Tim Maxson Appointed Terex Load King Plant Director


Redmond, Wash. (Oct. 8, 2008) - Terex Aerial Work Platforms (AWP), a business segment of the Terex Corporation (NYSE:TEX), announced today that Tim Maxson has been appointed the Plant Director for Terex Load King. Maxson will be based out of the Load King facility in Elk Point, South Dakota.

Maxson will be responsible for developing North American sales and customer service strategies. In addition, Maxson will focus on further expanding Load King's global channels of distribution and dealership networks.

Prior to joining Terex Load King, Maxson served as the Director of Electronic Systems Division for Raven Industries in Sioux Falls, S.D. Before his time with Raven Industries, Maxson held executive leadership roles with Aveo, Inc. as well as Gateway Computer.

Originally from Ohio, Maxson earned his B.S. in Business Administration from Ohio State University while serving in the United States Air Force as an Aeronautical Intelligence Officer. Maxson resides in Sioux Falls, S.D. with his wife and their two sons.

About Terex

Terex Corporation is a diversified global manufacturer with 2007 net sales of approximately $9.1 billion. Terex operates in five business segments: Terex Aerial Work Platforms, Terex Construction, Terex Cranes, Terex Materials Processing & Mining, and Terex Roadbuilding, Utility Products and Other. Terex manufactures a broad range of equipment for use in various industries, including the construction, infrastructure, quarrying, mining, shipping, transportation, refining, and utility industries. Terex offers a complete line of financial products and services to assist in the acquisition of Terex equipment through Terex Financial Services. More information on Terex can be found at www.terex.com.

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