Manitex International Press Releases 2017

Manitex International, Inc. Appoints Steve Kiefer as President and Chief Operating Officer
   

BRIDGEVIEW, Il., December 13, 2017 – Manitex International, Inc. (NASDAQ:MNTX), a leading international provider of cranes and specialized industrial equipment, today announced that Steve Kiefer has been named President and Chief Operating Officer of Manitex International, Inc.

MANITEX INTERNATIONAL WELCOMES COBALT TRUCK EQUIPMENT LLC TO KNUCKLE BOOM DEALER NETWORK
   

BRIDGEVIEW, IL., December 5, 2017 - Manitex International, Inc., (NASDAQ:MNTX), a leading international provider of cranes and specialized industrial equipment, today announced the appointment of Idaho-based Cobalt Truck Equipment LLC to handle knuckle boom distribution for the states of Idaho, Washington, Nevada and Texas.

Manitex International, Inc. Provides Preliminary Summary Report on Third Quarter 2017 Operations
   

BRIDGEVIEW, Il., November 17, 2017 -- Manitex International, Inc. (NASDAQ:MNTX) (the “Company”), a leading international provider of cranes and specialized industrial equipment, today announced that on November 13, 2017, it received a letter notice (the “Notice”) from the Listing Qualifications Department of the Nasdaq Stock Market (“Nasdaq”) stating that because the Company had not yet filed its Quarterly Report on Form 10-Q for the period ended September 30, 2017, the Company was no longer in compliance with Nasdaq Listing Rule 5250(c)(1) for continued listing. Nasdaq Listing Rule 5250(c)(1) requires listed companies to timely file all required period financial reports with the Securities and Exchange Commission. The Notice has no immediate effect on the listing or trading of the Company’s common stock on the Nasdaq Capital Market.

Manitex International, Inc. Welcomes Fallsway Equipment Company to PM Knuckle Boom & Manitex Trolley Boom Unloader Dealer Network
   

BRIDGEVIEW, IL., November 17, 2017 - Manitex International, Inc., (NASDAQ:MNTX), a leading international provider of cranes and specialized industrial equipment, today announced that Fallsway Equipment has been appointed as a dealer for Manitex-PM knuckleboom cranes and Manitex Trolley Boom Unloaders for the states of Ohio, Pennsylvania and West Virginia.

Manitex International, Inc. Provides Preliminary Summary Report on Third Quarter 2017 Operations
   

Bridgeview, IL, November 6, 2017 — Manitex International, Inc. (Nasdaq: MNTX) (the “Company"), a leading international provider of cranes and other specialized industrial equipment today announced that it has filed a Current Report On Form 8-K in connection with the following matters: In 2016, the Company sold 39 cranes for total sales revenues of approximately $15 million to a single broker customer in a series of transactions (the “Transactions”) that were each structured as a customary “bill and hold” arrangement. The revenue for the Transactions was recognized in 2016.

Manitex International, Inc. Will Report Third Quarter 2017 Financial Results on November 6, 2017
   

BRIDGEVIEW, Il., October 27, 2017, -- Manitex International, Inc. (NASDAQ:MNTX) a leading international provider of cranes and specialized industrial equipment, today announced that management will announce its third quarter 2017 financial results after market close on Monday, November 6, 2017. Management will then host a conference call at 4:30 PM Eastern Time to discuss the results with the investment community.

MANITEX INTERNATIONAL WELCOMES TAMPA CRANE & BODY AS KNUCKLE BOOM DISTRIBUTOR IN FLORIDA
   

BRIDGEVIEW, IL., October 30, 2017 - Manitex International, Inc., (NASDAQ:MNTX), a leading international provider of cranes and specialized industrial equipment, today announced the appointment of Florida-based Tampa Crane & Body, Inc. as a dealer of Manitex-PM knuckle boom crane for distribution throughout the state of Florida.

Manitex International, Inc. Expands North American Product Line Introduces its First Aerial Work Platform on Standard Commercial Chassis Re-introduces Trolley-boom Unloader Line
   

BRIDGEVIEW, IL., October 18, 2017 - Manitex International, Inc., (NASDAQ:MNTX), a leading international provider of cranes and specialized industrial equipment recently introduced, at ICUEE, the company’s first chassis mounted aerial work platform for the North American market. The Manitexbranded A62, a collaborative development effort between the Georgetown, TX-based Manitex crane and the Italian subsidiary Oil & Steel (which is among the acquired PM product lines) provides 62’ of working height, has an impressive 38’ of side reach and more than two thousand pounds of payload on a 19,500 lb. class vehicle, when configured with a service body.

