Terex attains 65 per cent of Topower

Terex Corporation recently acquired 65 per cent of Topower - a China-based privately owned crane manufacturer. Also, Terex and Fujian South Highway Machinery Company (NFLG) are holding up a joint venture for manufacturing mobile materials processing equipment in China. This will increase the growth opportunity for Jinan-based Shandong Topower Heavy Machinery Manufacture Co Ltd (Shandong Luneng Everbright Heavy Machinery Co Ltd). Contact: Terex Corporation Tel: +1 (203) 222 7170. Fax: +1 (203) 222 7976. Website: www.terex.com