Manitex backlog hits US$150 million
By Sarah Ann McCay10 July 2012
US crane manufacturer Manitex International looks set to post its ninth consecutive quarterly increase following the announcement of a consolidated order backlog of US$149.6 million, as at June 30, 2012.
The company, which specializes in producing boom truck cranes, rough terrain forklifts, container handling equipment and special mission oriented vehicles, has seen its backlog increase 78.7% since the start of the year, and grow 195% year on year.
Sustained demand for Manitex boom truck cranes, particularly in the North American energy markets, has pushed the company's backlog ever higher, Manitex said.
Manitex will post its second quarter results in mid-August.