Terex

Continued consolidation, rapid technological advancements and labor challenges point toward an ambitious new year.

Company founded in 1819 opened North American headquarters in Detroit in 1965.

Companies reported combined revenues of $10 billion in 2014.

Manufacturers of overhead handling equipment are putting an emphasis on safety while creating new, automated solutions that help people work smarter, better and faster.

No longer content to order from a catalog and let operators figure out the rest, more customers are working closely with suppliers to develop custom overhead handling solutions that elevate safety, productivity and equipment longevity.