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The Manitowoc Company

#7182

Rank

$478.18M

Marketcap

US United States

Country

The Manitowoc Company
Leadership team

Mr. Aaron H. Ravenscroft (Pres, CEO & Director)

Mr. David J. Antoniuk (Advisor to CEO)

Mr. Leslie L. Middleton (Exec. VP of Americas & EU Mobile Cranes)

Products/ Services
Food Delivery, Food Processing, Industrial, Industrial Engineering, Machinery Manufacturing, Manufacturing, Service Industry
Number of Employees
1,000 - 20,000
Headquarters
Manitowoc, Wisconsin, United States
Established
1902
Company Registration
SEC CIK number: 0000061986
Net Income
5M - 20M
Revenue
Above - 1B
Traded as
MTW
Social Media
Overview
Location
Summary
The Manitowoc Company, Inc. provides engineered lifting solutions in the Americas, Europe, Africa, the Middle East, and the Asia Pacific. It designs, manufactures, and distributes crawler-mounted lattice-boom cranes under the Manitowoc brand; a line of top-slewing and self-erecting tower cranes under the Potain brand; mobile hydraulic cranes under the Grove, Shuttlelift, and National Crane brands; and hydraulic boom trucks under the National Crane brand. The company also provides crane product parts and services; and crane rebuilding, remanufacturing, and training services. Its crane products are used in various applications, including energy production/distribution and utilities; petrochemical and industrial projects; infrastructure, such as road, bridge, and airport construction; and commercial and high-rise residential construction. The company serves a range of customers, including dealers, rental companies, contractors, and government entities in the petrochemical, industrial, commercial construction, power and utilities, infrastructure, and residential construction end markets. The Manitowoc Company, Inc. was founded in 1902 and is headquartered in Milwaukee, Wisconsin.
History

Manitowoc Company, Inc. was founded by Charles West and Elias Gunnell in the lakeshore community of Manitowoc, Wisconsin, in 1902. It was known as a shipbuilding and ship-repair company under the name Manitowoc Shipbuilding Company. The company grew and diversified, entering the lattice-boom crane business in the mid-1920s and branching into commercial refrigeration equipment shortly after World War II. During World War II, the Department of the Navy contracted Manitowoc to build a total of 28 submarines, plus the canceled USS Chicolar . Before they built the submarines for the Department of the Navy, the company built car ferries. In November 2002, the company acquired the Grove Crane company for approximately $271 million. In March 2016, Manitowoc completed the tax-free spin-off of its food service equipment operations, placing itself as a standalone crane company.

Mission
The mission of The Manitowoc Company is to create superior customer value through the manufacture and sale of value-added products, delivered when and where customers need them.
Vision
The vision of The Manitowoc Company is to create sustainable shareholder value by being the customer’s first choice in Crane and Foodservice Equipment technology based on innovation, quality, cost and service.
Key Team

Mr. Brian P. Regan (Exec. VP & CFO)

Mr. Ion M. Warner (VP of Marketing & Investor Relations)

Ms. Jennifer L. Peterson (Exec. VP, Gen. Counsel & Sec.)

Mr. James S. Cook (Sr. VP of HR)

Recognition and Awards
The Manitowoc Company and its subsidiaries have been the recipients of numerous industry awards, including the Aga Khan Award for Excellence in Sustainable Design and Construction, and the 2018 ISH Department of Energy Award for Energy Efficiency, among others. The company has also been recognized by Forbes, Barron’s and Fortune, among other respected publications.
References

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The Manitowoc Company
Leadership team

Mr. Aaron H. Ravenscroft (Pres, CEO & Director)

Mr. David J. Antoniuk (Advisor to CEO)

Mr. Leslie L. Middleton (Exec. VP of Americas & EU Mobile Cranes)

Products/ Services
Food Delivery, Food Processing, Industrial, Industrial Engineering, Machinery Manufacturing, Manufacturing, Service Industry
Number of Employees
1,000 - 20,000
Headquarters
Manitowoc, Wisconsin, United States
Established
1902
Company Registration
SEC CIK number: 0000061986
Net Income
5M - 20M
Revenue
Above - 1B
Traded as
MTW
Social Media