Manitex International secures record $18 million order
Manitex International Inc, a global provider of cranes and specialized industrial equipment, has announced that it secured a record order, worth approximately $18 million, for Oil & Steel aerial platforms with a major utility company in Italy.
Oil & Steel, part of the PM Group, a wholly-owned subsidiary of Manitex International, has an installed base of over 1,000 machines in Italy with customers in the utility sector. Product delivery is due to begin in the second half of 2022.
Steve Filipov, chief executive officer of Manitex International said: “Our team at Oil & Steel aerials has done an excellent job growing the business and diversifying our customer base into the utility industry. This record order underscores the work we’ve done improving the quality, cost, and delivery of product across our European