A year after originally writing about the key margin improvements expected at Terex Corporation (NYSE:TEX), the amounts are still a future expectation. In fact, back in 2009 the company originally presented the expectations that operating margins would increase to 12% by 2013. The number though still languishes around 6% on a yearly basis.
The company remains a leader in the manufacturer of machinery and industrial equipment focused on aerial work platforms (NYSE:AWP), construction, cranes, material handling and port solutions (MHPS), and materials processing segments.
As highlighted last year, the company plans to be the leader in particular niche machinery and industrial products, but it doesn't maintain the operating margin levels similar to other machinery leaders....
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