WESTPORT, Conn.--(BUSINESS WIRE)--March 31, 2003--Terex
Corporation (NYSE:TEX) today announced that it will participate in the
Deutsche Bank Securities 2003 Basic Industries Conference at The Grand
Hyatt in New York, New York, on April 1, 2003.
The meeting will include a presentation by Ron DeFeo, Chairman and
Chief Executive Officer and Phil Widman, Senior Vice President and
Chief Financial Officer.
A live webcast of this presentation can be accessed on Tuesday,
April 1, 2003 at 9:30 a.m. (EST) on the Terex Corporation website,
www.terex.com under the Investor Relations section.
Listeners should go to this site at least 15 minutes before this
event to download and install any necessary audio software. For those
unable to listen to the live broadcast, a replay will be available by
accessing the above address. There is no charge to access the event.
The webcast may contain forward-looking information based on
Terex's current expectations. Because forward-looking statements
involve risks and uncertainties, actual results could differ
materially. Such risks and uncertainties, many of which are beyond
Terex's control, include among others: Terex's business is highly
cyclical and weak general economic conditions may affect the sales of
its products and its financial results; the sensitivity of
construction and mining activity to interest rates and government
spending; the ability to successfully integrate acquired businesses;
the retention of key management personnel; Terex's businesses are very
competitive and may be affected by pricing, product initiatives and
other actions taken by competitors; the effects of changes in laws and
regulations; Terex's business is international in nature and is
subject to changes in exchange rates between currencies, as well as
international politics; the ability of suppliers to timely supply
Terex parts and components at competitive prices; the financial
condition of suppliers and customers, and their continued access to
capital; Terex's ability to timely manufacture and deliver products to
customers; Terex's substantial amount of debt and its need to comply
with restrictive covenants contained in Terex's debt agreements;
compliance with applicable environmental laws and regulations; and
other factors, risks, uncertainties more specifically set forth in
Terex's public filings with the SEC. Actual events or the actual
future results of Terex may differ materially from any forward looking
statement due to those and other risks, uncertainties and significant
factors. The forward-looking statements herein speak only as of the
date of this release. Terex expressly disclaims any obligation or
undertaking to release publicly any updates or revisions to any
forward-looking statement included in this release to reflect any
changes in Terex's expectations with regard thereto or any changes in
events, conditions, or circumstances on which any such statement is
based.
Terex Corporation is a diversified global manufacturer based in
Westport, Connecticut. Terex is involved in a broad range of
construction, infrastructure, recycling and mining-related capital
equipment under the brand names of Advance, American, Amida, Atlas,
Bartell, Bendini, Benford, Bid-Well, B.L. Pegson, Canica, Cedarapids,
Cifali, CMI, Coleman Engineering, Comedil, CPV, Demag, Fermec, Finlay,
Franna, Fuchs, Genie, Grayhound, Hi-Ranger, Italmacchine, Jaques,
Johnson-Ross, Koehring, Lectra Haul, Load King, Lorain, Marklift,
Matbro, Morrison, Muller, O&K, Payhauler, Peiner, Powerscreen, PPM,
Re-Tech, RO, Royer, Schaeff, Simplicity, Square Shooter, Telelect,
Terex, and Unit Rig. Terex offers a complete line of financial
products and services to assist in the acquisition of Terex equipment
through Terex Financial Services. More information on Terex can be
found at www.terex.com.
CONTACT: Terex Corporation, Westport
Kevin O'Reilly, 203/222-5943
SOURCE: Terex Corporation