Manitex receives orders in key markets
22 March 2010Manitex International has received $5m of orders for its boom truck cranes from three of its top growth areas, according to senior vice president Scott Rolston.
Cranes make up the majority of $8m of new orders for shipment during the second and third quarters of 2010, alongside $3m for its specialised military forklift products.
“The new crane orders are split among three of the top growth areas that we've been pursuing, namely international distribution, independent rental fleets and the energy support sector,” said Rolston, senior vice president, sales and marketing.
“Darwish Bin Ahmed & Sons, our recently appointed dealer within the UAE, placed several orders for a variety of cranes, including our large 40 USt crane, to support the strong customer demand for Manitex product in the region.
“In the independent rental fleet sector we received orders from one of our larger dealers to meet improving end-user demand in the regions he serves.
“Finally, orders we received from the oil and gas industry, which is one of the specialised niches that we sell into, suggests improvement in activity for companies focusing on energy extraction and distribution,” said Rolston. “Included in these energy-related orders are several trailer-mounted cranes to be supplied to a major oilfield service company that represent another new product development for Manitex and a significant new customer.”
