tiprankstipranks

Manitou Group Invests in New Welding Plant

Manitou Group Invests in New Welding Plant

Manitou BF (FR:MTU) has released an update.

Don’t Miss TipRanks’ Half-Year Sale

Manitou Group has begun construction on a new €60 million mechanical welding plant for aerial work platforms, expected to commence production in early summer 2026. This strategic investment aims to internalize critical production processes, enhance production rates, and meet the growing demand in the European and international markets, particularly the United States. The facility will incorporate sustainable features like solar panel roofing and energy-efficient systems, reinforcing Manitou’s commitment to innovation and its strong presence in the Grand Ouest region of France.

For further insights into FR:MTU stock, check out TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1