Manitex International, Inc. Announces $12 Million New Crane Order Taken at ICUEE 2017
   

Bridgeview, IL, October 4, 2017 -- Manitex International, Inc. (NASDAQ:MNTX), a leading international provider of cranes and specialized lifting equipment, today announced that it has received a new order for 29 Manitex cranes to CraneWorks, based in Houston, Texas, both for the expansion of its rental fleet and for retail sales.

MANITEX INTERNATIONAL WELCOMES WALTER PAYTON POWER EQUIPMENT TO KNUCKLEBOOM DEALER NETWORK
   

BRIDGEVIEW, IL., September 18, 2017 – Manitex International, Inc. (NASDAQ:MNTX), a leading international provider of cranes and specialized industrial equipment, today announced the addition of Walter Payton Power Equipment LLC to its PM model distributor network. Headquartered in Riverdale, IL with five locations across four states, Walter Payton Power Equipment locations will provide sales and service for PM articulating cranes “knucklebooms” in the Midwest of North America. Initial orders of PM cranes have been placed, with deliveries expected to commence in Q3 2017.

Manitex International, Inc. Reports Second Quarter 2017 Results
   

Bridgeview, IL, August 3rd, 2017 — Manitex International, Inc. (Nasdaq: MNTX), a leading international provider of truck and knuckle boom cranes, today announced Second Quarter 2017 results.
Net revenues for the second quarter were $51.6 million compared to $48.7 million in the prior year’s period and GAAP net loss attributable to shareholders of Manitex International was $(2.3) million, or $(0.14) per share compared to a net loss attributable to shareholders of Manitex International of $(1.8) million, or $(0.11) per share in the second quarter of 2016.
The Company reported a second quarter net loss from continuing operations attributable to shareholders of Manitex International of $(1.4) million or $(0.08) per share, compared to net loss from continuing operations attributable to shareholders of Manitex International of $(2.5) million or $(0.16) per share for the three months ended June 30, 2016.

Manitex International, Inc. Will Report Second Quarter 2017 Financial Results on August 3, 2017
   

Conference Call Scheduled for 4:30 PM ET
BRIDGEVIEW, Il., July 28, 2017, - Manitex International, Inc. (NASDAQ:MNTX a leading international provider of cranes and specialized industrial equipment, today announced that management will announce its second quarter 2017 financial results after market close on Thursday, August 3, 2017. Management will then host a conference call at 4:30 PM Eastern Time to discuss the results with the investment community.
Anyone interested in participating in the call should dial 800-441-0022 if calling within the United States or 719-457-2653 if calling internationally. A replay will be available until August 10, 2017 which can be accessed by dialing 844-512-2921 if calling within the United States or 412-317-6671 if calling internationally. Please use passcode 4896207 to access the replay.
The call will additionally be broadcast live and archived for 90 days over the internet with accompanying slides, accessible at the investor relations portion of the Company's corporate website,
www.manitexinternational.com/eventspresentations.aspx.

Manitex International, Inc. Announces €1.5 Million in New Orders for PM Truck-Mounted Knuckle-boom Cranes
   

BRIDGEVIEW, IL., July 20, 2017 - Manitex International, Inc., (NASDAQ:MNTX), a leading international provider of cranes and specialized industrial equipment, today announced orders for Manitex PM for approximately €1.5 million in new cranes from two international customers.
The orders are for a number of different truck-mounted crane products with lifting capacities between 3 and 40 metric tons and are being configured for various uses within the electrical utility sectors for the two customers, one of which represents follow-on business and the other a brand new account for Manitex PM. Initial deliveries are expected in the third quarter of 2017, with the remainder occurring in the fourth quarter of 2017.

Manitex International, Inc. Welcomes Mynatt Truck and Equipment to Manitex‐PM Knuckleboom Dealer Network
   

BRIDGEVIEW, IL., June 22, 2017 ‐ Manitex International, Inc., (NASDAQ:MNTX), a leading international provider of cranes and specialized industrial equipment, today announced the appointment of Kansas‐based Mynatt Truck & Equipment as a distributor of knuckleboom cranes for the states of Kansas and Missouri.

