# Manitou Group plans $80M investment in South Dakota plants

Manitou Group plans to invest $80 million in its two North American production sites in Yankton and Madison, South Dakota, to increase plant capacity and fund R&D.

- Type: Investment
- Announced: 2022-04-11
- Where: Yankton and Madison, South Dakota, United States
- Value: $80.0M
- Status: announced
- Products: aerial lifts, MEWPs
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Manitou](https://endata.com/companies/17913.md)

## Sources

- [forconstructionpros.com](https://www.forconstructionpros.com/rental/lifting-equipment/article/22118350/aerial-lift-industry-embraces-change), 2022-04-11: "Manitou Group plans to invest $80 million in its two North American production sites in Yankton and Madison, South Dakota to increase plant capacity and reaffirm the funding of research and development efforts."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.