Terex MHPS (formerly Demag Cranes) is a global provider of industrial cranes, crane components, harbor cranes, and port automation technology. The company is divided into three business segments: Industrial Cranes (manufactures components and complete cranes; responsible for nearly half of total company sales), Port Technology (solutions for material flow and logistics requirements in ports and terminals), and Services (inspections, repairs, and refurbishment). Terex MHPS operates manufacturing facilities in approximately 16 countries and serves customers through a sales and service network in more than 60 countries worldwide. The company is a subsidiary of industrial equipment maker Terex.