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Holly LaFon
Holly LaFon
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Jeff Auxier Comments on Manitex International

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November 08, 2018 | About:
Manitex International (NASDAQ:MNTX) was helped in their deleveraging efforts by Tadano buying 14.9% of their shares in May of this year. After seeing steady growth in market share in straight-mast cranes over the last five years, Manitex management is excited about the opportunities for knuckle boom cranes where their current market share is under 5%. After meeting management a little over a year ago we were very impressed with their plans to turn the business around.

From Jeff Auxier (Trades, Portfolio)'s third-quarter 2018 shareholder commentary.

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Holly LaFon
I'm a financial journalist with a master of science in journalism from Medill at Northwestern University.

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