It is from www.cmbol.com that the traditional 3rd biggest construction equipment manufacturer in the world, Terex Group signed the cooperation contract with Shandong Tuoneng Group in Beijing, capital of China. Terex Group absorbs 65% shares from crane manufacturing section of Tuoneng Group. Therefore, Terex takes office as the shareholder of crane manufacturing section of Tuoneng Group.

Shandong Tuoneng Group is a famous China manufacturer majored in industry, academia and research. It covers construction, energy, machinery etc. It takes granted that Terex will greatly expand product lines in CHina and further improve manufacturing distribution. Terex will soon become the solution supplier of large-scale port cranes, crawler cranes to medium and smaller truck cranes.