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Terex Consolidating Crane Manufacturing at Oklahoma Factory

Terex Consolidating Crane Manufacturing at Oklahoma Factory

Terex Cranes is consolidating its North American crane production at its Oklahoma City factory in order to make best use of its existing manufacturing footprint.

As a result, the crane manufacturer stopped making rough-terrain cranes, truck cranes, and boom trucks in Waverly, Iowa, on July 19, 2016.

The company expects to start manufacturing those products in Oklahoma City in September.

“The continuing objective of the global Terex Cranes business is to be the most customer-responsive company in the industry and our customers’ long-term sustainable business partner,” says Terex Cranes Vice President and General Manager, Dean Barley. “To achieve this, especially 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," he said.

About 100 production workers in Waverly will be laid off as a result of the move. About 75 office, engineering, and purchasing positions will remain in the Iowa location.

Barley added that the transfer of the Waverly products to Terex's Oklahoma City location fits with the company's strategy of optimizing its manufacturing footprint, investing in the future, and aligning costs with market demand.

Terex's Oklahoma City facility sits on roughly 100 acres, has nearly 700,000 sq.-ft. under roof, and already produces crawler cranes, so company officials expect smooth integration of the Waverly products.

The Oklahoma plant is a long-standing Terex factory that has produced a many kinds of Terex products for various industries.

The Oklahoma facility produces five models of Terex HC Series crawler cranes with capacities ranging from 80 to 285 U.S. tons.

The new products moving there from Waverly include: 16 rough-terrain cranes with capacities from 30 to 130 U.S. tons; 11 boom trucks with capacities from 10 to 80 U.S. tons; and four telescopic truck cranes with capacities from 40 to 80 U.S. tons.

Terex has recently invested several million dollars to upgrade its Oklahoma City facility, so it is ready to provide the additional manufacturing capacity needed to produce the products previously made in Waverly.

The Oklahoma City facility's central location is ideal for transportation of cranes and raw materials, and for shipping finished goods. It is also within driving distance of the Port of Houston for improved importing and exporting. The Terex facility also boasts excellent training facilities for Terex team members, customers, and distributors.

“By centralizing production in Oklahoma City, we anticipate great efficiency, economies of scale, and excellent customer outreach opportunities, so we can increase our customer responsiveness,” concluded Barley.


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