Precisione Meccanica S.r.l. – subsequently Autogrù PM – was founded in Modena in 1959. From the outset, it has operated in the field of truck-mounted hydraulic cranes, dealing with both design and manufacture.
1959 - Founding
1972 - PM grows and becomes a public limited company
In the late 1960s the company was consolidated on an industrial basis and in 1972 it took its current form as a public limited company.
1980 - More than 1000 cranes per year
The further development of the company, in parallel with the rapidly evolving transport sector, allowed it to reach production of over 1,000 cranes a year by the early 1980s, consolidating an undisputed position of leadership in the international market.
1990 - Expansion and major market presence
PM entered its 30th year of activity with a significant presence in the market and a company profile that can be summarized by the following figures: 140 employees, 42,000 square meters total surface area, including 15,000 square meters of factories and offices, and production capacity of 2,000 cranes a year.
2000 - More than 4,000 cranes a year
Highly qualified human resources, development and technological application are the ingredients that have enabled PM to reach production capacity of more than 4,000 cranes per year.
2003 - Oil&Steel Spa
In 2003, Autogrù PM S.p.A. buys Oil&Steel Spa.
2006 - PM Group Spa
In order to represent all its different Business Units, it becomes PM Group Spa. During these years, in fact, subsidiaries were established in Romania, North America, France, Argentina, Spain, Chile and Mexico.
2015 - Manitex International
Manitex International Inc. acquires PM Group Spa.
2018 - Merger of the two companies
The company decides to merge the two companies PM Group Spa and Oil&Steel Spa to become the current PM Oil&Steel Spa.
2019 - 60 years together
PM turns 60 and celebrates at Bauma 2019. In the same year, Giovanni Tacconi is appointed by the CEO, Steve Filipov, as General Manager of the PM cranes division.