Manitex International, Inc. Will Participate in Stifel Industrials Research Conference in New York on June 15, 2017
   

BRIDGEVIEW, Il., June 7, 2017 – Manitex International, Inc. (NASDAQ:MNTX), a leading international provider of cranes and specialized industrial equipment, today announced that management will participate in the Stifel Industrials Research Conference, being held at the Lotte New York Palace Hotel in New York on June 15, 2017.

Manitex International, Inc. Announces Pricing for Sale of Half of its ASV Shares in an Underwritten Public Offering
   

BRIDGEVIEW, Il., May 12, 2017 - Manitex International, Inc. (NASDAQ:MNTX), a leading international provider of cranes and lifting equipment, today announced that it has priced its sale of 2 million shares of ASV Holdings, Inc., (formerly A.S.V., LLC, "ASV") in an underwritten public offering. 

Manitex International, Inc. Reports First Quarter 2017 Results
   

Bridgeview, IL, May 4, 2017 — Manitex International, Inc. (Nasdaq: MNTX), a leading international provider of truck and knuckle boom cranes, today announced First Quarter 2017 results.
Net revenues for the first quarter were $67.9 million compared to $85.4 million in the prior year’s period and GAAP net loss attributable to shareholders of Manitex International was $(3.4) million, or $(0.21) per share compared to a net income attributable to shareholders of Manitex International of $1.5 million, or $0.09 per share in the first quarter of 2016. The Company reported a first quarter net loss from continuing operations attributable to shareholders of Manitex International of $(3.4) million or $(0.21) per share, compared to net loss from continuing operations attributable to shareholders of Manitex International of $(1.0) million or $(0.06) per share for the three months ended March 31, 2016. 

Manitex International, Inc. Announces Continued Growth in Orders throughout First Quarter 2017
   

Anticipates Reported Backlog of $60.5 Million for Q1 2017, an Increase of 58.8% Since Year-end
BRIDGEVIEW, Il., April 19, 2017 - Manitex International, Inc. (NASDAQ:MNTX), a leading international provider of cranes and compact track loaders, today announced continued strength in orders for its crane divisions, and anticipates announcing reported backlog of $60.5 million for the period ended March 31, 2017, growing from $38.1 million as of December 31, 2016.

Manitex International Wins $3.0M Crane Order at CONEXPO 2017
   

Manitex International, Inc. MNTX has received a new order worth $3 million from its long standing dealer of over two decades, Coastline Equipment. Per the order, Manitex will deliver 24 Manitex cranes in 2017 and beyond to expand Coastline Equipment’s rental fleet as well as for retail sales.
The order consists of a broad mix of Manitex CM Series and TC Series line of straight-mast boom trucks and truck-mounted cranes, ranging in lifting capacity from 19 to 40 tons.

Manitex International, Inc. Reports Fourth Quarter and Full Year 2016 Results
   

Bridgeview, IL, March 6, 2017 — Manitex International, Inc. (Nasdaq: MNTX), a leading international provider of truck and knuckle boom cranes and compact track loaders, today announced Fourth Quarter and Full Year 2016 results.
Net revenues for the fourth quarter were $65.0 million compared to $76.1 million in the prior year’s period and GAAP net loss attributable to shareholders of Manitex International was $(14.3) million, or $(0.88) per share compared to a net loss attributable to shareholders of Manitex International of $(5.5) million, or $(0.34) per share in the fourth quarter of 2015. The Company reported a fourth quarter net loss from continuing operations attributable to shareholders of Manitex International of $(7.0) million or $(0.44) per share, compared to net loss from continuing operations attributable to shareholders of Manitex International of $(3.8) million or $(0.24) per share for the three months ended December 31, 2015. Adjusted net income* of $0.3 million or $0.02 per share for the fourth quarter of 2016 compared to adjusted net loss of $(2.1) million or $(0.13) for fourth quarter 2015.

Manitex International, Inc. Announces Strategic Alternatives Being Considered for A.S.V., LLC
   

BRIDGEVIEW, IL, January 23, 2017 - Manitex International, Inc. (NASDAQ:MNTX), a leading international provider of cranes and specialized equipment, announced today that its Board of Directors is considering strategic alternatives for A.S.V., LLC, its joint venture with Terex Corporation (NYSE:TEX), to realize maximum value for Manitex shareholders. The Board's review will include the possibility of a sale of all or a portion of ASV or Manitex’s ownership stake (51%) in ASV, as well as the possibility of ASV becoming a public company.

   
   

 

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