Terex AWP Announces Strategic Alliance With NJPA

REDMOND, WASH. (June 22, 2010) –The Terex Aerial Work Platforms (AWP) segment of Terex Corporation (NYSE: TEX) has announced a state and municipal purchasing contract award with the National Joint Powers Alliance® (NJPA), which serves more than 31,000 governmental agencies, public and non public educational systems, and non-profit organizations. The four-year contract will enable Terex AWP to be the NJPA’s exclusive source for aerial work platform products.

“Working with the NJPA is a unique opportunity to increase the exposure of Genie® products,” said Rusty Pugh, Government Sales Manager, Terex AWP. “Our products will be able to reach a broad audience while providing a shorter lead time at competitive pricing. We look forward to working with the NJPA and our Genie dealers to provide world class business solutions to government agencies, school districts and non-profits nationally.”

NJPA allows participating governmental agencies to reduce the cost of goods by leveraging their combined purchasing power. “Traditional bid proposals cost an agency an average of $8,000 to complete; this is simply a better way of doing business,” said Pugh.

“Government agencies view contracts as a cost effective manner to procure equipment,” said Greg Haglin, NJPA Contract Manager. “Contract purchasing is increasing at a very rapid rate within local and state government purchasing. The speed to acquisition and cost are the absolute drivers.” The relationship between Terex AWP and the NPJA will be managed by the Federal Contracts Corp, which will monitor the bidding nationwide, advise Terex AWP of opportunities, address questions or concerns, assist dealer sales in quotations, and establish training programs.

About Terex

Terex Corporation is a diversified global manufacturer operating 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, energy, 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.

Public Relations Contact
Melinda Zimmerman-Smith
Phone:425.556.6511
Fax:425.556.6535
Email: melinda.smith@terex.com