Terex Corporation chairman and CEO Ron DeFeo is predicting strong growth over the next three years, with the aim of US$10bn revenues by 2015, up from $7.3bn in 2012. However, unlike so often in the past, he is not looking for acquisition but to develop the existing business. Indeed, the company has recently sold off much of its road construction business, as it was struggling to expand that division.
Terex Corporation chairman and CEO Ron DeFeo is predicting strong growth over the next three years, with the aim of US$10bn revenues by 2015, up from $7.3bn in 2012. However, unlike so often in the past, he is not looking for acquisition but to develop the existing business. Indeed, the company has recently sold off much of its road construction business, as it was struggling to expand that division.
Infrastructure expansion is the key to China’s continued economic development, according to the organisers of the upcoming bauma China 2012 event to be held in Shanghai. The bauma China 2012 show will take place from November 27 to 30, 2012 in Shanghai. Over 2,000 exhibitors are expected to take part in this “International Trade Fair for Construction Machinery, Building Material Machines, Construction Vehicles and Equipment”. And – for the first time – the event will be taking up the entire site at the Shan
