Today, Terex Corporation announced that it will be consolidating the manufacturing of the equipmentmade at their Terex plant in Cedar Rapids, Iowa, into other Terex facilities in North America. | 11 August 2009
“The worldwide recession has greatly reduced construction equipment orders. As a result, manufacturing capacity across the company is greater than needed to meet foreseeable market demand,” said Tom Riordan, Terex President and Chief Operating Officer. “The decision to movemanufacturing from Cedar Rapids was not an easy one.”
For further information, please see the two attached letters from Terex Cedarapids.
Distributor Letter - Cedarapids EMEAAP 06Aug2009.pdf
Customer Letter - Cedarapids EMEAAP 06Aug2009.pdf