Terex Considers Consolidation

Terex is expected to combine its construction materials processing businesses—Pegson, Powerscreen and
Finlay—into two Centers of Excellence during 2009-2010. Shown here is a Pegson 1300 Maxtrak crusher plant.
Late in January this year Terex announced it is considering consolidating the materials processing components of the group’s Materials Processing & Mining business in the United Kingdom to some extent.

In 1999, Terex bought three UK companies— the crusher and mobile crushing plant manufacturer Pegson, based at Coalville in Leicestershire, England; Powerscreen, which builds mobile screening and washing equipment in Dungannon, County Tyrone, Northern Ireland; and Finlay, a manufacturer of crushing and screening plant based in Omagh, also in Northern Ireland. Today, Pegson employs 318 people, Powerscreen 490 and Finlay 315.

The probable outcome of the exercise will be consolidation, in stages through 2009 and 2010, of screening equipment production at a Center of Excellence at Dungannon and of crushing equipment manufacture at a Center of Excellence in Omagh. The Coalville facility will continue to house the Terex Global Chamber Design Center for crusher development.

Kieran Hegarty, vice president of Terex Material Processing, said: “We look forward to the many opportunities for synergies, efficiency and concentration of talent that these ‘centers of excellence‘ would afford us. By focusing on similar products at one location, we would be able to provide our customers with the best possible value offerings; therefore, we firmly believe that the proposed changes would allow us to retain and grow our strong global presence in the crushing and screening market.”

As featured in Womp 09 Vol 03 - www.womp-int.com