Manitex International receives $2 million boom truck order

10 April 2009

Manitex International in the US has received an order from Arizona-based Allied Crane & Machinery for 20 boom truck cranes worth about $2 million.

Deliveries start April and the order is part of a recent strategic marketing alliance with Allied intended to increase the penetration of Manitex boom trucks to end users in North America through a re-rent program.

"The receipt of this initial order from Allied is validation of the objectives for our strategic alliance with them," said Andrew Rooke, Manitex International president and CEO. "Allied has an extensive range of Manitex cranes and the re-rent program allows end-users access for project-specific activities, or as a first introduction to the Manitex product before purchase from our dealers."

The 17 US ton (15.4 tonne) capacity Manitex 1770C boom trucks have a three-section boom that can be extended to 70 feet (21 m) and can be outfitted with a 29 foot (8.8 m) fixed jib or a 40 foot (12 m) two-section telescoping jib. Front bumper stabilizers are available for 360 degree operation. The cranes are custom-mounted on Sterling, Peterbilt, Ford and Navistar chassis with engines up to 410 hp (305 kW) and with automatic or manual transmission.

Rooke said that while this first order is for 17 ton units, he believes the re-rent program will drive increased usage and demand for all cranes in the Manitex line, resulting in additional orders.

Allied Crane & Machinery is a wholesale provider of re-rental Manitex boom trucks from 17 to 50 ton capacity. The cranes are available anytime throughout the US and Canada from a 48-state network of rental and sales partners, including 41 Manitex dealers. The alliance provides re-rental of Manitex boom trucks of all sizes mounted on chassis from all major manufacturers.

"The Allied re-rent fleet provides a solution for our partners by allowing them to access our nationwide fleet," said Woody Weld, owner of Allied Crane & Machinery. "This allows our partners to profitably meet customers' needs without having to purchase equipment until they have a sufficient volume of activity."

Many of the Manitex cranes in the Allied fleet have been designed for specific industries, such as wire line units for oil and gas and power line construction cranes, with long booms, aerial remotes and man baskets.

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