Terex completes sale of Capacity Trucks and LayMor to Right Lane
Terex ($TEX) sold Capacity Trucks and LayMor to private industrial group Right Lane Industries, which confirmed completion of the transaction. The buyer acquired all membership interests in both businesses, and financial terms were not disclosed. Capacity produces terminal tractors used to move trailers around ports, rail terminals and distribution centers; LayMor makes ride-on sweepers for construction, municipal and rental customers. Both operations are based in Longview, Texas, and will conti
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