Manitowoc Co
(NYSE: MTW)
18.96
-0.24
-1.25%
-0.24
-1.25%
MORE ON MTW
COMPANY INFORMATION
| Exchange: | New York Stock Exchange |
| Stock: | Manitowoc Co Inc |
| Industry: | Farm & Construction Equipment |
| Employees: | 13,500 |
DESCRIPTION
| The Manitowoc Co Inc , a Wisconsin corporation was founded in 1902. It is a multi-industry, capital goods manufacturer operating in two principal markets: Cranes and Related Products (Crane) and Foodservice Equipment (Foodservice). The Company's Crane business is a global provider of engineered lift solutions, offering one of the broadest lines of lifting equipment in the industry. It designs, manufactures, markets, and supports a comprehensive line of crawler cranes, mobile telescopic cranes, tower cranes, and boom trucks. The Crane products are marketed under the Manitowoc, Grove, Potain, National, and Manitowoc Crane CARE brand names and are used in a variety of applications, including energy, petrochemical and industrial projects, infrastructure development such as road, bridge and airport construction, commercial and high-rise residential construction. The Company's Foodservice business is a manufacturer of commercial foodservice equipment. Its Foodservice capabilities span refrigeration, ice-making, cooking, holding, food-preparation, and beverage-dispensing technologies, and allows to equip entire commercial kitchens The Foodservice products are marketed under the Manitowoc, Garland, U.S. Range, Convotherm, Cleveland, Lincoln, Merrychef, Frymaster, Delfield, Kolpak, Kysor Panel, Servend, Multiplex, and Manitowoc Beverage System brand names. The primary raw material that the Company uses is structural and rolled steel, aluminum, and copper, which are purchased from various domestic and international sources. The Company also purchases engines and electrical equipment and other semi- and fully-processed materials. The Company holds numerous patents pertaining to its crane and foodservice products, and has presently pending applications for additional patents in the United States and foreign countries. In addition, The Company has various registered and unregistered trademarks and licenses that are of material importance to the business. |
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