Terex MP acquires material handling company

Terex MP acquired Mt. Vernon, Missouri-based Marco, a bulk material handling conveyor manufacturer. Photo: Terex MP

Terex MP, a manufacturer of materials processing and lifting machinery, acquired Marco, a manufacturer of bulk material handling conveyors based in Mt. Vernon, Missouri.

As part of the transaction, Terex MP purchased a 100,000-sq.-ft. factory and office space set on a 15-acre site in Mt. Vernon, Missouri. Terex MP says it plans to expand the site’s manufacturing capacity to support the growing demand for mobile conveying equipment in North America. The site offers a central and local distribution hub in North America while also diversifying Terex MP’s manufacturing footprint and providing access to an additional labor pool, according to the company.

Terex will also assume responsibility for Marco’s sales and engineering office in the St. Louis area.

Marco was established in 1936 by E.F. Marsh Engineering and has since designed and manufactured standard, stationary and portable material handling equipment such as stackers, belt feeders, hoppers and bins. The company was the first conveyor manufacturer to design tubular-truss conveyor frames, Terex MP says, which remains a signature product for Marco.

“This acquisition supports Terex MP’s growth strategy to expand our offering in the bulk material handling industries with products that complement the existing portfolio,” says Pat Brian, vice president and managing director at Terex Materials Processing’s ​crushing and screening division. “Tubular-truss conveyor frames offer several benefits – they are hardwearing, easily reconfigured and can withstand pressures of moving without bending. Marco also produces equipment sold into the concrete industry, which will also help to expand our presence in this market.”

Terex MP plans to keep Marco as a brand within Terex MP’s crushing, screening and conveying division that includes Powerscreen, Finlay, EvoQuip and ProStack.