subsidiary Benford Americas. In 2001, Terex acquired CMI Roadbuilding and Australian rock crusher specialist Jaques Limited. In 2002, Terex acquired Genie Industries, a leading manufacturer of aerial work platforms. Genie Industries became known as the Genie brand within the aerial work platforms segment. In 2003, Terex acquired the majority ownership (71%) of Tatra, but as of late 2006 sold off that share to Blue River S.R.O. for about $26.2 million in cash. The period of 2010–2017, following the financial crisis of 2007–2008, was characterized by a large number of divestitures from the mining, road building and construction markets. These business units had accounted for just 5% of group annual revenues and departing these sectors has allowed Terex to focus on their core businesses of cranes, aerial platforms and material handling and processing. In February 2010, Terex announced the sale of its mining equipment division to Bucyrus International Inc. for US$1.3 billion. In December 2013, Volvo Construction Equipment (VCE) agreed to pay US$160m for Terex Trucks. In September 2021 VCE rebranded the business Rokbak. In 2013, Terex sold the CMI and Cedarapids units to Fayat Group, the parent company of BOMAG and Marini. BOMAG retained joint-branding on the asphalt paver products, whilst the Cedarapids asphalt plants were moved underneath CMI. In April 2015, Terex purchased Continental Biomass Industries (CBI) of Newton, NH, a prominent manufacturer of biomass processing equipment. In June 2016, Terex announced the sale of the former Schaeff business in Germany to Yanmar Holdings. In December 2016, Terex announced the sale of the former Fermec business in Coventry, England to French manufacturer Mecalac. In March 2017, Terex announced the sale of their Indian construction arm to Manitou. Joint ventures GAZ Group of Russia operates a joint venture with Terex (RM-Terex). The joint venture is involved in a wide range of works in the road, civil and industrial construction, utilities, mining, forestry, oil and gas industry. Criticism In 1992 American businessman Richard Carl Fuisz reported to the Operations Subcommittee of the House Committee on Agriculture that he witnessed the construction of military vehicles at a Terex owned facility in Scotland in 1987. Fuisz alleged that Terex employees reported that the vehicles were manufactured at the request of the CIA and British Intelligence and were destined for service within the Iraqi military. Terex denied the allegations and, in 1992, filed a libel complaint against Fuisz and Seymour M. Hersh, writer of