Monday, March 13, 2023

Manitex International, Inc. Announces Product Launches

Manitex International, a leading global supplier of cranes and container handling equipments today announced that assembly and shipment of two new Manitex Crane products have commenced at its Georgetown Texas facility for the TM200 and PL74 cranes backing the firm construction market. The PL74 is a truck mounted knuckle crane used to transport pelletized loads given the configuration being well known in the dry-wall and roofing supply markets. These products not only lift but also haul cargo and are ideally fitting to serve general construction truss transport and placement, dry wall distributors and roofing contractors.

David J. Langevin, Chairman and CEO of Manitex International, Inc., commented, “Thanks to our global acquisition strategy and our commitment to innovative product development and R&D, we are in the position to announce today the fulfillment of our strategic objective to launch knuckle boom crane assembly in our Georgetown facility. With the PL74 integrated crane assembly and chassis installation now being done in our Texas facility, Manitex has established a differentiated, customer-focused and localized solution by performing the crane assembly, chassis installation, service, and support of this product category, an area of growth that we identified when we purchased PM Group in early 2015. We remain excited about expanding our participation in the knuckle boom market, and bringing this and additional crane models into production at Georgetown.”

Steve Kiefer, EVP, Sales and Marketing, added, “We are confident that production-assembly of the PL74 wallboard cranes and chassis integration in a U.S. manufacturing facility offers exceptional value to our customers, reducing the cost of the equipment and improving our ability to service our customers with faster response time for option and parts fulfillment, improving product performance, and optimizing the quality of the integrated crane and chassis.”

Initial orders have commenced shipping in the fourth quarter to Manitex dealers serving both commercial and residential construction market.