Manitex International, Inc. Names Steve Kiefer to President, North America

BRIDGEVIEW, Ill., Sept. 19, 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, North America, for Manitex International.

Mr. Kiefer has held senior roles with Manitex and affiliated companies since 2015, and brings with him more than 25 years of experience within the industrial equipment sector, from new product development, sales and marketing to business development, operations, and P&L management.  He began his career at Eaton Corp, a public company, where he spent seven years in various new product development roles, playing a key role in the growth of the Eaton Supercharger Division.  He additionally spent over 10 years at Hendrickson International, where he held numerous senior-level positions in new product development, program management, and sales & marketing.  He was VP of Sales for Pettibone Heavy Equipment Group, a privately held group of heavy equipment companies for five years, prior to joining Manitex.

“I am pleased to continue serving our customers, shareholders and employees in this expanded role, and continuing to contribute to the growth of the company.  Our market leadership position at Manitex boom trucks and accelerating growth of PM in North America makes this a very exciting time for us, particularly given the improvements that are occurring in the construction end-markets. It is imperative that we deliver exceptionally reliable and high-value products every day that are supported by some of the best dealers and employees in the heavy equipment industry.”

About Manitex International, Inc.
Manitex International, Inc. is a leading worldwide provider of highly engineered specialized equipment including boom trucks, cranes, and other related industrial equipment. Our products, which are manufactured in facilities located in the USA and Europe, are targeted to selected niche markets where their unique designs and engineering excellence fill the needs of our customers and provide a competitive advantage.  We have consistently added to our portfolio of branded products and equipment both through internal development and focused acquisitions to diversify and expand our sales and profit base while remaining committed to our niche market strategy.  Our brands include Manitex, PM, Badger, Sabre, and Valla.  The company also has a minority ownership in ASV Holdings, Inc. (NASDAQ:ASV), which manufactures and sells a line of high quality compact track and skid steer loaders.

Contact:

Manitex International, Inc.    
David Langevin      
Chairman and Chief Executive Officer 
(708) 237-2060 
[email protected]

Darrow Associates, Inc.
Peter Seltzberg, Managing Director
Investor Relations                  
(516) 419-9915
[email protected]