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Manitou Group Expands Yankton Plant Amid 50th Anniversary Celebrations

Graphique de l'évolution du cours de l'action MANITOU (EPA:MTU).

Yankton, South Dakota, September 10, 2024 — Manitou Group celebrated the expansion of its Yankton plant, coinciding with the 50th anniversary of the facility. The 75,000 sq ft (7,000 m²) expansion supports the production of new telehandlers for the North American market. This site now totals 295,000 sq ft (27,000 m²) following a $20 million investment.

Key figures such as Jacqueline Himsworth, Chairman of the Board, and Michel Denis, President & CEO, attended the ceremony. The plant upgrade includes advanced laser-cutting machines and an automated assembly line.

Alexandre Caharel, VP Product Unit Compact and Articulated Loaders, underscored the strategic importance of this expansion in a dynamic market. Manitou has already hired 50 new employees, with more to follow based on market needs.

With 300 employees at the Yankton facility and over 900 across the U.S., Manitou's modernization efforts aim to bolster its workforce and enhance productivity in America.

R. E.

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