WESTPORT, Conn., Sep 27, 2005 (BUSINESS WIRE) -- TEREX Corporation (NYSE: TEX) today announced that it
will participate in the Credit Suisse First Boston Global Mining
Equipment Conference at the CSFB Conference Center Auditorium located
at One Madison Avenue in New York, New York on Thursday, September 29,
2005. The meeting will include a presentation by Ronald DeFeo, TEREX's
Chairman and Chief Executive Officer, and Rick Nichols, President -
TEREX Materials Processing & Mining.
A live webcast of this presentation can be accessed on Thursday,
September 29, 2005 at 1:15 PM (EDT) on the TEREX Corporation website,
www.terex.com, under the Investors section. Additionally, a slide
presentation from the conference will be available beginning on
September 29, 2005 on the TEREX website 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; the SEC
investigation of Terex; 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 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 2004
net sales of approximately $5 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.
SOURCE: TEREX Corporation
TEREX Corporation
Tom Gelston, 203-222-5943