Terex Construction and Vermeer Corporation have come to an agreement.
The two companies entered into a private label agreement on Sept. 25
Terex Construction, a business segment of Terex Corporation, will provide Vermeer with a forestry compact track loader specifically designed to work in Vermeer’s applications.
“This agreement represents a good opportunity for incremental volume to better leverage our manufacturing operations in Grand Rapids, Minnesota, and drive additional operational efficiencies through our production and supply chain,” says Dean Barley, vice president and general manager, Terex Construction Americas and Global Aftermarket.
The Terex Grand Rapids facility manufactures a full line of Terex compact track loaders and skid-steer loaders.