GRAND RAPIDS, MN – Terex Construction Americas has announced that Kurt Bollman has been named General Manager of Terex ASV, the company’s compact track loader manufacturing facility. Bollman was previously general manager of Terex ASV’s Loegering undercarriage design and manufacturing plant in Casselton, N.D.

Bollman replaces Mark Glasnapp, former President of Terex ASV, who is retiring. “We thank Mark for his outstanding service to Terex ASV. He played an important role in building the compact track loader business and we wish him the best of luck in the future,” said Robert Desel, Vice President, Terex Construction Americas. “At the same time, we congratulate Kurt on his new position, from which he is uniquely qualified to lead Terex ASV’s engineering and manufacturing operations into the future.”

A certified public accountant, Bollman has been with the Terex subsidiary manufacturing location, Loegering, for eight years. The last four of those years were in senior leadership roles. Previously, Bollman held such positions as controller, management information system director and chief financial officer for industries as diverse as the soft drink industry, long-haul trucking and agricultural seed. He has also owned his own public accounting firm. Bollman will retain responsibility for the Loegering facility as part of his new, expanded position.


About Terex
Terex Corporation is a diversified global manufacturer with 2008 net sales of $9.9 billion. Terex operates in four business segments: Terex Aerial Work Platforms, Terex Construction, Terex Cranes and Terex Materials Processing & Mining. Terex manufactures a broad range of equipment for use in various industries, including the construction, infrastructure, quarrying, mining, shipping, transportation, refining, and utility industries. Terex offers a complete line of financial products and services to assist in the acquisition of Terex equipment through Terex Financial Services. More information on Terex can be found at www.terex.com.