Terex AWP Sales Increase 66% in Fourth Quarter

Terex Corp.'s AWP division, purveyor of the Genie brand, reported net sales for the fourth quarter of 2010 increased by $135.8 million, or 66.3%, to $340.6 million versus the fourth quarter of 2009. The company said the North American market continued its recovery with increased capital expenditures from rental companies, and the U.S. is showing a specific rebound in demand for aerial work platform equipment. (More at KHL.com . . . )