Manitex acquires Load King from Terex
Terex has sold its Load King Trailer manufacturing business to Manitex International, Inc. in the USA.
Boom truck and rough terrain forklift manufacturer Manitex agreed to pay US$3.1 million for the Dakota-based manufacturer of specialized trailers from the Genie Industries subsidiary of Terex Corporation. Load King average annual revenue is about $23 million according to Manitex.
Written by Alex Dahm – 05 Jan 2010
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