Manitex International reports record $18 million order
By Hannah Sundermeyer06 December 2021
Manitex International, a leading international provider of cranes and specialized industrial equipment secured a record order, worth approximately $18 million, for Oil & Steel aerial platforms with a major utility company in Italy.
“Our team at Oil & Steel aerials has done an excellent job growing the business and diversifying our customer base into the utility industry,” said Steve Filipov, chief executive officer, Manitex International. “This record order underscores the work we’ve done improving the quality, cost and delivery of product across our European businesses. In addition, we recently received a significant order, worth over $3 million, from the same customer for knuckle boom cranes. I’m proud of these wins and the overall success of our teams coming together to expand and broaden our presence on the continent.”
Product delivery is slated to begin in the second half of 2022.