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$2.5 million order for Oil & Steel units

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13 June 2019

Manitex International, Inc. has renewed its supply agreement with an undisclosed Italian utility company for $2.5 million of Oil & Steel (O&S) products. The utility company has purchased Oil & Steel Scorpion 15 E and 17 E mobile elevating work platforms with delivery expected to begin in the fourth quarter of 2019.

The Scorpion 15 E and 17 E platforms will be mounted on a fleet of Mercedes-Benz Unimog U218 4x4 utility trucks and on IVECO ML90E21 4x2 trucks, which are used throughout the utility company’s national territory, primarily for power line maintenance work. “The Oil and Steel Scorpion 15 E and 17 E have unique safety features that the utility wanted for its technicians who operate the equipment and manage their power projects, to optimize their professionalism and the quality of service offered,” the company said.

O&S, which was acquired by Manitex International as part of the PM acquisition in 2015, has been supplying the utility company with platforms for nearly a decade. It is estimated that the utility company maintains a fleet of more than 1,000 trucks which it deploys in the field. The O&S Scorpion product line is built on the same platform as the Manitex-branded A62 which was introduced in 2017 and is also drawing interest from a number of utility companies in North America, the company said.

“We are honored and proud to continue our partnership with IVECO and Mercedes,” said Giovanni Tacconi, of PM Oil & Steel Spa and Manitex Valla srl. “These are two exceptional partners that for over ten years now, have continued to place their trust in us by choosing our aerial platforms for their power supply and maintenance equipment needs.”

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