Welcome to our dedicated page for Terex news (Ticker: TEX), a resource for investors and traders seeking the latest updates and insights on Terex stock.
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.
Terex (NYSE:TEX) announced on January 19, 2026 that Namita Jindal was appointed Senior Vice President and Chief AI and Data Officer, effective immediately. She will report to Simon Meester, Terex president and CEO, and will serve on the company Executive Leadership Team.
Jindal joins from CentralSquare Technologies, where she served as chief information officer since 2021, and previously held CIO and leadership roles including at Honeywell Intelligrated. She holds an MBA from Ohio University and a bachelor’s degree in computer science engineering from India.
Terex (NYSE: TEX) completed the sale of its Tower and Rough Terrain Cranes businesses to Raimondi Cranes SpA on Nov 3, 2025. The divestiture includes manufacturing operations in Fontanafredda and Crespellano, Italy, plus the Terex North America Cranes service and support operation in Wilmington, North Carolina, United States. The transaction excludes Terex's Franna pick and carry cranes business in Australia. Management said the move aligns with Terex's strategic focus on reducing cyclicality and accelerating growth, and noted Raimondi's position as a Milan-based lifting conglomerate that will operate the acquired businesses going forward.
Terex (NYSE:TEX) reported Q3 2025 results with net sales of $1.4 billion, operating profit of $140 million (10.1% of sales) and adjusted operating profit $168 million (12.1%). GAAP EPS was $0.98 and adjusted EPS was $1.50. Bookings were $1.0 billion, up 57% pro forma with a book-to-bill of 72%. Free cash flow was $130 million with cash conversion of 200%. Liquidity stood at $1.3 billion. Management maintained full-year adjusted EPS outlook of $4.70–$5.10 and noted an expected tariff-related net unfavorable EPS impact of about $0.70 for 2025.
Terex (NYSE: TEX) and REV Group announced a definitive merger on October 30, 2025 to form a scaled specialty equipment manufacturer serving emergency, waste, utilities, environmental and materials processing markets.
The deal conveys $425 million cash to REV shareholders plus 0.9809 combined-company shares per REV share, leaves Terex shareholders with ~58% pro forma ownership, and implies an enterprise value of ~$9 billion. Combined net sales are expected at ~$7.8 billion with pro forma Adjusted EBITDA ≈11% for 2025 (≈14% excluding Aerials and including $75M synergies). The companies expect $75 million run-rate synergies by 2028 (≈50% of which is expected within 12 months) and plan to close in H1 2026, subject to approvals. Terex will pursue exiting its Aerials segment. Conference call scheduled 8:30 AM ET Oct 30, 2025.
Terex (NYSE: TEX) will review third quarter 2025 financial results on a conference call on Thursday, October 30, 2025 at 8:30 a.m. Eastern Time. Simon Meester, President and CEO, and Jennifer Kong-Picarello, Senior VP and CFO, will host the call.
The company's Q3 2025 financial results will be posted at https://investors.terex.com the morning of October 30, 2025 prior to the call. Participants are encouraged to join the webcast 15 minutes early; a replay will be available at the same investors site.
Terex (NYSE: TEX) will host a conference call to review its third quarter 2025 financial results on Friday, October 31, 2025 at 8:30 a.m. ET. Simon Meester, President and Chief Executive Officer, and Jennifer Kong-Picarello, Senior Vice President and Chief Financial Officer, will host the call.
The company's Q3 2025 financial results will be issued and posted at https://investors.terex.com the morning of October 31, 2025. Participants are encouraged to access the live webcast 15 minutes early; a replay will be available at the same investor site.
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 December 19, 2025 to stockholders of record as of the close of business on November 10, 2025.
This provides a near-term cash return to shareholders and sets key dates for eligibility and payment.
Terex Corporation (NYSE: TEX) has announced the appointment of Srikanth Padmanabhan to its Board of Directors, effective December 1, 2025. Padmanabhan brings 34 years of experience from Cummins, Inc., where he most recently served as Executive Vice President and President of Operations.
His extensive background includes leadership roles in Cummins' Power Generation, Components, and Engine segments, with global experience across India, U.S., Mexico, and England. Padmanabhan holds a PhD in Mechanical Engineering from Iowa State University and is a Harvard Business School AMP graduate. He currently serves on the Board of Directors of Leggett & Platt Incorporated.
Terex Corporation (NYSE:TEX) has signed a definitive agreement to sell its Tower and Rough Terrain Cranes businesses to Italy-based Raimondi Cranes SpA. The transaction includes facilities in Fontanafredda and Crespellano, Italy, and Wilmington, North Carolina.
The deal, expected to close in second half of 2025, aligns with Terex's strategy to reduce cyclicality and focus on its core segments: Materials Processing, Aerials, and Environmental Solutions. The agreement excludes Franna pick and carry cranes operations in Australia and India.
Terex Corporation (NYSE:TEX) has successfully completed a re-pricing of its term loan, which is projected to result in annual cash interest savings of $3 million. The company's term loan rate has been reduced by 25 basis points to SOFR+175 basis points, enhancing the efficiency of its capital structure according to CFO Jennifer Kong-Picarello.