February 14, 2006

Terex Moving Unit Rig From Tulsa

By ROBERT EVATT World Staff Writer

The maker of huge mining trucks employs 60 people at its operation here.

Terex Mining Co., a builder of huge mining and construction trucks, is moving the remainder of its Unit Rig & Equipment Co. operations to Denison, Texas.

Of the 60 management, engineering and support personnel staff in Tulsa, 45 have been offered jobs in Texas, said Patti Fanning, director of human resources at Terex.

"We'll start moving people on March 1, and we anticipate the process going through July 1," Fanning said Friday in a phone interview.

The move will eliminate Oklahoma's last vestiges of Unit Rig, which was founded in Tulsa in 1935 by four businessmen to manufacture drilling equipment and well-servicing units.

"Unit Rig will no longer have a presence in Tulsa," Fanning said.

Unit Rig's Web site, www.terexmining.com, lists 37 job openings for the Denison location.

Terex Mining moved Unit Rig's manufacturing and warehouse operations to Lubbock, Texas, and Southaven, Miss., in 2002, affecting 40 jobs. At that time, the company planned to keep 80 people in Tulsa.

The year before, the company employed 262 people in Tulsa.

Terex Corp., the parent of Terex Mining, will retain another facility in Tulsa that is not connected with Unit Rig.

"We have about 20 people working at another site here," Fanning said.

Terex Mining is one of the world's leading manufacturers of rugged off-road dump trucks. Priced from $1 million to more than $2 million, the huge vehicles are used by mining companies in Canada, India, China, Indonesia, Australia, Chile and the United States.

Unit Rig was acquired in July 1988 by Terex Corp., which later merged it with another company to form Terex Mining.

Robert Evatt 581-8447

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