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                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549




                                   FORM 8-K/A


                                 AMENDMENT NO. 1


                                 CURRENT REPORT
                     PURSUANT TO SECTION 13 OR 15(d) OF THE
                         SECURITIES EXCHANGE ACT OF 1934

         Date of report (Date of earliest event reported) March 31, 1998



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


         Delaware                     1-10702                   34-1531521
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 (State or Other Jurisdiction       (Commission               (IRS Employer
     of Incorporation)              File Number)            Identification No.)



 500 Post Road East, Suite 320, Westport, Connecticut            06880
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      (Address of Principal Executive Offices)                 (Zip Code)


        Registrant's telephone number, including area code (203) 222-7170



                                 NOT APPLICABLE
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          (Former Name or Former Address, if Changed Since Last Report)


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The  Registrant  hereby  amends Item 7 of its  Current  Report on Form 8-K dated
March 31, 1998 as follows:

Item 7.  Financial Statements, Pro Forma Financial Statements and Exhibits

(a)  Financial Statements of Businesses Acquired; and
(b)  Pro Forma Financial Information

As previously  reported on Current Report on Form 8-K, on March 31, 1998,  Terex
Corporation  ("Terex"  or the  "Company"),  through  one or  more  subsidiaries,
completed the purchase of all of the outstanding shares of O&K Mining GmbH ("O&K
Mining"),  an entity  formed  under the laws of the  Republic of  Germany.  As a
result,  financial  statements  of the  acquired  foreign  business  meeting the
requirements of Regulation S-X promulgated  under the Securities Act of 1933, as
amended,  are not currently  available.  In accordance with Financial  Reporting
Release No. 44, Section 210.3-12,  the financial  statements of O&K Mining GmbH,
the acquired foreign  company,  will be filed on Current Report on Form 8-K/A as
soon as  practicable,  but in any event  within six months of December 31, 1997,
its most recently completed fiscal year end.


(c)      Exhibits

10.1     Share  Purchase  Agreement  dated  December 18, 1997 between O&K AG and
         Terex  Mining  Equipment,  Inc.  (incorporated  by reference to Exhibit
         10.19 to the Form 10-K Annual  Report for the year ended  December  31,
         1997, Commission File No. 1-10702).

10.2     Credit  Agreement  dated as of March 6, 1998 among  Terex  Corporation,
         certain of its subsidiaries,  the lenders named therein,  Credit Suisse
         First Boston, as Administrative Agent, Bank Boston N.A., as Syndication
         Agent and Canadian  Imperial Bank of Commerce and First Union  National
         Bank, as Co-Documentation  Agents (incorporated by reference to Exhibit
         10.14 to the Form 10-K Annual  Report for the year ended  December  31,
         1997, Commission File No. 1-10702).

10.3     Guarantee  Agreement dated as of March 6, 1998 of Terex Corporation and
         Credit  Suisse First  Boston,  as  Collateral  Agent  (incorporated  by
         reference to Exhibit  10.14 to the Form 10-K Annual Report for the year
         ended December 31, 1997, Commission File No. 1-10702).

10.4     Guarantee  Agreement  dated as of March 6,  1998 of Terex  Corporation,
         each of the subsidiaries of Terex Corporation listed therein and Credit
         Suisse First Boston, as Collateral Agent  (incorporated by reference to
         Exhibit  10.15 to the  Form  10-K  Annual  Report  for the  year  ended
         December 31, 1997, Commission File No. 1-10702).

10.5     Security Agreement dated as of March 6, 1998 of Terex Corporation, each
         of the subsidiaries of Terex  Corporation  listed therein Credit Suisse
         First Boston, as Collateral Agent (incorporated by reference to Exhibit
         10.16 to the Form 10-K Annual  Report for the year ended  December  31,
         1997, Commission File No.
         1-10702).

10.6     Pledge Agreement dated as of March 6, 1998 of Terex  Corporation,  each
         of the  subsidiaries  of Terex  Corporation  listed  therein and Credit
         Suisse First Boston, as Collateral Agent  (incorporated by reference to
         Exhibit  10.17 to the  Form  10-K  Annual  Report  for the  year  ended
         December 31, 1997, Commission File No. 1-10702).

10.7     Form  Mortgage,  Leasehold  Mortgage,  Assignment  of Leases and Rents,
         Security  Agreement and Financing entered into by Terex Corporation and
         certain of the  subsidiaries of Terex  Corporation,  as Mortgagor,  and
         Credit Suisse First Boston, as Mortgagee  (incorporated by reference to
         Exhibit  10.18 to the  Form  10-K  Annual  Report  for the  year  ended
         December 31, 1997, Commission File No. 1-10702).

10.8     Purchase  Agreement,  dated as of March 24, 1998, of Terex Corporation,
         each of the subsidiaries of Terex Corporation listed therein and Credit
         Suisse First Boston Corporation, CIBC Oppenheimer Corp., Morgan Stanley
         & Co.  Incorporated,  Salomon  Brothers Inc and  BancBoston  Securities
         Inc.,  for the issue  and sale of U.S.  $150,000,000  of 8-7/8%  Senior
         Subordinated Notes due 2008.*



10.9     Indenture, dated as of March 31, 1998, between Terex Corporation,  each
         of the subsidiaries of Terex Corporation listed therein,  as Issuer and
         United States Trust Company of New York, as Trustee,  for  $150,000,000
         of 8-7/8% Senior Subordinated Notes due 2008.*

10.10    Registration Rights Agreement, dated as of March 31, 1998, of Terex 
         Corporation,  each of the  subsidiaries  of  Terex  Corporation  listed
         therein and Credit Suisse First Boston  Corporation,  CIBC  Oppenheimer
         Corp.,  Morgan  Stanley & Co.  Incorporated,  Salomon  Brothers Inc and
         BancBoston Securities Inc., for the issue and sale of U.S. $150,000,000
         of 8-7/8% Senior Subordinated Notes due 2008.*

* Previously filed.





                                   SIGNATURES

         Pursuant to the  requirements  of the Securities  Exchange Act of 1934,
the  registrant  has duly  caused  this report to be signed on its behalf by the
undersigned hereunto duly authorized.

Date:  June 11, 1998

                                    TEREX CORPORATION

                                    By:  /s/  Joseph F. Apuzzo
                                        Joseph F. Apuzzo
                                        Vice President Finance and Controller
                                        (Principal Accounting Officer)