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Manitex acquires Load King from Terex

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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.

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Written by Alex Dahm – 05 Jan 2010

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