Terex Cranes Finds Counterfeit Cranes in China


Terex Cranes has identified eight lattice boom crawler cranes as counterfeits of its products in the Henan Province of China and is undertaking legal action in cooperation with Chinese government authorities. The cranes were being sold as used Terex® Demag models. In recent months, at least two other crane manufacturers have reported counterfeiting of their products, according to trade publication reports.

While Terex is concerned with possible misappropriation of intellectual property, and potential damage to its corporate identity, our first concern is that of safety. Simply put, Terex believes that these counterfeit cranes pose a safety hazard due to their mix of different design features and unmatched components.

Caveat emptor ¨C Buyer beware of fake cranes!
Buyers of cranes being sold as used in China should check the authenticity and seek the support of Terex Cranes as the Original Equipment Manufacturer (OEM). It takes more than checking serial numbers as those are easy to forge. A physical inspection and careful evaluation of photographs along with serial number verification is necessary for official authentication.

About Terex
Terex Corporation is a diversified global manufacturer with 2008 net sales of $9.9 billion. Terex operates in four business segments: Terex Aerial Work Platforms, Terex Construction, Terex Cranes and Terex Materials Processing & Mining. 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.

Photo captions: A considerable number of cranes have been positively identified as fakes with incorrect markings, serial numbers, etc.
Source: Terex Corporation
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