Pankaj82. Terex Corporation
Headquarters: Westport, Connecticut
Bought By: Zoomlion
Headquarters: Changsha, Hunan, China
Terex Corporation, headquartered in Westport, Connecticut, is a heavy equipment manufacturer known for delivering reliable and efficient machinery for a range of industries including construction, transportation, and energy. Although a full acquisition by Zoomlion, a leading Chinese construction equipment manufacturer, fell through in 2016, the attempted purchase highlighted China’s expanding ambitions in the global heavy machinery market.
Chinese firms’ interests in prominent American manufacturers like Terex Corporation signals a drive to access high-quality, technologically advanced machinery and equipment to bolster their domestic capabilities.