<ARTICLE> 5
<LEGEND> THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM
         THE TEREX CORPORATION SEPTEMBER 30, 1994 FORM 10-Q AND IS QUALIFIED
         IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
<MULTIPLIER> 1,000
       
                             
<PERIOD-TYPE>                   9-MOS
<FISCAL-YEAR-END>                          DEC-31-1994
<PERIOD-END>                               SEP-30-1994
<CASH>                                           2,755
<SECURITIES>                                         0
<RECEIVABLES>                                   97,748
<ALLOWANCES>                                     5,725
<INVENTORY>                                    165,746
<CURRENT-ASSETS>                               273,030
<PP&E>                                         138,886
<DEPRECIATION>                                  39,895
<TOTAL-ASSETS>                                 409,595
<CURRENT-LIABILITIES>                          208,708
<BONDS>                                        175,303
<COMMON>                                           103
<PREFERRED-MANDATORY>                           14,821
<PREFERRED>                                          0
<OTHER-SE>                                    (50,613)
<TOTAL-LIABILITY-AND-EQUITY>                   409,595
<SALES>                                        573,350
<TOTAL-REVENUES>                               573,350
<CGS>                                          514,040
<TOTAL-COSTS>                                  514,040
<OTHER-EXPENSES>                                     0
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                              23,298
<INCOME-PRETAX>                                  1,455
<INCOME-TAX>                                       816
<INCOME-CONTINUING>                                639
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                  (397)
<CHANGES>                                            0
<NET-INCOME>                                       242
<EPS-PRIMARY>                                    (.40)
<EPS-DILUTED>                                    (.40)