Since August 2011, Terex Corporation in the United States has held a majority share in Terex Material Handling & Port Solutions AG (former Demag Cranes AG), which forms its fifth segment Material Handling & Port Solutions. Through Material Handling & Port Solutions, Terex Corporation is one of the world’s leading suppliers of industrial cranes, crane components and services under the Demag brand, as well as port technology with a broad range of manual, semi-automated and automated solutions under the Terex® and Terex® Gottwald brands. Terex Material Handling & Port Solutions manufactures in 16 countries on five continents and operates a sales and service network in more than 60 countries.

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