04.05.2021
€80 million investment for Manitou
Manitou has announced plans to invest €80 million in its French production facilities in Ancenis, Candé and Laillé over the next five years.
Part of the €460 million investment outlined in the company’s
New Horizon 2025 strategy, the move will see improvements to its telehandler production facilities in Ancenis and Laillé along with its new aerial work platform facility in Candé -
construction of which began in 2019 and which is scheduled to be operational by the end of the year.
Details of the planned expansions are limited, however the company did say that it will add new facilities at each site as well as ‘reorganise the existing operations to optimise flow management’.
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Manitou’s headquarters in Ancenis
Elisabeth Ausimour, president of the company’s Products division, said: “The dynamics of our markets since the last quarter of 2020, and the need to industrialise our future electric and hybrid models, reinforced our decision to invest in this innovative equipment, in line with our determination to accelerate our green transition. These installations will enable us to better absorb our activity peaks, as we are currently seeing with an order book at an historical level, to sustainably increase our production capacities in France and to improve the safety of our employees.”
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An artist rendering of Manitou’s new aerial work platform facility in Candé
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