Terex Moves North American Crane Manufacturing to Oklahoma City
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July 19, 2016 – Terex Cranes announced that it will expand its North American cranes production at its Oklahoma City facility. Effective today, it has closed production of its rough-terrain cranes, truck cranes, and boom trucks in Waverly, Iowa. Production in OKC of the lines previously built in Waverly is expected to commence in September. It currently produces crawler cranes at the OKC facility.
According to a Terex spokesperson, the company laid off 100 production workers, and 75 other jobs will be affected. Terex plans to keep its Global Business Services operations in Waverly. Local news reports said that the 100 workers received 60-day severance packages.
“In today’s challenging economy, we must carefully control our costs and ensure our manufacturing footprint is efficient, so we make the best use of our resources as we build for the future," said Dean Barley, vice president and general manager of Terex Cranes. "The transfer of our Waverly product lines to our Oklahoma City location is consistent with our continuing strategy to win in the marketplace by optimizing our manufacturing footprint, investing in the future, and aligning our costs with market demands.”
He added that for customers, it is "business as usual." Customer support, sales,a nd engienering teams will remain in place, and the Wilmington, N.C.-based product support team is unaffected.
The Terex campus in Oklahoma City sits on roughly 100 acres, has close to 700,000 sq. ft. under roof. Four Terex segments are represented there. Terex has recently made multi-million dollar investments in upgrades at the campus in Oklahoma City, so it able to handle the additional manufacturing capacity required by the integration of the three product lines previously manufactured in Waverly.
The Oklahoma campus currently produces five models of the Terex HC Series crawler cranes, offering 80 to 285 tons of lifting capacities. Joining these crane models in September will be the three product families previously produced in Waverly: 16 rough-terrain crane models with capacities from 30 to 130 tons; 11 models of boom trucks with lift capacities ranging from 10 to 80 tons; and four telescopic truck cranes offering capacities from 40 to 80 tons.
According to Terex, the centrally located Oklahoma City campus is ideal for transportation of cranes and raw materials and shipping finished goods. It is also within driving distance of the Port of Houston for improved access to import and export. The Terex facility also boasts excellent training facilities for Terex team members, customers, and distributors.
