Terex MP acquires Alberta-based producer of mobile volumetric concrete mixers
Terex Materials Processing (MP) has acquired the Canadian company ProAll, a producer of mobile volumetric concrete mixers.
ProAll's history traces to companies that were originally founded in the mid-1960s. The company was initially an importer of volumetric mixers into Canada but has since grown into a producer of volumetric mixer products for the North American and global markets. The company employs 170 people and is experiencing strong demand. ProAll's main production is based in Olds, Alberta. It also operates a service and installation site in Keller, Texas.
ProAll's products are designed for business owners who seek to combine technology with flexibility and reliability in concrete delivery. ProAll's equipment delivers make-to-order concrete that improves the quality and efficiency of end-customer operations while making smaller and more specialized pours more possible and affordable.
ProAll's expertise will be a valued addition to the Terex portfolio. ProAll will join Terex Advance and Terex Bid-Well as businesses in Terex MP's concrete sub-segment. These businesses represent a commitment by Terex to increasing its participation in North America's growing construction markets and in meeting growing infrastructure needs. ProAll also adds an international dimension to what has been a primarily North American business area for Terex.
Volumetric mixers eliminate concerns about the delivery time between a concrete plant and a job site. Where a conventional mixer truck can deliver within a range of two to three hours from the plant, a volumetric mixer can deliver anywhere with no concern over material degrading or setting up in the back of a mixer. Delivering ingredients enables making several small batches to exact specifications from the same vehicle or meeting the requirements of several different jobs.
The ProAll team will report to Jason Talbot, Terex vice president and GM, MPS, and environmental in the United States and Australia.
"ProAll will provide us with exciting prospects to expand into new markets and grow our knowledge and market share in the mobile concrete pouring industry," says Talbot. "We look forward to embarking on this journey together with our new colleagues in Alberta and Texas."