The Material Handling & Access Division generated quarterly sales of $331.9 million, down 18% compared with the fourth quarter of 2019 and down 30% over 12 months.
Manitou Group has announced that it will cease operations in Waco, Texas, at the end of March 2021 and consolidate most of the production in South Dakota.
Manitou, manufacturer of equipment for agriculture, construction and other industries reported its net sales for the first half of 2020 down 35% to €762 million ($895 million) from €1,163 million ($1,366 million) in the first half of 2019.
Manitou, manufacturer of equipment for agriculture, construction and other industries reported a 6% year-over-year decrease in sales during the fourth quarter of 2019 and an 11% increase in full year 2019 vs. 2018. Besides Manitou equipment, the company is also known for its Gehl and Mustang branded equipment.
While big tractor-mounted loaders continue to hold sway in North America for feeding livestock, stacking bales, loading manure and other handling duties, French farmers underscored their appreciation of telescopic handlers last year by purchasing more of them than ever.
Manitou, manufacturer of equipment for construction, agriculture and other industries reported a 4% increase in sales during the third quarter of 2019 and 18% from the first 9 months of the year. Besides Manitou equipment, the company is also known for its Gehl and Mustang branded equipment.
Dragoon's is a single-store Case IH and Kubota dealer in Mooers, N.Y. They were established in 1953 and also carry Kinze, Woods, Gehl, Cub Cadet, Troy-Bilt, Husqvarna, ECHO and several other lines of equipment.
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In this episode of On the Record, brought to you by Associated Equipment Distributors, we take an initial look at the Dealer Business Outlook & Trends Report and what dealers are forecasting for 2025.