Plant Operations Manager

Terex RV brands display 30 units During Dealer Open House. Terex's Recreational Vehicles Segment hosted its annual Dealer Open House Monday, Sept. 28 to Wednesday, Sept. 30 at the Renegade Customer Experience Center in Elkhart. The Open House brought together Terex's dealer network and product managers. "It was great to welcome dealers from across the country to Renegade's newly renovated Customer Experience Center and spend time connecting face-to-face," said Gary Gunter, president of Terex RV Segment. "Our annual Open House gives us an important opportunity to hear directly from our dealers, share what's ahead across our brands and continue working together to deliver the best products and experiences for our customers." During the opening breakfast of the Open House, Gunter gave remarks centered on Terex RV's continued investment in the fundamentals that support long-term growth, including its people, product quality and operational execution. He highlighted recent investments in expanded facilities, service capabilities and enhanced marketing and digital tools designed to strengthen the customer experience and better support dealers. "This event gives us a unique opportunity to take into account dealer feedback on the spot," said Gunter. "We know consumers will continue to be selective as the RV industry navigates affordability, interest rates and consumer confidence, so receiving feedback from dealers directly helps us inform our Model Year 2028 designs." Attendees also had the opportunity to access the recently renovated Renegade Customer Experience Center, giving dealers a look at the company's service and customer support capabilities alongside its products. Additionally, dealers were able to place orders for new units at the event. At the Open House, Fleetwood RV, Holiday Rambler and American Coach had a combined 18 units on display, including: * Fleetwood Altitude FS550 * Fleetwood Altitude FS600D * Fleetwood Palisade * Fleetwood Discovery * Fleetwood Discovery LXE * Fleetwood Frontier * Fleetwood Bounder * Fleetwood Fortis * Fleetwood Flair * American Coach American Dream * American Coach American Eagle * Holiday Rambler Armada * Holiday Rambler Endeavor * Holiday Rambler Vacationer * Holiday Rambler Invicta * Holiday Rambler Admiral Renegade RV had 12 units on display at Open House, including: * Classic * XL * Explorer TS * Verona * Verona LE * Valencia * Villagio * Vienna

Terex launches "E-Traction" Dual-Mode electric motor grader for 845G series with Wheel-End Torque Vectoring. Sep 04, 2026. Terex Corporation has unveiled the 845G "E-Traction" motor grader, marking the industry's first heavy-class grader to completely abandon the traditional driveline in favor of direct electric wheel-hub motors. In road construction, maintaining precise drawbar pull while fine-tuning the blade angle on steep side-slopes is critical. Traditional mechanical drivelines suffer from drivetrain windup and sudden traction loss when the inner wheels lift off the ground during sharp articulation. The 845G E-Traction eliminates the transmission, driveshaft, and differential entirely. The engineering breakthrough is the "Independent Wheel-End Torque Vectoring" system. Powered by a 400 kW solid-state battery pack (with a swappable hydrogen fuel-cell range extender), electricity is routed directly to four permanent magnet motors integrated into the tandem drive wheels. When the operator engages the blade to cut a steep cross-fall, the inside wheels naturally lose vertical load. Instead of a mechanical differential sending all power to the slipping wheel, the ECU reads the wheel speed sensors 100 times per second. If the inside wheel speed exceeds the outside wheel speed by 2%, the ECU instantly reduces torque to the inside motor by 50% and redirects that electrical current to the outside motor. This generates a turning moment that pulls the grader smoothly through the curve without engine lug or tire scrubbing. Furthermore, the system features "Dynamic Blade-Load Trimming." When pushing heavy windrows of dirt, the electric motors provide instant maximum torque from 0 RPM. If the blade hits a buried boulder and the grader begins to stall, the system momentarily increases the wheel-end torque by 30% for 2 seconds to power through the obstacle, preventing the operator from having to shift gears or back up. This electric architecture reduces fuel and maintenance costs by 45% while increasing grading precision in variable soil conditions.

