Palfinger AG (OTCMKTS:PLFRY) is a globally operating manufacturer of hydraulic lifting, loading and handling systems. Founded in 1932 and headquartered in Bergheim, Austria, the company specializes in a range of crane and lifting solutions for commercial vehicles, marine applications and industrial use. Its core business activities cover the design, production and sale of loader cranes, access platforms, maritime cranes, timber and recycling cranes as well as material-handling and offshore solutions.
The company’s product portfolio includes truck-mounted hydraulic knuckle boom cranes, self-loading hooklifts, man-riding work platforms, marine and offshore cranes, and specialized solutions for waste-management and recycling operations. Palfinger also offers priority lines for logistics and container handling, yard equipment and forklifts that cater to diverse commercial and industrial sectors.
In addition to manufacturing, Palfinger provides a comprehensive service network encompassing spare parts supply, maintenance, repair and operator training. With production facilities and service centers across Europe, North America, South America, Asia and the Middle East, the company supports a global customer base in more than 130 countries.
Since June 2012, Andreas Klauser has served as Chief Executive Officer, guiding Palfinger’s strategic expansion and innovation efforts. Under his leadership, the company continues to invest in advanced hydraulics, digitalization and sustainable technologies to meet evolving market demands and regulatory requirements.
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