Terex MP acquires US company Marco Conveyors
By Steve Ducker04 April 2023
Terex MP (Materials Processing), global manufacturer of materials processing and lifting machinery, has announced the purchase of Marco, a manufacturer of bulk material handling conveyors based in Missouri, USA.
As part of the transaction, Terex MP will purchase a 9,290 sq m (100,000 sq ft) factory and office space set on a 6 ha (15 acre) site in Mt. Vernon.
It then plans to expand the site’s manufacturing capacity to support the growing demand for mobile conveying equipment in North America. Terex will also assume responsibility for Marco’s sales and engineering office in the St. Louis area.
The purchase is the latest in a busy 18 months that has also included the acquisitions of Zen Robotics, ProAll and MDS International, as well as the setting up of specialist business Terex Recycling Systems.
Marco was established in 1936 by EF Marsh Engineering and has since designed and manufactured standard, stationary and portable material handling equipment such as stackers, belt feeders, hoppers and bins before moving on to design tubular-truss conveyor frames, which remain a signature product today.
“This acquisition supports Terex MP’s growth strategy to expand our offering in the bulk material handling industries with products that complement the existing portfolio,” says Pat Brian, vice president and managing director for Terex MP’s crushing and screening division.
Terex MP said it plans to keep Marco as a brand within the division, which also includes Powerscreen, Finlay, EvoQuip and ProStack.