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Manitex Sells 13 Knuckle Boom Cranes to International Dealerships

Dec. 30, 2019
Manitex International Inc., a leading international provider of cranes and specialized industrial equipment, announced that it has received orders for 13 knuckle boom cranes from international dealerships valued at approximately $500,000.

Manitex International Inc., a leading international provider of cranes and specialized

industrial equipment, announced that it has received orders for 13 knuckle boom cranes from international dealerships valued at approximately $500,000. The order represents an important milestone of follow-on business through its strategic partner Tadano, and their global dealership network. These units will be shipped to several countries in Asia and branded as PM-Tadano products. Initial production and deliveries are slated for first quarter 2020.

Oil and Steel Deutschland, an independent division of Bauscher Gmbh, serving both the retail sales and equipment rental markets in Germany, has been named Dealer of the Year by Oil and Steel Italy. Revenues of O&S Aerials for 2019 increased by 15 percent in Germany compared to last year, and now have an installed base in Germany with more than 400 machines.

"We are working as closely as ever with Tadano, our strategic partner, to broaden our distribution network in Asia, for our PM knuckle boom cranes, which until now, was a gap in their product offering throughout their global distribution network,” said Steve Filipov, CEO of Manitex International. “We expect to see additional orders from both of these international customers in 2020 and beyond. Most importantly, this is a testament to the excellent quality and reliability of our products in these very demanding markets."

Manitex International, Inc. is a leading worldwide provider of highly engineered mobile cranes (truck mounted straight-mast and knuckle boom cranes, industrial cranes, rough terrain cranes, and railroad cranes), truck-mounted aerial work platforms and specialized industrial equipment.