Workers at Gehl may not get back to full hours any time soon: parent company Manitou saw third quarter revenue drop 47%. Manitou expects rotten sales to continue through the fourth quarter. But on the bright side, Manitou president and CEO Jean-Christophe Giroux sees orders picking up a little and sales perhaps picking back up in 2010.
Madison's sidelined Gehl workers aren't the only one hoping sales have hit bottom and are ready to bounce back: Manitou has cut 35% of its workforce just this year.
Digging for more bright side? Turn perhaps to Australia, where distributor LiftRite signed a long-term agreement this month to carry Gehl skid loaders. Long-term—let's hope that's the key word!
Downtown Sioux Falls to see some cool changes - I need a door hinge, a quart of white paint, a flashlight and a 5th of Old Crow It’s not often I get excited about changes DTSF, but this week has been ful...
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