Terex and Manitex JV completed
Premium Content
16 January 2015
Manitex International and Terex Corporation have completed the formation of a joint venture agreement for construction machinery built by ASV.
The company also announced that it has also completed the previously announced sale of 51 % of A.S.V. to Manitex. As a result, Manitex is now the majority owner of the joint venture in compact track loaders and skid steers that is 51 % owned by Manitex and 49 % owned by Terex, a company spokesperson said.
How good fuel management and advanced filtration can help fleets adopt lower-carbon fuels without sacrificing uptime or component life.
Why powertrain choice is just one part of the economics of rental equipment
Better air management can now help OEMs shrink reservoirs without sacrificing machine productivity