Manitex International Announces Launch of the TC850 Series Truck-Mounted Crane
10 Mars 2023 - 1:00PM
Business Wire
Manitex International, Inc. (NASDAQ: MNTX) ("Manitex" or the
"Company"), a leading international provider of truck cranes,
specialized industrial equipment, and construction equipment rental
solutions to infrastructure and construction markets, today
announced the launch of the all new TC850 Series truck-mounted
crane in conjunction with opening day of CONEXPO-Las Vegas.
The TC85159 will feature an 85-ton base rating at a 10’ radius
and features 5-Section 159’, full power, proportionally extended
boom with 168’ tip height and 228’ tip height when equipped with
optional 2-piece, 30’-60’foot Bi-fold offset lattice jib. The new
formed boom design will provide excellent relative stiffness in
long reach applications making it attractive to steel erectors and
other high duty cycle applications where production work is key.
The TC85159 will offer 360-degree area of operation without the
need for a front/fifth outrigger. Non-equal outrigger positioning,
along with increased ground penetration will afford the operator
quick set up in confined spaces and on uneven terrain.
“Manitex is pleased to launch an 85-ton high reach truck-mounted
crane with an all-new outrigger design, eliminating the need for a
front jack,” stated Jeff Long, General Manager Sales of Manitex.
“We are confident that the capabilities of the new TC850 will be
well received by the crane industry, and we are pleased to announce
we have received orders for the TC850 from CraneWorks, Inc.
headquartered in Houston, Texas.”
Scott Wilson, VP Sales and Marketing at CraneWorks, Inc.
commented, “CraneWorks, with the design and manufacturing support
of Manitex International, is pleased to be a part of supporting the
crane industry with new innovative ideas on display at ConExpo.
Manitex has developed a new crane with features that our customers
and the crane industry have been waiting for. The new features will
allow our customers to have the capacity, reach, and necessary road
speeds to meet their exacting demands. The new TC850 on display at
ConExpo fits the needs of CraneWorks and their longtime customer,
Southern Lifting and Hoisting.”
“At Manitex, we continue to listen to our dealers and end-users
to develop new, higher capacity cranes that are well-suited for a
wide variety of market applications while offering the overall
benefits of crane solutions combined with a commercial chassis vs
the traditional truck-mounted crane,” concluded Long.
ABOUT MANITEX INTERNATIONAL
Manitex International is a leading provider of mobile truck
cranes, industrial lifting solutions, aerial work platforms,
construction equipment and rental solutions that serve general
construction, crane companies, and heavy industry. The company
engineers and manufactures its products in North America and
Europe, distributing through independent dealers worldwide. Our
brands include Manitex, PM, Oil & Steel, Valla, and Rabern
Rentals.
FORWARD-LOOKING STATEMENTS
Safe Harbor Statement under the U.S. Private Securities
Litigation Reform Act of 1995: This release contains statements
that are forward-looking in nature which express the beliefs and
expectations of management including statements regarding the
Company's expected results of operations or liquidity; statements
concerning projections, predictions, expectations, estimates or
forecasts as to our business, financial and operational results and
future economic performance; and statements of management's goals
and objectives and other similar expressions concerning matters
that are not historical facts. In some cases, you can identify
forward-looking statements by terminology such as "anticipate,"
"estimate," "plan," "project," "continuing," "ongoing," "expect,"
"we believe," "we intend," "may," "will," "should," "could," and
similar expressions. Such statements are based on current plans,
estimates and expectations and involve a number of known and
unknown risks, uncertainties and other factors that could cause the
Company's future results, performance or achievements to differ
significantly from the results, performance or achievements
expressed or implied by such forward-looking statements. These
factors and additional information are discussed in the Company's
filings with the Securities and Exchange Commission and statements
in this release should be evaluated in light of these important
factors. Although we believe that these statements are based upon
reasonable assumptions, we cannot guarantee future results.
Forward-looking statements speak only as of the date on which they
are made, and the Company undertakes no obligation to update
publicly or revise any forward-looking statement, whether as a
result of new information, future developments or otherwise.
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version on businesswire.com: https://www.businesswire.com/news/home/20230310005149/en/
Paul Bartolai or Noel Ryan MNTX@val-adv.com
Manitex (NASDAQ:MNTX)
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