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Manufacturing: Manitex Sells $5 Million Of Boom Truck Cranes

August 6, 2010 (FinancialWire) (Go to http://www.financialwire.net/?s=ftrdnwswnd for all of today’s featured news.) — Manitex International, Inc. (NASDAQ: MNTX) said that Manitex, Inc., its Georgetown, TX based boom truck subsidiary, has recently received orders totaling $5 million for shipment during the third and fourth quarters of 2010.

According to the company, the orders have been placed by Manitex dealers, North West Crane, Ltd. and Cropac Equipment, Inc. and are targeted for support services to the energy sector in western Canada as well as the general construction segment in eastern Canada.

The boom trucks ordered are sized to include the higher capacity cranes in the Manitex line and predominantly consist of the Manitex 45 and 50 ton platforms, several of which will incorporate the new 155' powered boom, which is the longest in the boom truck industry.

Deliveries are scheduled for the third and fourth quarters. The orders by North West Crane represent the largest such single purchase of such Manitex products to be delivered to western Canada in more than two years.

Illinois-based Manitex International is a provider of engineered lifting solutions including cranes, rough terrain forklifts, indoor electric forklifts and special mission oriented vehicles, including parts support.

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