1.37). Adjusted EBITDA reached $269 million, a 12.0% margin, up $26 million on a pro forma basis.
Backlog was $6.9 billion, up 3.9% pro forma, and bookings were $2.0 billion, 25.2% higher pro forma with a 90% book-to-bill ratio. Free cash flow was $101 million and liquidity totaled $1.1 billion. Terex raised its 2026 outlook to net sales of $7.9–$8.2 billion, adjusted EBITDA of $960 million–$1.0 billion (12.2% margin at midpoint), adjusted EPS of $4.70–$5.10 and free cash flow of $300–$350 million.
Terex (NYSE: TEX) announced it will host a conference call to review its second quarter 2026 financial results on Thursday, July 30, 2026 at 8:30 a.m. Eastern Time. President & CEO Simon Meester and SVP & CFO Jennifer Kong-Picarello will host the call, with results posted at the Terex investor website prior to the call and a webcast replay available afterward.
Terex (NYSE:TEX) announced that its Board of Directors declared a quarterly cash dividend of $0.17 per share.
The dividend will be paid on September 18, 2026 to stockholders of record as of the close of business on August 11, 2026.
Terex (NYSE:TEX) announced that its Board of Directors declared a quarterly dividend of $0.17 per share.
The dividend will be paid on June 22, 2026 to shareholders of record as of the close of business on June 8, 2026.
Terex (NYSE: TEX) reported Q1 2026 results: net sales $1.7B (up 41% reported; proforma +11%), adjusted EBITDA $173M (9.9% margin), and backlog $7.1B with a book-to-bill of 109%. GAAP income from continuing operations was ($93M) and adjusted EPS was $0.98. The company reaffirmed 2026 outlook: sales $7.5–$8.1B and EBITDA $930M–$1.0B, and expects ~$28M of synergies in 2026 toward a $75M run-rate within 24 months.
Terex (NYSE:TEX) will host a conference call to review first quarter 2026 financial results on Friday, May 1, 2026 at 8:30 a.m. ET.
Simon Meester, President and CEO, and Jennifer Kong-Picarello, SVP and CFO, will host. The company's results will be issued and posted at https://investors.terex.com prior to the call; a webcast replay will be available after the event.