Tadano to buy Demag for a value of $215 million

Terex Corporation announced the sell of its Demag Mobile Cranes business to Tadano Ltd for a value of approximately $215 million. Included in the transaction are the manufacturing facilities in Zweibrucken, Germany and multiple sales and service locations. Commenting on the rationale of the deal, Koichi Tadano, Tadano Ltd. Representative Director, President and CEO said: …

Ulrich Strieder named new Operations Director at Terex Cranes Zweibrücken plants

On December 3rd, 2018, Ulrich Strieder started his duties as the new Operations Director for the two Terex Cranes plants in Zweibrücken - Dinglerstraße and Wallerscheid. He will report directly to Terex Cranes Germany's Managing Director, Thomas Schramm. "I am confident that with Ulrich Strieder at the helm, we’ll be able not just to continue …