Terex GB is the American-owned and Northern Ireland-registered company which purchased Powerscreen plc. It is part of Terex Corporation, a NYSE-listed global organisation.
Terex GB is part of Terex Material Processing, one of five divisions of Terex Corporation. Terex Material Processing designs and manufactures mobile crushing, screening and washing equipment and the material processing group’s main product lines include Powerscreen, Terex Finlay and Terex Mineral.
Terex, which employs nearly 16,000 people worldwide, bought JMF in Ballymoney in June 2015. It said it had bought the smaller company in anticipation of expansion in its Terex Washing Systems (TWS) and Terex Environmental Equipment divisions.
In the year to December 31, 2015, Terex had pre-tax profits of around £24.5m – down from £22.8m.
Powerscreen, one of Northern Ireland’s best known names in manufacturing of the last half-century marked 50 years in business last year with major celebrations in Dungannon.Terex GB Drumquin Road, Omagh, BT78 5PN Tel: 0845 0305 200 www.terex.com/en/materials-processing/