Terex Launches MAGNA® for Large-scale Quarrying and Mining Operations
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MAGNA®
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Terex has launched MAGNA®, a new brand to address the demands of large-scale operations in the quarrying, mining, construction, and recycling industries.
With decades of experience and a reputation for excellence across its Powerscreen, Finlay and EvoQuip brands, Terex has been at the forefront of providing innovative, high-quality equipment solutions. Under the strapline ‘Made for More’, MAGNA will build on this legacy, offering a new range of robust, high-capacity machinery tailored to meet the needs of customers requiring larger output and volumes.
The launch of MAGNA supports the growth of Terex by expanding its offering with products that complement its existing portfolio. MAGNA will leverage the global presence of Terex that spans across all continents, providing high-quality solutions supported by a global network of skilled distributors.
“While we have a prominent position in the global market for compact and mid-sized materials processing equipment, MAGNA will position us to serve customers requiring higher output machines, via our renowned and extensive global distribution network. With an ambitious product roadmap and supported by Terex-wide engineering, manufacturing, marketing, parts, and service capabilities, MAGNA will provide significant growth potential for Terex,” said Pat Brian, vice president of Terex Aggregates.
Spearheading the launch of MAGNA is Neil McIlwaine, newly appointed business line director. Having previously worked for Finlay, McIlwaine completed several successful assignments in China and South Africa to establish and increase Finlay’s distribution footprint and continued growth strategy globally.
“I am excited to leverage my experience to drive innovation, growth, and success for MAGNA,” said Neil McIlwaine, business line director.
“Large and robust crushing and screening equipment is essential for quarries and other operations that require high output and volumes. MAGNA truly is made for more; with equipment that is designed to have more power to handle more material throughput efficiently, ensuring more productivity and more cost-effectiveness for customers,” added McIlwaine.
Terex is a manufacturer of lifting and material handling equipment. The company operates through two business segments: aerial work platforms (AWP) and materials processing (MP). The AWP segment designs, manufactures, services, and markets aerial work platform equipment, utility equipment, and telehandlers, as well as their components and replacement parts. The MP segment offers materials processing and specialty equipment, including crushers, washing systems, screens, apron feeders, material handlers, pick and carry cranes, wood processing, recycling equipment, concrete mixer trucks and concrete pavers, conveyors. Additionally, Terex assists customers in the rental, leasing, and acquisition of its products through Terex financial services (TFS). The company serves the construction, infrastructure, quarrying, mining, shipping, transportation, refining, energy, and utility industries.
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