Terex is a manufacturer of lifting and material handling equipment. The company operates through two segments: Aerial Work Platforms (AWP) and Materials Processing (MP). The AWP segment designs, manufactures, services, and markets aerial work platform equipment, utility equipment, telehandlers, and light towers. The MP segment offers materials processing and specialty equipment, including crushers, washing systems, screens, apron feeders, material handlers, pick and carry cranes, wood processing, biomass and recycling equipment, concrete mixer trucks and concrete pavers, conveyors, and their related components and replacement parts. Additionally, Terex assists customers in rental, leasing, and acquisition of its products through Terex Financial Services (TFS). The company serves the construction, infrastructure, quarrying, mining, shipping, transportation, refining, energy, and utility industries.