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The Manitowoc Company, Inc. (NYSE: MTW), (the “Company’ or “Manitowoc”) announced today that it was recognized as one of the 2024 “Best for Vets” Employers by Military Times . The 2024 recipients list can be viewed on Military Times website. Aaron H. Ravenscroft, President and Chief Executive Officer of The Manitowoc Company, Inc. said, “We are honored to be named by Military Times as one of the best employers for veterans in 2024. Our Veteran Employee Resource Group (VERG) and...

Strategic partnership to expand global access to Manitowoc's premier crane brands through Jeff Martin Auctioneers' innovative sales platforms. HATTIESBURG, MS / ACCESSWIRE / October 21, 2024 / Jeff Martin Auctioneers, INC of Hattiesburg, MS is pleased to announce a new partnership with The Manitowoc Company Incs ("Manitowoc"), one of the world's premier crane manufactures, to manage the sale of used assets. This strategic collaboration aims to support Manitowoc's ongoing sales efforts and...

The Manitowoc Company, Inc. (NYSE: MTW) (the “Company” or “Manitowoc”) today reported second-quarter net income of $20.2 million, or $0.57 per diluted share. Second-quarter adjusted net income (1) was $26.6 million, or $0.75 per diluted share. Net sales increased 21.2% year-over-year to $602.8 million and were favorably impacted by $3.1 million from changes in foreign currency exchange rates. Adjusted EBITDA (1) was $60.4 million, an increase of $24.0 million or 65.9% from the prior...

The Company Continues Its Growth to Eliminate Preventable Injuries and Deaths in the Construction and Military Industries BROOMFIELD, CO / ACCESSWIRE / July 27, 2023 / Vita Inclinata , a leading provider of intelligent lifting technology for industrial construction and aerospace industries, is thrilled to announce the addition of two highly experienced and respected professionals to its Board of Directors. The appointment of Ken Sunshine and Dave Antoniuk brings a wealth of industry expertise...

The Manitowoc Company, Inc. (NYSE: MTW) announced today that it will release its second-quarter 2023 results on Monday, August 7, 2023, after the close of market. The Company will host a conference call to discuss its results and outlook on Tuesday, August 8, 2023, at 10:00 a.m. ET (9:00 a.m. CT). The conference call will be available via webcast on the Manitowoc website at http://ir.manitowoc.com in the “Events & Presentations” section. A replay of the conference call will also be available...

The Manitowoc Company, Inc. (NYSE: MTW) announced today that Executive Vice President and Chief Financial Officer, Brian P. Regan, and Senior Vice President Marketing and Investor Relations, Ion Warner, will present and host 1x1 investor meetings at the virtual East Coast IDEAS Conference on Thursday, June 22, 2023. Manitowoc’s presentation is scheduled to be available at 6:00 a.m. ET on June 21 and will be accessible through the conference website at www.IDEASconferences.com , and the Events...

The Manitowoc Company, Inc. (NYSE: MTW) announced today that its management will participate in a fireside chat at two upcoming investor conferences: Stifel Cross Sector Insight Conference on Wednesday, June 7, 2023, at 3:35 p.m. ET (2:35 p.m. CT) Wells Fargo Industrials Conference on Thursday, June 15, 2023, at 9:00 a.m. ET (8:00 a.m. CT) The presentations will be available by webcast on The Manitowoc Company website at http://ir.manitowoc.com in the “Events & Presentations” section. A...

The Manitowoc Company, Inc. (NYSE: MTW) (the “Company” or “Manitowoc”) today reported net income of $16.5 million, or $0.46 per diluted share. Net sales increased 10.7% year-over-year to $508.3 million and were unfavorably impacted by $11.2 million from changes in foreign currency exchange rates. Adjusted EBITDA (1) was $45.1 million, an increase of $13.9 million or 44.6% from the prior year. Orders were $524.8 million, a 9% increase from the prior year. Orders were unfavorably impacted...

The Manitowoc Company, Inc. (NYSE: MTW) announced today that it will release its first-quarter 2023 results on Tuesday, May 2, 2023, after the close of market. The Company will host a conference call to discuss its results and outlook on Wednesday, May 3, 2023, at 10:00 a.m. ET (9:00 a.m. CT). The conference call will be available via webcast on the Manitowoc website at http://ir.manitowoc.com in the “Events & Presentations” section. A replay of the conference call will also be available at...

The Manitowoc Company, Inc. (NYSE: MTW) (the “Company” or “Manitowoc”) today reported a fourth-quarter net loss of $144.1 million, or $(4.10) per diluted share, which included non-cash asset impairment charges of $171.9 million. Fourth-quarter adjusted net income (1) was $26.0 million or $0.74 per diluted share, an increase of $16.6 million or $0.48 per diluted share from the prior year. Net sales in the fourth quarter increased 24.9% year-over-year to $621.6 million and were unfavorably...

