Terex says AWP recovery still 12 months away

23 July 2009

Terex chairman & CEO Ron DeFeo.

Second quarter sales at Terex's Aerial Work Platform division fell by 72.2% to US$209.0 million and the division made an operating loss of $32.8 million in the three months. Terex said it did not expect a recovery in the aerial platform market for another…
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