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Company

Terex Port Solutions

Terex Port Solutions (formerly Terex Material Handling & Port Solutions, MHPS) was a division of Terex Corporation providing port automation and terminal…

Founded
2011
HQ
Westport, CT
Status
active

Overview

Terex Port Solutions (formerly Terex Material Handling & Port Solutions, MHPS) was a division of Terex Corporation providing port automation and terminal equipment, including automated straddle carriers, terminal tractors, and crane systems. In May 2016, Terex agreed to sell MHPS to Konecranes for EUR 1,126 million; the acquisition completed in January 2017, making Konecranes the world's largest port equipment manufacturer. Terex also owns ZenRobotics, a robotic waste sorting company whose AI-powered robots operate in 15+ countries.

Verified record

Verified deployments
None on file
Active incidents
None on file

Key facts

Focus

Port and terminal equipment.

HQ

Norwalk, CT.

Parent

Terex Corporation

Stage

Public company (NYSE: TEX).

Type

US multinational.

Subsidiary

ZenRobotics (robotic waste sorting)

Acquired by

Konecranes (January 2017, EUR 1,126M)

President MHPS

Acquisition value

EUR 1,126 million

Data & sources

Web sources

1

1 source backing this record.View all →

Partnerships

Every company Terex Port Solutions has built with, alongside the ones only announced in a press release.

2 total2 operating

Most-frequent partners

  1. 1AWS1× joint976 total
  2. 2NVIDIA1× joint1108 total

Most recent

Terex Port Solutions on the deployment map

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Relationships

Current leadership (2)

Safety record

No incidents on record for Terex Port Solutions.

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Recent coverage

Terex Port Solutions in third-party press