TEREX MP has completed the purchase of MARCO, a manufacturer of bulk material handling conveyors based in Missouri, USA.
As part of the transaction, Terex MP will purchase a 100,000 square foot factory and office space set on a 15-acre site in Mt. Vernon, Missouri. Terex MP revealed it plans to expand the site’s manufacturing capacity to support demand for mobile conveying equipment in North America.
MARCO was established in 1936 by E.F. Marsh Engineering and has since designed and manufactured standard, stationary and portable material handling equipment such as stackers, belt feeders, hoppers, and bins. The company was the first conveyor manufacturer to design tubular-truss conveyor frames, which remain a signature product for MARCO today.
Pat Brian, VP and MD for Terex Materials Processing’s crushing and screening division, said, “This acquisition supports Terex MP’s growth strategy to expand our offering in the bulk material handling industries with products that complement the existing portfolio. Tubular-truss conveyor frames offer several benefits — they are hardwearing, easily re-configured and can withstand pressures of moving without bending.
“MARCO also produces equipment sold into the concrete industry, which will also help to expand our presence in this market.”
Terex MP said it plans to keep MARCO as a brand within Terex MP’s crushing, screening and conveying division that includes Powerscreen, Finlay, EvoQuip and ProStack.
