WESTPORT, Conn.--(BUSINESS WIRE)--May 24, 2004--Terex Corporation
(NYSE: TEX) today announced that it will participate in the Credit
Suisse First Boston Small Cap Conference at the CSFB conference
facilities at 11 Madison Avenue in New York, New York on Wednesday,
May 26, 2004. The meeting will include a presentation at 3:15 PM EDT
by Ronald DeFeo, Chairman and Chief Executive Officer, Phil Widman,
Senior Vice President and Chief Financial Officer, and Tom Gelston,
Director Investor Relations.
The slide presentation from the conference can be accessed
beginning Wednesday, May 26, 2004 on the Terex Corporation website,
www.terex.com under the Investor Relations section.
The presentation 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, infrastructure and mining activity and products produced
for the military 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
significant 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 with 2003
revenues of $3.9 billion. The Company operates in five business
segments: Terex Construction, Terex Cranes, Terex Aerial Work
Platforms, Terex Mining, and Terex Roadbuilding, Utility Products and
Other. Terex manufactures a broad range of equipment for use in
various industries, including the construction, infrastructure,
quarrying, recycling, surface mining, shipping, transportation,
refining, utility and maintenance industries. 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
Tom Gelston, 203-222-5943
SOURCE: Terex Corporation