Terex production back up to pre-move levels

Backhoe production at Terex's assembly plant in Coventry has equalled the output of the old Manchester factory, Tony Gardner newly-promoted vice president of Terex Compact Equipment revealed. It is matching Manchester's 14.5 units a day and output is set to rise to between 16 and 20 units per day in 2004, said Gardner.
Gardner said Terex is increasing its backhoe market share worldwide - with growth in the USA "well into double figures". He added that Benford dumpers are also having a record year and have experienced an order backlog of 60 to 70 machines over a three-month period.
"Rather than batch production, we build a little of everything every day and that ensures customers are not caught waiting six weeks for the next batch to be produced." Agricultural telehandlers will move in to the new assembly plant this autumn once the peak demand has passed.
Gardner also said first half sales of Schaeff excavators are three times higher than in the whole of 2001 and he expects sales to top 650 units this year.
According to Gardner there will be a number of launches in 2004 across the Terex range. These will represent "value for money - but that does not necessarily mean a low cost price".