Manitex International, Inc. Announces TC600 Series Boom Truck Mounted Crane
July 08 2019 - 8:01AM
Manitex International, Inc. (NASDAQ: MNTX), a leading international
provider of cranes and specialized industrial equipment, today is
pleased to introduce the newest model in the next generation
TC-series lineup. The new TC600 features a base rating of 60
tons and a maximum main boom height of 141 feet and a 194-foot
maximum height when equipped with an optional jib, expanding the
company’s heavy-crane product offerings.
The TC600 incorporates a 4-section boom and
offsetable lattice style jib utilizing high strength steel and
components providing high strength-to-weight ratio for increased
capacities at long radius. The TC600 includes a spacious,
high-visibility cab and the advanced hydraulics of the Manitex TC
line of lift solutions with increased lifting capabilities.
Featuring a removable counter-weight system and uniquely designed
trapezoid subframe, the TC600 provides added stability and
precision control.
Steve Kiefer, President, Chief Operating Officer,
added, “We are excited to add the TC600 boom truck to our line of
products, supporting the industry’s growing need for high-capacity
machines. Manitex has consistently been an innovator in meeting
end-users’ needs for equipment delivering high-value, operator
comfort and overall performance. The TC600 is available for
immediate sale through the Manitex dealer network, and we are
looking forward to displaying the TC600 at the International
Construction & Utility Equipment Exposition (ICUEE) in
Louisville, KY in early-October and beginning deliveries in the
fourth quarter of 2019.”
About Manitex International,
Inc.
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. 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, Oil &
Steel, Badger, Sabre, and Valla. The company also has a
minority ownership in ASV Holdings, Inc. which manufactures and
sells a line of high-quality compact track and skid steer
loaders.
Forward-Looking StatementsSafe
Harbor Statement under the U.S. Private Securities Litigation
Reform Act of 1995: This release contains statements that are
forward-looking in nature which express the beliefs and
expectations of management including statements regarding the
Company’s expected results of operations or liquidity; statements
concerning projections, predictions, expectations, estimates or
forecasts as to our business, financial and operational results and
future economic performance; and statements of management’s goals
and objectives and other similar expressions concerning matters
that are not historical facts. In some cases, you can
identify forward-looking statements by terminology such as
“anticipate,” “estimate,” “plan,” “project,” “continuing,”
“ongoing,” “expect,” “we believe,” “we intend,” “may,” “will,”
“should,” “could,” and similar expressions. Such statements are
based on current plans, estimates and expectations and involve a
number of known and unknown risks, uncertainties and other factors
that could cause the Company's future results, performance or
achievements to differ significantly from the results, performance
or achievements expressed or implied by such forward-looking
statements. These factors and additional information are discussed
in the Company's filings with the Securities and Exchange
Commission and statements in this release should be evaluated in
light of these important factors. Although we believe that these
statements are based upon reasonable assumptions, we cannot
guarantee future results. Forward-looking statements speak only as
of the date on which they are made, and the Company undertakes no
obligation to update publicly or revise any forward-looking
statement, whether as a result of new information, future
developments or otherwise.
Contact: |
|
|
Manitex International, Inc. |
|
Darrow Associates, Inc. |
Steve Kiefer |
|
Peter Seltzberg, Managing Director |
President, Chief Operating Officer |
|
Investor Relations |
(708) 237-2065 |
|
(516) 419-9915 |
skiefer@manitexinternational.com |
|
pseltzberg@darrowir.com |
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