WESTPORT, CT, April 21, 2009 — Terex Corporation (NYSE: TEX) today announced a net loss for the first quarter of 2009 of $74.9 million, or $0.79 per share, compared to net income of $163.3 million, or $1.59 per share, for the first quarter of 2008. Net sales were $1.30 billion in the first quarter of 2009, a decrease of 45% from $2.36 billion in the first quarter of 2008. Adjusting for the translation effect of foreign currency exchange rate changes, net sales decreased 37% from the comparable prior year period. During the first quarter of 2009, the Company incurred after-tax charges of $30 million, or $0.32 per share, associated with restructuring programs and a continued reduction in production levels. All per share amounts are on a fully diluted basis. View Full Press Release