Terex AWP Sales Increase 66% in Fourth Quarter

Rental companies and general economic recovery in North American credited with aerial work platform rebound

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 . . . )