Even a share-gaining growth story can run ahead of its end markets for
only so long. Sluggish markets like energy and construction finally
caught up to Manitex (MNTX)
in the third quarter, as the company posted its weakest revenue growth
number in quite some time. Even so, the company continues to do pretty
well relative to large rivals like Terex (TEX) and Manitowoc (MTW),
and the upcoming introduction of a 70-ton crane, as well as on the
ongoing improvement in the CVS container-handling business, should
bolster results in the coming years.
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Manitex Wobbles A Bit, But Still A Share-Gaining Industrial Growth Story
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