Terex Corp

Stock Symbols
NYSE
:
TEX
FRA
:
TXG
company headquarters
USA
ISSUES

A US manufacturer of machinery and lift equipment for construction and infrastructure projects. Its equipment has been used in home demolitions and in the construction of Israel's separation wall, the Tel Aviv–Jerusalem railway, and military checkpoints. 

Terex, headquartered in Westport, Connecticut, manufactures machinery and lift equipment for a variety of industries, including construction, infrastructure, quarrying, energy, and transportation.

According to Who Profits, Terex equipment has been used to facilitate the expansion of illegal Israeli settlement infrastructure. For example, trucks manufactured by the company were used in the construction of the Tel Aviv–Jerusalem railway, which cuts through the occupied Palestinian territory.

Track excavators manufactured by the company have also been used to demolish Palestinians' homes in several locations in the occupied West Bank.

Additionally, Terex vehicles have been used in the construction of Israel's illegal West Bank separation wall. Lighting fixtures manufactured by the company are installed in at least three nearby military checkpoints in the occupied West Bank, as documented by Who Profits.

Economic Activism Highlights
  • In November 2020, San Francsico State University's student government passed a resolution calling for the university to pull out of investments in companies that do business in Israeli settlements, referencing the 112 companies linked to the illegal settlements in Palestine as listed by the United Nations.
  • In October 2020, Fresno State University’s student government voted in favor of a divestment resolution calling for the university to divest from the 112 companies linked to the illegal settlements in Palestine, as listed by the United Nations.
  • In 2009, the Board of Trustees at Hampshire College, following a two-year student-led campaign, approved divestment from Terex due to “human rights concerns in occupied Palestine.”
Unless specified otherwise, the information in this page is valid as of
19 August 2022