Terex Materials Processing

Terex Environmental Equipment

THE ACQUISITION
For years, Terex Materials Processing was active in the wood processing industry by selling trommels and screens but it was not until 2011 when it finally entered the wood chipper market. Acquiring the Michigan-based wood chipper manufacturer was a significant step in Terex's development but it would take a company of CBI’s caliber to allow the MP mobile product line to compete worldwide. Otherwise, it would take years to design and manufacture the machines in-house.

CBI has defined the biomass processing industry with world-class machinery and equipment designed around customer preferences. CBI’s equipment is designed and purpose-built to handle the demanding materials and various applications within the markets of forestry, construction and demolition debris, municipal solid waste, biofuel power generation, pulp and paper, saw mill, mulch and green waste.

“Over the last few years, Terex has looked at a lot of potential acquisitions and one of the main attractions of CBI was its product and brand reputation,” said Terex Ecotec Business Line Director Tony Devlin. “The throughput and reliability of CBI products is legendary and we really wanted to buy a company that has the best products. The team at CBI is a passionate bunch and that really impressed us. They are very tightly engaged with customers and understanding of their requirements.”

TEREX AT A GLANCE
Terex, which has invested approximately $4.0 billion in over 40 strategic acquisitions since 1994, carries over 18,000 employees across the globe. The lifting and material handling solutions company operates in five separate business segments including aerial work platforms, construction, cranes, material handling and port solutions and materials processing. Industries that Terex’s business segments cater to are construction, infrastructure, manufacturing, shipping, transportation, refining, energy, utility, quarrying and mining.

“Terex is the perfect partner to take the CBI brand to the next level,” said CBI Managing Director Anders Ragnarsson. “When you put together Terex’s global talent and established distribution channels with CBI’s strong product development, service and custom design capabilities, I can see very good results for the near future.”

CBI AT A GLANCE
Founded by Ragnarsson in 1988, CBI has pioneered the advancements of grinding, chipping and shredding to make material recovery and recycling profitable for machine owners. For past and current customers accustomed to CBI’s bright yellow machines, Ragnarsson reassures that the colors may change on a few machines but that the company’s commitment to will never be compromised. 

“The level of quality we put into our machines will never change,” Ragnarsson said. “Whether it’s the design phase, structuring the frame or applying the last coat of paint, we will never compromise quality. That’s the way we’ve always done it and that’s the way we’ll continue to do so.”

TEREX ECOTEC RANGE
CBI is joined by the Terex Ecotec Range and the Tree Care Range. A handful of CBI machines will be available to the North American market under the Ecotec Range, which includes industrial grinders such as the CBI Magnum Force 5400B, 5800B, 6400B, and 6800B.

As for the chipper line, the CBI Magnum Force 484B (TBC 435) will also be available. The machines come standard with a Caterpillar C18, 765 hp diesel engine. Each of the grinders and chippers mentioned will be painted in Terex grey and white and manufactured out of CBI’s Newton, NH headquarters.

“The biomass and recycling market is large and growing,” said Devlin. “As the world wants to move away from its dependency for fossil fuels and natural resources become more precious, this will mean that developed and developing countries will exploit the potential of biomass energy.”

“We’re in the process of establishing a Terex Ecotec dealer network in North America and the addition of CBI machines to the product offering has generated a significant amount of interest,” said Art Murphy, the North American Sales Director for Terex Ecotec. “We’re ramping up production to meet additional dealer inventory demands and we’re well on our way to having dealer coverage throughout North America.”

FACILITY UPGRADES
Major changes are expected for CBI’s facility in Newton, NH as well. As it stands now, the facility operates at 64,000 sq ft with 32,000 sq ft designated for machine production. CBI Shop Foreman Paul Crinklaw, a 23-year CBI employee, is actively involved in discussions focused on upgrading the facility. There are hopes to begin the construction later in 2015. 

“I’ve seen this company steadily develop since I first came on board,” Crinklaw said. “There’s been talks about building a new weld shop that would also be conjoined by a new paint shop. Together, those shops would make for a 32,000 sq ft facility. Also, we’d be converting space within the existing production shop into two new manufacturing bays for increased productivity.

“Our labor force would increase because of that,” he continued. “It’s funny because I remember when this place wasn’t much more than a few pickup trucks. I never thought I’d get to see CBI get to where it is today and I’m glad I can be a part of it. We’re excited about meeting the Terex standard.”

 
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