Manitex International, Inc. Announces the Addition of DC Bates Equipment Co. to the Trolley Boom Crane Distribution Network
October 15 2018 - 10:30AM
Manitex International, Inc. (NASDAQ: MNTX), a leading international
provider of cranes and specialized industrial equipment, today
announced the expansion of its trolley boom crane distribution and
service network to include DC Bates Equipment Co. headquartered in
Hopedale, Massachusetts.
DC Bates joins the growing network of dealers who
are supporting Manitex products across the globe, and initial
orders for Manitex trolley boom trucks are underway for Bates’
retail sales group. DC Bates has been providing high quality
material handling equipment and custom fabrications to a variety of
crane and rigging customers throughout the country since 1985.
Steve Kiefer, President, Chief Operating Officer
commented, “Our successful launch of new products like the 110
Trolley Boom crane has played an important role in our new
equipment sales ramp since the market bottom, and we are excited
about the opportunity to supply Bates Equipment with the
exceptional lifting products and service which Manitex is
well-known for.”
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.
Contact:
Manitex International, Inc.
Darrow Associates, Inc.Steve Kiefer
Peter Seltzberg, Managing DirectorPresident, Chief Operating
Officer
Investor
Relations
(708) 237-2065
(516) 419-9915skiefer@manitexinternational.com
pseltzberg@darrowir.com
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