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        UNITED STATES                                     OMBAPPROVAL
 SECURITIES AND EXCHANGE COMMISSION              -------------------------------
     Washington, DC  20549                       OMB Number:           3235-0058
                                                 Expires:         March 31, 2006
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                                                 ===============================
          FORM 12b-25                                   SEC FILE NUMBER
                                                            1-10702
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                                                         CUSIP NUMBER
    NOTIFICATION OF LATE FILING                             880779
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(Check one):  |X|Form 10-K   |_|Form 20-F   |_|Form 11-K   |_| Form 10-Q
              |_|Form N-SAR  |_|Form N-CSR

              For Period Ended: December 31, 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:


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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.
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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 previously disclosed in current reports on Form 8-K furnished to the
Securities and Exchange Commission on October 27, 2004, November 10, 2004,
January 13, 2005 and March 4, 2005, Terex Corporation ("Terex" or the "Company")
has commenced a detailed examination of its intercompany transactions in an
effort to reconcile imbalances in certain of the Company's accounts. The Company
has also previously disclosed that it has determined that a material weakness
(as defined in Rule 13a-15(f) under the Securities Exchange Act of 1934, as
amended) existed in the Company's internal controls over financial reporting as
they relate to the recording of certain intercompany transactions, which
contributed to these imbalances. Based on the results of its review, the Company
has concluded that the financial statements of Terex for the years ended
December 31, 2000, 2001, 2002 and 2003 need to be restated to correct certain
errors. Although significant progress has been made in identifying and
correcting the issues giving rise to the account imbalances and other items, at
this time the Company's review activities are still ongoing. In addition, the
Company has not yet completed its assessment of effectiveness of internal
control over financial reporting as of December 31, 2004. The Company is
currently working to complete its internal accounting review and the audit of
its financial statements as soon as possible.


PART IV -- OTHER INFORMATION

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

                Eric I Cohen          203              222-7170
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                  (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). |_| Yes |X| No


     Quarterly Report on Form 10-Q for the period ended September 30, 2004
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(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 anticipates total revenue of approximately $5 billion for its fiscal
year ended December 31, 2004, an increase of over 28% from net sales of $3.9
billion for its fiscal year ended December 31, 2003.

The Company expects that net income for its fiscal year ended December 31, 2004
will equal or exceed $2.40 to $2.50 per share, excluding special items.

                               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:  March 16, 2005                               By:   /s/ Phillip C. Widman
                                                    ----------------------------
                                                    Phillip C. Widman
                                                    Senior Vice President
                                                    and Chief Financial Officer