WESTPORT, Conn.--(BUSINESS WIRE)--March 7, 2005--TEREX Corporation
(NYSE: TEX) today announced that it will participate in the Smith
Barney Citigroup Global Industrial Manufacturing Conference at the
Grand Hyatt at Grand Central in New York, New York on Tuesday, March
8, 2005. The meeting will include a presentation by Ronald DeFeo,
Chairman and Chief Executive Officer.
A live webcast of this presentation can be accessed on Tuesday,
March 8, 2005 at 8:45 a.m. (EST) on the TEREX Corporation website,
www.terex.com, under the Investors 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 for
90 days by accessing the above address. There is no charge to access
the event.
The presentation and 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, 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; TEREX's continued access to capital and
ability to obtain parts and components from suppliers on a timely
basis 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; TEREX's ability to
file its periodic reports with the SEC on a timely basis; TEREX's
ability to ensure that all intercompany transactions will be properly
recorded; compliance with applicable environmental laws and
regulations; and other factors, risks, uncertainties more specifically
set forth in TEREX's public filings with the SEC. In addition, until
the previously announced review by TEREX of its accounts is concluded,
no assurance can be given with respect to the financial statement
adjustments, impacts and periods resulting from such review, nor can
there be assurance that additional adjustments to the financial
statements will not be identified. 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 speak only as of the date of
the presentation and webcast. TEREX expressly disclaims any obligation
or undertaking to release publicly any updates or revisions to any
forward-looking statement included in the presentation or webcast 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 2004
net sales of approximately $5.0 billion. Terex operates in five
business segments: Terex Construction, Terex Cranes, Terex Aerial Work
Platforms, Terex Materials Processing & 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