Manitowoc Company, Inc. (The)
Capital Structure
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in mil. unless spec.Company Description
- CEO
- Aaron H. Ravenscroft
- Full Time Employees
- 4,700
- Sector
- Producer manufacturing
- Industry
- Trucks/Construction/Farm machinery
- Address
- One Park Plaza Milwaukee WI United States 53224
- IPO Date
- Oct 7, 1971
- CIK
- 0000061986
- Website
- manitowoc.com
- Similar Companies
- Business
- The Manitowoc Company, Inc. is a global leader in engineered lifting solutions, specializing in the design, manufacture, marketing, distribution, and support of cranes and related lifting products. Founded in 1902 and headquartered in Milwaukee, Wisconsin, Manitowoc serves the construction, infrastructure, energy, and industrial markets worldwide. Its core product portfolio includes mobile hydraulic cranes, lattice-boom crawler cranes, tower cranes, boom trucks, and carry deck cranes marketed under prominent brands such as Manitowoc, Grove, Potain, National Crane, MGX Equipment Services, Shuttlelift, and Aspen Equipment. The company offers a comprehensive range of crane categories including rough-terrain, truck-mounted, all-terrain, self-erecting tower cranes, and industrial cranes, complemented by robust aftermarket parts, service, renovation, training, and crane financing solutions. In recent strategic developments, Manitowoc has expanded its direct-to-customer footprint through acquisitions, notably acquiring Ring Power’s crane assets in key U.S. markets (Georgia, North Carolina, and South Carolina) and the crane business of H&E Equipment Services, broadening its sales, rental, parts, and service capabilities. The company continues to execute its Cranes+50 strategy, focusing on growing its aftermarket business and non-new machine sales, which reached a record $629.1 million in 2024. Manitowoc has also intensified investments in new product development and expanded its distribution and rental operations to diversify revenue sources beyond new crane sales. Recent financial results demonstrate resilient growth in orders and net sales, supported by strength in the European tower crane segment and MGX distribution division, despite ongoing market challenges and tariffs. Manitowoc operates across multiple global regions, with manufacturing and commercial operations in North America, Europe, and other international markets. The company addresses diverse customer needs across heavy construction, commercial and residential building, wind energy, infrastructure projects, and crane rental sectors. Its sustained commitment to innovation and customer service positions Manitowoc as a key supplier of lifting equipment and integrated solutions globally, maintaining a strong market presence with a broad product lineup and extensive aftermarket services designed to enhance operational efficiency and lifecycle performance for its clients.
Company News
Manitowoc Q3 Earnings Call Highlights
The Manitowoc Company, Inc. (MTW) Q3 2026 Earnings Call Transcript
The Manitowoc Company Reports Strong Third-Quarter 2026 Results; Raises Full Year Guidance
The Manitowoc Company Deserves A Lift Even From Here
The Manitowoc Company Schedules Third-Quarter 2026 Earnings Announcement and Conference Call
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Manitowoc Co Inc (MTW) Stock Up 6.7% but GF Value Says Overvalued -- GF Score: 68/100
Manitowoc Targets $1B Aftermarket Business as Crane Demand Builds
The Manitowoc Company to Present and Host 1x1 Meetings at the Midwest IDEAS Investor Conference on Wednesday, August 26, 2026
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A Look at Manitowoc Co Inc (MTW) After 3.6% Gain -- GF Value $12.39 vs Price $20.16
Manitowoc Q2 Earnings Call Highlights
The Manitowoc Company, Inc. (MTW) Q2 2026 Earnings Call Transcript
The Manitowoc Company Reports Strong Second-Quarter 2026 Results; Backlog Over $1.0 Billion, Adjusted EBITDA Improved 85.9% From the Prior Year, and Full Year Guidance Raised
U.S. Government Affirms Manitowoc's Anti-Dumping Claim
U.S. Government Affirms Manitowoc's Anti-Dumping Claim
The Manitowoc Company Schedules Second-Quarter 2026 Earnings Announcement and Conference Call
Manitowoc (NYSE:MTW) Shares Cross Above 200-Day Moving Average – Time to Sell?
The Manitowoc Company Is Too Cheap To Not Rise Up