Terex Cranes plant to close - KWWL - Eastern Iowa Breaking News, Weather, Closings

Terex Cranes plant to close

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WATERLOO (KWWL) -

According to employees, Terex Cranes plant in Waverly is closing today. 

City officials say the company hadn't contacted them prior to firing employees. 

According to a press release, Terex announced it will expand its North American cranes production at its faculty in Oklahoma City.

Terex has recently made multi-million dollar investments in upgrades at the Terex campus in Oklahoma City, so its ready to handle the additional manufacturing capacity required by the integration of three product lines previously in Waverly.

This is a developing story. Stay with KWWL as we gather information for this report. 

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