18.02.2014
Big plans for ATN
French aerial lift manufacturer ATN plans to introduce two new products in 2014 following a 26 percent increase in revenues for 2013.
Total revenues for the year were €10.7 million, up more than 26 percent on 2012 and almost two and half times the €4.45 million achieved in 2011. Net profit for the period increased almost 10 fold, from €34,000 in 2012 to €302,000 last year, while the number of machines sold increased by 45 percent on 2013.
The company hopes to achieve €15 million in sales for 2014, and plans to enter two new product sectors in the year – spider lifts and the Ultra-compact electric self-propelled mast lift market. The first ATN spider lift will be a 23 metre compact model with a telescopic riser and telescopic top boom, plus articulating jib. The new model will be dubbed the Mygale 23.
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The planned ATN Mygale 23 spider lift
The second new product is closer to the company’s current product lines, the PVR79 - compact Piaf. The new lift uses a similar forklift style vertical mast to its mast boom range but has a fixed platform, and will offer a 19ft platform height, although dimensionally it will be similar to the existing 12ft models on the market built by Snorkel, JLG and Skyjack – which also builds a 16ft model. However the working height is 7.9 metres compared to the 6.8 metres of Skyjack’s SJ16 and the 5.6 metres on the 12ft units.
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The ATN compact Piaf PVR79
In order to cope with growing demand, the company is in the process of expanding the capacity at its new 20,000 square metre facility, with a new paint plant and additional employees. It says it can ramp production up to 1,500 units, from last year’s 350 units, by just adding tooling, manpower and overhead craneage.
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ATN shareholder Daniel Duclos showing investors the ATN plant
The company is also building a 500 square metre office space this year, in order to combine its engineering, sales and administrative teams on a single site adjoining the production plant. Last week the company hosted a group of investors, financial managers, banks and local politicians to a presentation, as part of its plans to seek external investment for future expansion.
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