Terex is a manufacturer of lifting and material handling equipment. The company operates through two business segments: Aerial Work Platforms (AWP) and Materials Processing (MP). The AWP segment designs, manufactures, services, and markets aerial work platform equipment, utility equipment, and telehandlers, as well as their components and replacement parts. The MP segment offers materials processing and specialty equipment, including crushers, washing systems, screens, apron feeders, material handlers, pick and carry cranes, wood processing, recycling equipment, concrete mixer trucks and concrete pavers, conveyors, etc. Additionally, Terex assists customers in the 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.