The Manitowoc Company, Inc. (NYSE: MTW) announced today that it will release its fourth-quarter 2022 and full-year 2022 results on Monday, February 20, 2023, at approximately 5:00 p.m. ET. The Company will host a conference call to discuss its results and outlook on Tuesday, February 21, 2023, at 10:00 a.m. ET (9:00 a.m. CT). The conference call will be available via webcast on the Manitowoc website at http://ir.manitowoc.com in the “Events & Presentations” section. A replay of the...

The Manitowoc Company, Inc. (NYSE: MTW), (the “Company” or “Manitowoc”) a leading global manufacturer of cranes and lifting solutions, announced today that it was named one of America’s Most Responsible Companies by Newsweek . This prestigious award is presented by Newsweek and Statista Inc., the statistics portal and industry-ranking provider. The awards list was announced on December 7, 2022, and can be viewed on Newsweek's website. Aaron H. Ravenscroft, President and Chief Executive...

The Manitowoc Company, Inc. (NYSE: MTW), (the “Company” or “Manitowoc”) a leading global manufacturer of cranes and lifting solutions, today reported third-quarter net income of $2.3 million, or $0.07 per diluted share. Third-quarter adjusted net income (1) was $3.4 million, or $0.10 per diluted share. Net sales in the third-quarter increased 12.4% year-over-year to $454.7 million and were unfavorably impacted by $31.6 million from changes in foreign currency exchange rates. Adjusted...

The Manitowoc Company, Inc. (NYSE: MTW), a leading global manufacturer of cranes and lifting solutions, announced that President and Chief Executive Officer, Aaron H. Ravenscroft, and Executive Vice President and Chief Financial Officer, Brian P. Regan, will present at the Baird 2022 Global Industrial Conference on Wednesday, November 9, 2022, from 4:40 p.m. to 5:10 p.m. CT. A link to the presentation material can be accessed from Manitowoc’s Investor Relations website ahead of the event at...

The Manitowoc Company, Inc. (NYSE: MTW) announced today that it will release its third-quarter 2022 results on Monday, November 7, 2022, after the close of market. The Company will host a conference call to discuss its results and outlook on Tuesday, November 8, 2022, at 10:00 a.m. ET (9:00 a.m. CT). The conference call will be available via webcast on the Manitowoc website at http://ir.manitowoc.com in the “Events & Presentations” section. A replay of the conference call will also be...

The Manitowoc Company, Inc. (NYSE: MTW) (“the Company” or “Manitowoc”), a leading global manufacturer of cranes and lifting solutions, announced today that through its wholly-owned subsidiary, MGX Equipment Services, LLC, it has completed the acquisition of certain assets of the crane rental fleet of Honnen Equipment Company (“Honnen”). Under the agreement Honnen ends its dealer agreement with Manitowoc in Colorado, Wyoming, and Nebraska. The transaction expands Manitowoc’s...

The Manitowoc Company, Inc. (NYSE: MTW), (the “Company” or “Manitowoc”) a leading global manufacturer of cranes and lifting solutions, today reported second-quarter net income of $15.1 million, or $0.42 per diluted share. Second-quarter adjusted net income (1) was $7.4 million, or $0.21 per diluted share. Net sales in the second-quarter increased 7.2% year-over-year to $497.2 million and were unfavorably impacted by $27.9 million from changes in foreign currency exchange rates. Adjusted...

The Manitowoc Company, Inc. (NYSE: MTW) (the “Company” or “Manitowoc”), a leading global manufacturer of cranes and lifting solutions, today announced that Jennifer L. Peterson, currently the Company’s Interim General Counsel and Assistant Secretary, has been appointed Executive Vice President, General Counsel and Secretary effective immediately. “I am excited to have Jennifer take this key role for Manitowoc. I’ve worked closely with Jennifer for over four years, and her...

The Manitowoc Company, Inc. (NYSE: MTW) (the “Company” or “Manitowoc”), a leading global manufacturer of cranes and lifting solutions, today announced that James S. Cook, currently the Company’s Senior Vice President, Health, Safety, Environment (HSE) and The Manitowoc Way, has been appointed Senior Vice President, Human Resources, and The Manitowoc Way effective immediately. “I am very pleased to have James take this critical role for Manitowoc. James’ proven track record of...

Pentair plc (NYSE: PNR), a leading provider of water treatment and sustainable solutions, today announced that it has completed the previously announced transaction to acquire Manitowoc Ice from Welbilt, Inc. (NYSE: WBT) for $1.6 billion, subject to customary adjustments. Manitowoc Ice is a leading provider of commercial ice makers. “Manitowoc Ice is a great business and an iconic brand, and we are excited to welcome its team members to Pentair as we work together to deliver smart, sustainable...