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In 1997 Terex aquired mining business from O&K, including worlds largest hydraulic excavator RH 400, later produced as Cat 6090. [11] In 2010 Terex sold its mining business to Bucyrus. [12] In December 2013, Volvo Construction Equipment (VCE) acquired the Terex line of heavy haul trucks.
In December 2013, VCE agreed to pay US$160m for the heavy haul truck line of U.S. manufacturer Terex, [5] Including Terex Equipment Ltd (TEL) of Scotland. [6] In December 2020, Volvo began delivering all-electric ECR25 Electric compact excavators to customers. [7] In September 2021 VCE dropped the Terex name and rebranded the business Rokbak. [8]
The Terex 33-19 "Titan" was a prototype off-highway, ultra class, rigid frame, three-axle, diesel/AC electric powertrain haul truck designed by the Terex Division of General Motors and assembled at General Motors Diesel Division's London, ON, Canada assembly plant in 1973. Only one 33-19 was ever produced and it was the largest, highest ...
Terex Corporation's Terex Mining division debuted the Terex Unit Rig MT6300AC at MINExpo International in September, 2008. [5] Prior to the introduction of the MT6300AC and the Caterpillar 797F at MINExpo International in September, 2008, the Liebherr T 282B, introduced in 2004, was the only haul truck with a payload capacity of 363 t (400 short tons).
While its core activity is the production, distribution and sale of trucks, buses and construction equipment, Volvo also supplies marine and industrial drive systems and financial services. In 2016, it was the world's second-largest manufacturer of heavy-duty trucks with its subsidiary Volvo Trucks .
Manufacturers include Volvo CE, Caterpillar, Terex, John Deere/Bell Equipment, [1] Moxy/Doosan, Astra and Komatsu Limited. [2] With half of the global sales, Volvo is the market leader in the segment, and is also the prime pioneer of the vehicle, enabling its introduction to the markets in 1966.