From left, Kieran Hegarty, President, Terex Materials Processing; Tony Devlin, TEE Global Business Line Director; and Anders Ragnarsson, Managing Director, CBI
Terex/CBI Union Strengthens Both Major changes in store for CBI’s New Hampshire manufacturing facility.
hen Terex Materials Processing (MP) purchased the assets of Continental Biomass Industries (CBI) in April, many around the industry wondered what kind of direction was in store for CBI, a company that had thrived in the wood, biomass and recycling markets since 1988. Nearly six months since the acquisition, the dust has settled and it’s becoming clear how well CBI fits into the plans of Terex MP, a business segment of Terex Corp. For years, Terex MP was active in the wood processing industry by selling trommels and screens but it was not until 2011 when it finally entered 32
the wood chipper market. Terex MP purchased Woodsman that year, thus launching what is now called Terex Environmental Equipment (TEE). Acquiring the Michigan-based manufacturer was a significant step in TEE’s development but it would take a company of CBI’s caliber to give TEE a mobile product line that could compete worldwide. Otherwise, it would take years to design and manufacture the machines in-house. CBI 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, pulp and paper, sawmill, 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,” says TEE 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
TIMBER HARVESTING & WOOD FIBER OPERATIONS
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