Untangling the Euclid-Terex Web

摘要

Volvo's purchase of the Terex rigid hauler line is the latest chapter in a lengthy and complicated story. Some observers noted that the sale took the story of Euclid trucks full circle. Not exactly. It's a web of acquisitions, international splits, anti-trust suits, and joint ventures that has included classic brands such as Euclid, Payhauler and Bucyrus. (The 106-year story won't fit on the page alot-ted, but the complete history is online at www. ConstructionEquipment.com/Euclid.) The company that became Euclid was founded in 1907. By 1933, it had evolved into Euclid Road Machinery, which developed the first true off-highway dump trucks. Euclid began production of trucks and scrapers in Moth-erwell, Scotland, in 1951, then it was acquired by General Motors in 1953.