Up 20% in 2026, Does Terex Stock Have more room to run through 2030? Last updated Sep 2, 2026 Key Takeaways: * Record Backlog: Terex ended Q2 with $6.9 billion in backlog after bookings jumped 25% year-over-year. * Price Projection: Based on current execution, TEX stock could reach $71.01 by December 2028. * Potential Gains: This target implies a total return of 19.8% from the current price of $59.29. * Annual Return: Investors could see roughly 8% annual growth over the next 2.3 years. Terex (TEX) just delivered a strong Q2, with revenue climbing 8.5% to $2.2 billion and adjusted EBITDA up nearly 11% to $269 million. Every segment grew, and bookings jumped 25% year over year, pushing backlog to $6.9 billion. CEO Simon Meester pointed to a broad demand pickup. U.S. nonresidential construction starts rose 18% this year, fueled by data centers, energy projects, and infrastructure work. Terex is riding that wave across multiple businesses. The Specialty Vehicles segment, built around last year's REV Group merger, posted record earnings as demand for fire trucks and ambulances stayed strong. Chicago alone ordered 80 fire trucks and 40 ambulances during the quarter. Materials Processing also had a standout quarter, with margins expanding 440 basis points to 18.8% on stronger crusher and material handling demand. Management raised full-year guidance on this momentum, now expecting sales of $7.9 billion to $8.2 billion and adjusted EBITDA of $960 million to $1 billion. One thing to watch: Terex is running a strategic review of its Aerials segment, with interest from multiple potential buyers. No decision has been announced yet. Despite the strong quarter, TEX trades at $59.29. Its model sees modest but real upside from here. What the Model Says for Terex Stock. Terex looks very different today than it did a few years ago. Two major deals, the ESG acquisition and the REV Group merger, have reshaped the company into four segments: Environmental Solutions, Materials Processing, Specialty Vehicles, and Aerials. * Environmental Solutions benefits from steady, recurring demand. Utilities work tied to grid modernization and data center power needs is accelerating, while the refuse collection vehicle business is recovering after a temporary inventory reset earlier in the year. * Materials Processing is riding infrastructure and data center construction in the U.S., its largest market, while India and Australia add further growth from infrastructure and mining activity respectively. * Specialty Vehicles, boosted by the REV Group merger, delivered record quarterly earnings. Management is investing in new plant capacity in Florida and South Dakota to shorten lead times and meet strong municipal demand for fire trucks and ambulances. Using a forecast of 19.5% annual revenue growth and 11.7% net income margins, its model projects the stock could climb to $71.01 within 2.3 years. This assumes an 8.6x price-to-earnings multiple, below Terex's current 11.5x multiple. Its Valuation Assumptions. TIKR's Valuation Model lets you plug in your own assumptions for a company's revenue growth, operating margins, and P/E multiple, and calculates the stock's expected returns. Here's what TIKR used for TEX stock: 1. Revenue Growth: 19.5%. Terex grew revenue 5.7% over the past year, but bookings up 25% and record backlog point to faster growth ahead. Raised full-year guidance already implies about 7.4% growth at the midpoint, with Aerials and Materials Processing both upgraded during the quarter. 2. Operating margins: 11.7%. Net income margin sat at 5.5% over the trailing twelve months. Management has flagged 22% incremental EBITDA margins this year despite higher tariffs, and expects further improvement in Environmental Solutions as utility capacity investments start paying off. So the operating margin estimate has been raised to 11.7%, above the current margin. 3. Exit P/E Multiple: 8.6x. TEX currently trades at a 10.9x forward P/E, below its one-year average of 11.5x and well under its 10-year average of 14x. Its model assumes further compression to 8.6x, a more conservative stance given ongoing tariff and mix uncertainty. What Happens If Things Go Better or Worse? Terex's results depend on how well it integrates recent acquisitions and how construction and municipal spending trends play out. Here's how the stock might perform under different scenarios through December 2028: * Low Case: If revenue growth slows to a 10.7% CAGR and net income margins settle at 7.6%, investors could see a slight loss of 0.3% total return (-0.1% annually). * Mid Case: With 11.8% growth and 7.9% margins, TIKR expect a total return of 27.6% (5.8% annually). * High Case: If construction demand accelerates and synergies from the REV and ESG deals outperform, driving 12.9% revenue growth and 8.1% margins, returns could reach 59.0% total (11.3% annually). The range reflects execution on construction demand acceleration and synergies from the REV and ESG deals outperform and other factors like tariffs and other things. In the worst case, REV and ESG do not perform as expected and hence results actually go a bit downhill from current level. In the best case, construction demand acceleration and synergies from the REV and ESG deals outperform so results show substantial improvement. How Much Upside Does Terex Stock Have From Here? With TIKR's new Valuation Model tool, you can estimate a stock's potential share price in under a minute. All it takes is three simple inputs: * Revenue Growth * Operating Margins * Exit P/E Multiple If you're not sure what to enter, TIKR automatically fills in each input using analysts' consensus estimates, giving you a quick, reliable starting point. From there, TIKR calculates the potential share price and total returns under Bull, Base, and Bear scenarios so you can quickly see whether a stock looks undervalued or overvalued. Looking for New Opportunities? * See what stocks billionaire investors are buying so you can follow the smart money. * Analyze stocks in as little as 5 minutes with TIKR's all-in-one, easy-to-use platform. * The more rocks you overturn... the more opportunities you'll uncover. Search 100K+ global stocks, global top investor holdings, and more with TIKR. Disclaimer: Please note that the articles on TIKR are not intended to serve as investment or financial advice from TIKR or its content team, nor are they recommendations to buy or sell any stocks. TIKR create its content based on TIKR Terminal's investment data and analysts' estimates. Its analysis might not include recent company news or important updates. TIKR has no position in any stocks mentioned. Thank you for reading, and happy investing! Table of Contents * Key Takeaways: * What the Model Says for Terex Stock * Its Valuation Assumptions * Its Valuation Assumptions * What Happens If Things Go Better or Worse? * How Much Upside Does Terex Stock Have From Here? * Looking for New Opportunities? * Disclaimer: Stock Reviews General Investing Earnings Updates Fundamental Analysis Join thousands of investors worldwide who use TIKR to supercharge their investment analysis.