Terex to move 10 Genie product lines to Mexico
By Lindsey AndersonMarch 21, 2023
Terex, parent company of Genie, will move 10 of the company’s access equipment production lines to its facility in Monterrey, Mexico later this year, said John Garrison, Terex CEO and president.
The news follow Genie’s announcement in 2021 that it would close its Oklahoma facility and shift its telehandler production to Mexico.
Product lines that will be shifted include a range of the company’s scissor lifts that are currently being produced in China, as well as some of Genie’s vertical mast lifts from its Redmond, WA facility. Additionally, all telehandlers will eventually be manufactured from the Monterrey plant, as well.
Garrison said the product line changes will be implmented over the next 18 to 24 months, but also cautioned the changes will negatively impact production volumes and manufacturing efficiencies in 2023.
“It’s a challenge in the supply-chain-constrained environment,” Garrison said of the moves. “The team’s got a plan and and we’re confident we’re going to execute it, but it’s going to take a little bit of time and we’re going to experience some disruption as we implement the plan.
The Monterrey plant has been under construction for nearly two years, Garrison said, and is set to officially open early in the second quarter.