Hiab expands US footprint with appointment of MGX Equipment Services as new dealer in 13 states

Core Insights - Hiab has signed a strategic dealer agreement with MGX Equipment Services to expand its distribution and service network for HIAB loader cranes across 13 states in the US [1][3] Group 1: Partnership Details - MGX Equipment Services operates in 13 locations across 11 states in the USA, providing sales, rental, parts, service, and training [2] - The partnership will enhance sales and services in states including Colorado, Delaware, Iowa, Maryland, Minnesota, Montana, Nebraska, New Jersey, North Dakota, South Dakota, Virginia, Wyoming, and Utah [2] Group 2: Strategic Importance - The partnership is a significant milestone for Hiab's strategy to grow in the North American market, enhancing coverage in previously underserved regions [3] - The collaboration aims to provide premium sales and service support for HIAB loader cranes, creating growth opportunities for Hiab, MGX, and their customers [3] Group 3: Growth and Value Creation - The agreement is expected to accelerate growth for MGX and Manitowoc in the U.S. by improving direct-to-customer reach, response times, service capability, and customer engagement [4] - Together, Hiab and MGX are strengthening their market position and creating new opportunities for scaling across a broader range of lifting solutions [4]