Terex MP, global manufacturer of materials processing and lifting machinery, announced the purchase of MARCO, a manufacturer of bulk material handling conveyors, based in Mt. Vernon, Missouri.
© MARCO Conveyors
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, which remain to be a signature product for MARCO today.
“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 for Terex Materials Processing’s Crushing and Screening division. “Tubular-truss conveyor frames offer several benefits – they are hardwearing, easily re-configured 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. MARCO will have substantial growth potential, benefiting from Terex MP’s global distribution network, as well as efficiencies enabled by its global scale and investments in areas such as product development, sustainability, digital solutions, and factories of the future.