Terex acquires Canadian volumetric mixer producer
By Adam FreillConcrete Construction Construction Materials Equipment
Brand addition will allow Terex to expand its overall presence in the concrete mixer space.
Global manufacturer of materials processing machinery and aerial work platforms, Terex Materials Processing (MP), has announced its acquisition of Canadian company ProAll, a specialist producer of mobile volumetric concrete mixers.
ProAll traces its history to companies that were originally founded in the mid-1960s, and was initially an importer of volumetric mixers into Canada, growing over the years into a major producer of volumetric mixer products for the North American and global markets. Today, the company employs 170 people with a main production base in Olds, Alta., and a service and installation site in Keller, Texas.
The addition of the brand and expertise will allow Terex to expand its overall presence in the concrete mixer space as it joins Terex Advance, which makes front-discharge mixer trucks, and Terex Bid-Well, which manufactures roller pavers for bridge and canal work.
Volumetric mixers eliminate concerns about delivery time between a concrete plant and a job site. Where a conventional mixer truck can deliver within a range of two to three hours from the plant, a volumetric mixer can deliver anywhere with no concern over material degrading or setting up in the back of a mixer. Delivering ingredients enables making several small batches to exact specifications from the same vehicle or meeting the requirements of several different jobs.
“ProAll will provide us with exciting prospects to expand into new markets and grow our knowledge and market share in the mobile concrete pouring industry. We look forward to embarking on this journey together with our new colleagues in Alberta and Texas,” stated Jason Talbot, Terex’s vice-president and GM, MPS and Environmental for the United States and Australia, to whom the ProAll team will report.
“For the past 50 years, ProAll has been a leader in mobile concrete delivery,” said Larry Koop, co-owner and former managing director of ProAll. “This is something we are hugely proud of and one of the reasons that we feel so happy to have the opportunity to become part of the Terex MP family. The existing resources at Terex MP will bring huge benefits and global opportunities to our existing team and I am delighted to see their hard work pay off.”