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              UNITED STATES                                 OMBAPPROVAL
    SECURITIES AND EXCHANGE COMMISSION           -------------------------------
          Washington, D.C.  20549                OMB Number:           3235-0058
                                                 Expires:         March 31, 2006
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                                                 hours per response ........2.50

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               FORM 12b-25                               SEC FILE NUMBER
                                                             1-10702
                                                 ===============================
        NOTIFICATION OF LATE FILING                       CUSIP NUMBER
                                                             880779
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(Check one): |_| Form 10-K   |_| Form 20-F   |_| Form 11-K   |X| Form 10-Q
             |_| Form N-SAR  |_| Form N-CSR




                    For Period Ended:  September 30, 2004

                    | |  Transition Report on Form 10-K

                    | |  Transition Report on Form 20-F

                    | |  Transition Report on Form 11-K

                    | |  Transition Report on Form 10-Q

                    | |  Transition Report on Form N-SAR


                    For  the Transition Period Ended:

================================================================================
Read  Instruction (on back page) Before  Preparing  Form.  Please Print or Type.
Nothing  in this  form  shall be  construed  to imply  that the  Commission  has
verified any information contained herein.
================================================================================

If the notification  relates to a portion of the filing checked above,  identify
the Item(s) to which the notification relates:

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PART I -- REGISTRANT INFORMATION


Terex Corporation
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Full Name of Registrant


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Former Name if Applicable


500 Post Road East, Suite 320
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Address of Principal Executive Office (Street and Number)


Westport, Connecticut 06880
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City, State and Zip Code



PART II -- RULES 12b-25(b) AND (c)

If the subject report could not be filed without unreasonable effort or expense
and the registrant seeks relief pursuant to Rule 12b-25(b), the following should
be completed. (Check box if appropriate)

     (a)  The reason  described  in  reasonable  detail in Part III of this form
          could not be eliminated without unreasonable effort or expense
     (b)  The subject annual report,  semi-annual  report,  transition report on
          Form 10-K,  Form 20-F, Form 11-K, Form N-SAR or Form N-CSR, or portion
| |       thereof,  will be  filed  on or  before  the  fifteenth  calendar  day
          following the prescribed due date; or the subject  quarterly report or
          transition  report on Form 10-Q, or portion thereof,  will be filed on
          or before the fifth  calendar day following the  prescribed  due date;
          and
     (c)  The accountant's statement or other exhibit required by Rule 12b-25(c)
          has been attached if applicable.



PART III -- NARRATIVE

State below in reasonable detail why Forms 10-K, 20-F, 11-K, 10-Q, N-SAR, N-CSR,
or the  transition  report or  portion  thereof,  could not be filed  within the
prescribed time period.


As part of Terex  Corporation's  ("Terex"  or the  "Company")  continual  review
process of its accounts (in accordance with its financial and internal controls)
during the preparation of its interim financial reports for the third quarter of
2004, the Company commenced a detailed examination of intercompany  transactions
that may have given rise to an imbalance in certain intercompany  accounts.  Due
to the fact that several of these entries  occurred as long as 10 years ago, the
process of verifying the entries in question is time consuming. Accordingly, the
Company's process of verifying the entries in question is still ongoing.


PART IV -- OTHER INFORMATION

(1)  Name  and  telephone  number  of  person  to  contact  in  regard  to  this
     notification

        Eric I Cohen           203                222-7170
     ---------------------------------------------------------------------------
           (Name)         (Area Code)         (Telephone Number)

(2)  Have all other periodic  reports  required under Section 13 or 15(d) of the
     Securities Exchange Act of 1934 or Section 30 of the Investment Company Act
     of 1940 during the preceding 12 months or for such shorter  period that the
     registrant  was required to file such  report(s)  been filed ? If answer is
     no, identify report(s).   |X|Yes  |_| No

(3)  Is it anticipated that any significant change in results of operations from
     the corresponding  period for the last fiscal year will be reflected by the
     earnings  statements  to be  included  in the  subject  report  or  portion
     thereof?
                               |X|Yes  |-| No

The  Company  has  announced  net income for the third  quarter of 2004 of $31.4
million,  or $0.62 per share,  compared to net income of $14.9 million, or $0.30
per  share,  for the third  quarter of 2003.  Net sales  increased  to  $1,251.8
million in the third quarter of 2004, an increase of 38% from $906.4  million in
the third quarter of 2003.

For the nine months ended  September 30, 2004,  net sales  increased to $3,632.0
million,  an increase  of 26% from  $2,882.9  million for the nine months  ended
September  30,  2003.  Net income  for the first nine  months of 2004 was $107.5
million,  or $2.12 per share,  compared to a net loss of $24.9 million, or $0.52
per share, for the first nine months of 2003.



                               TEREX CORPORATION
                  ---------------------------------------------
                  (Name of Registrant as Specified in Charter)

Has  caused  this  notification  to be signed on its  behalf by the  undersigned
thereunto duly authorized.

Date: November 9, 2004                 By: /s/ Phillip C. Widman
                                           Phillip C. Widman
                                           Senior Vice President and
                                           Chief Financial Officer