Company announces acquisition of steel fabricator to support growth of Materials Processing
TEREX today announced the acquisition of Steelweld, the Northern Ireland-based manufacturers of heavy fabrications. The purchase will support Terex Materials Processing’s growth strategy by increasing fabrication capabilities in Northern Ireland.
‘We are excited to welcome Steelweld’s talented employees to the Terex team,’ said John L. Garrison Jr., chairman and chief executive officer of Terex Corp. ‘Over the past 40 years, the company has built a highly skilled workforce and has a valued reputation for high levels of quality and service.’
Kieran Hegarty, president of Terex Materials Processing, added: ‘Steelweld’s expertise in heavy fabrications will provide additional knowledge and talent to support the growth of Terex Materials Processing.’