Skip to main content

€15-20million investment shows Magni’s telehandler ambition

Magni Telescopic Handlers has ambitious plans to increase its share of the telehandler market after its €15-20million investment in machines, attachments and a new production facility. At bauma 2013, Magni has unveiled its RTH and HTH models. The RTH range consists of seven rotating telehandler models, and the HTH range of two heavy-duty machines for the mining and oil industry, with a further model in development.
January 6, 2017 Read time: 2 mins
7308 Magni Telescopic Handlers has ambitious plans to increase its share of the telehandler market after its €15-20million investment in machines, attachments and a new production facility.

At bauma 2013, Magni has unveiled its RTH and HTH models. The RTH range consists of seven rotating telehandler models, and the HTH range of two heavy-duty machines for the mining and oil industry, with a further model in development.

The RTH range spans from four to six tonnes maximum loading capacity and from 17.5m-29.9m maximum lifting height. The HTH range will eventually span 15-30tonnes maximum loading capacity. The small 15tonne machine is still being developed.

Earlier this year, Magni signed a major supply agreement with JCB to equip its RTH range with the new 255 JCB ECOMAX Tier 4 interim engines.

Of the firm’s new 6,000m² production facility near Modena, Italy, Magni president Riccardo Magni said, “We are making a machine a day. We are looking to have 200 machines manufactured this year. There is no problem with capacity, and we have a very short delivery time of 60 days.”

Around 50% of this year’s machine manufacturing output will be sold through the JCB dealership network, said Magni.

www.magnith.com

View more stories

For more information on companies in this article

Related Content

  • Terex looks for internal growth and strong margins
    January 6, 2017
    Terex Corporation chairman and CEO Ron DeFeo is predicting strong growth over the next three years, with the aim of US$10bn revenues by 2015, up from $7.3bn in 2012. However, unlike so often in the past, he is not looking for acquisition but to develop the existing business. Indeed, the company has recently sold off much of its road construction business, as it was struggling to expand that division.
  • Terex looks for internal growth and strong margins
    April 17, 2013
    Terex Corporation chairman and CEO Ron DeFeo is predicting strong growth over the next three years, with the aim of US$10bn revenues by 2015, up from $7.3bn in 2012. However, unlike so often in the past, he is not looking for acquisition but to develop the existing business. Indeed, the company has recently sold off much of its road construction business, as it was struggling to expand that division.
  • Pilosio underlines its ambitions with international award
    January 6, 2017
    Italian formwork manufacturer Pilosio underlined its global ambitions with the presentation of its third ‘Building Peace’ international building awards to architect Cameron Sinclair, co-founder of Architects for Humanity, which helps re-build sustainable communities post-disaster.
  • Pilosio underlines its ambitions with international award
    April 19, 2013
    Italian formwork manufacturer Pilosio underlined its global ambitions with the presentation of its third ‘Building Peace’ international building awards to architect Cameron Sinclair, co-founder of Architects for Humanity, which helps re-build sustainable communities post-disaster.