Terex has sold its large wheel loader line (TL160, TL210, TL260, TL310) to Atlas Maschinen.
Atlas plans to make machines under both the Terex brand and its own Kaelbe/Atlas brand, with prodution starting in late 2013. Atlas also said that Terex distributors would keep relationships with Terex unless other agreements were made. Terex had stopped production of the large wheel loader models earlier this year. When production resumes, it will switch factories, going from the Terex plant in Crailsheim, Germany, to an Atlas facility in Ganderkesee, Germany.