Terex Materials Processing, a business segment of Terex Corporation and Continental Biomass Industries, Inc. (CBI) acquired the assets of CBI by Terex, expanding the Terex Environmental Equipment (TEE) product line.
President of Terex Materials Processing Kieran Hegarty says, “Wood processing, biomass fuel production, and recycling are strong and growing industries that are driven by increasing global demand for environmentally responsible solutions to waste disposal and alternative energy. We see a real opportunity to bring value to customers in these industries by providing equipment that combines the know-how of CBI and TEE with our existing Materials Processing expertise.”
Terex Environmental Equipment will serve customers via three distinct channels:
- The CBI brand will be maintained as a Terex brand within the portfolio. CBI products will serve the high-capacity, full-feature needs of recycling, wood processing and biomass customers, including custom-engineered solutions, where appropriate. CBI products will be represented by a direct sales force, who will work in collaboration with TEE and other Terex distribution.
- The Terex Eco product range will address mid-range recycling and wood processing needs for turnkey mobile solutions. This product line will primarily be sold by a network of specialized distributors, with knowledge of application requirements and focus on the specific needs of customers.
- The Terex Arborist line will include hand-fed chippers and other smaller equipment that is primarily used by tree-care specialists, utility line maintenance, and construction/ landscaping contractors. Terex Arborist equipment will be sold direct to large fleet owners and to smaller customers via a network of tree-care specific dealers.
According to Tony Devlin, TEE worldwide business director, “Terex Materials Processing has a long history of providing application-specific equipment that converts complex materials into more useful, more valuable, and less waste intensive outputs. We’re excited to build on that heritage as we further expand into the recycling, biomass and wood processing industries, and we look forward to adding value to these industries by serving our new customers to a very high standard.”