Construction Today - Vol 21 Issue 2 | Page 34

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Chief Executive Officer , Michael Coffey , begins with some history : “ Manitex traces its origins to a merger which occurred in 2003 . Our Chairman , David Langevin , acquired the business from a larger conglomerate , later renaming it Manitex International and listing the business on NASDAQ in 2008 ( Manitex International ; MNTX ). Over the years , the business has grown through acquisitions of various smaller manufacturers . In the last two years , we have consolidated our brands into five strategic product brands , positioning us for strategic growth .
“ I joined the company in 2022 , when we acquired Rabern Rentals . The board asked me to evaluate our strategy , which included a repurposing of our historic brands and product portfolio . We wanted to make sure our brands were cohesive and improve the clarity of our product offerings as a business . Today , we have five brands within the company , four of which are lifting equipment products . These include Manitex , PM , Oil & Steel , and Valla . Our fifth brand , Rabern , is a specialized general equipment rental company in North Texas . Manitex manufactures from four factories in Europe and one factory in the United States .”
Exponential growth
The past 12 months have been transformational for Manitex International . The business positioned itself for improved scale and efficiency with designs to better serve and support the global construction manufacturing sector . Elevating Excellence - a new strategy formulated by Michael and his team - guided exponential growth throughout the business . “ In many ways , I ’ m an old soul , and so I like to keep things simple . When we started out on this journey , we decided to condense our strategy down into one or two
Metal Fabrication & Machining
Provider of high quality large complex welded structures .
Our team of experienced metal fabricators , machinists and certified welders will produce to your exacting requirements at a competitive price .
Providing product to a wide range of industries
■ Cranes / Heavy Lifting Equipment
■ Aerial Work Platforms
■ Heavy Construction Equipment
■ Forestry & Underground Mining Equipment
■ Material Handling Equipment
■ Fuel and Storage Tanks
SIC Lazaro would like to thank Manitex for being a valued customer for the past seven years and wishes continued success
Learn more about SIC Lazaro US at www . siclazaro . us or call ( 414 ) 351-1760
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