Manitex International, Inc. Announces $3.0 M New Crane Order Taken at CONEXPO 2017
March 13 2017 - 8:01AM
Manitex International, Inc. (NASDAQ:MNTX), a leading international
provider of cranes and compact track loaders, today announced that
it has received a new order for 24 Manitex cranes, for delivery in
2017 and beyond, to a long standing Manitex dealer, Coastline
Equipment, both for the expansion of its rental fleet and for
retail sales.
Manitex is excited to have the opportunity to
continue to provide Coastline Equipment, a premier Manitex dealer
for over 20 years, with outstanding equipment, parts and service.
The order consists of a broad mix of Manitex CM Series and TC
Series line of straight-mast boom trucks and truck-mounted cranes,
ranging in lifting capacity from 19 to 40 tons.
“Coastline's featured machine at ConExpo is the new TM2085
tractor-mount crane, targeting the residential and commercial
construction material delivery markets,” commented Randy Robertson,
Director of Sales and Marketing for Manitex
“Coastline Equipment is pleased with the ongoing support that
Manitex offers them as a pre-eminent manufacturer of boom trucks,”
said Neil Goodale, division manager of Coastline Equipment’s crane
division. "These machines will be added to our rental fleet and
available for retail sales."
"We appreciate the confidence in and commitment to our products
form Coastline Equipment and we look forward to continuing to serve
their needs. Customer response to the market-leading features
contained in our new models and product enhancements was very
positive and we are glad to report that we received several
additional orders from new and existing customers throughout the
Conexpo show," said Steve Kiefer, EVP of Sales and Marketing for
Manitex International.
About Manitex International, Inc.
Manitex International, Inc. is a leading worldwide provider of
highly engineered specialized equipment including boom trucks,
cranes, and other related industrial equipment. Our products, which
are manufactured in facilities located in the USA and Europe, are
targeted to selected niche markets where their unique designs and
engineering excellence fill the needs of our customers and provide
a competitive advantage. We have consistently added to our
portfolio of branded products and equipment both through internal
development and focused acquisitions to diversify and expand our
sales and profit base while remaining committed to our niche market
strategy. Our brands include Manitex, PM, Badger, Sabre, and
Valla. ASV, our Joint Venture with Terex Corporation,
manufactures and sells a line of high quality compact track and
skid steer loaders.
Contact:
Manitex International, Inc.
David Langevin
Chairman and Chief Executive Officer
(708) 237-2060
djlangevin@manitexinternational.com
Darrow Associates, Inc.
Peter Seltzberg, Managing Director
Investor Relations
(516) 419-9915
pseltzberg@darrowir.com
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