Terex to sell truck business to Volvo division
Dec 09, 2013 | 12:12 PM
| Corinna Petry
CHICAGO Heavy equipment manufacturer Terex Corp. has agreed to sell its off-highway truck business to Volvo Construction Equipment (Volvo CE) for about $160 million.
The sale, which includes Westport, Conn.-based Terexs truck factory in Motherwell, Scotland, is subject to government regulatory approvals and is expected to close in the first half....
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