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The Manitowoc Company, Inc. (MTW)

21.41 Down 0.02(0.09%) Nov 25, 4:05PM EST
|After Hours : 21.41 0.00 (0.00%) Nov 25, 4:05PM EST
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The Manitowoc Company, Inc.
2400 South 44th Street
Manitowoc, WI 54221
United States - Map
Phone: 920-684-4410

Index Membership:N/A
Sector:Industrial Goods
Industry:Farm & Construction Machinery
Full Time Employees:13,400

Business Summary 

The Manitowoc Company, Inc. designs, manufactures, and sells cranes and related products, and foodservice equipment worldwide. It operates in two segments, Cranes and Related Products, and Foodservice Equipment. The Cranes and Related Products segment offers lattice-boom cranes, including crawler and truck mounted lattice-boom cranes, and crawler crane attachments; tower cranes comprising top slewing, luffing jib, topless, and self-erecting tower cranes; mobile telescopic cranes, including rough terrain, all-terrain, truck mounted, and industrial cranes; and boom trucks, such as telescopic boom trucks under Manitowoc, Grove, Potain, National Crane, Shuttlelift, and Crane Care brands. Its products are used for various applications, including energy and utilities; petrochemical and industrial projects; infrastructure development, such as road, bridge, and airport construction; and commercial and high-rise residential construction industries. This segment also provides crane product parts and services; and crane rebuilding, remanufacturing, and training services under the Manitowoc Crane Care brand name. The Foodservice Equipment segment provides cooking and warming equipment; ice machines and storage bins; refrigerator and freezer equipment; beverage dispensers and related products; serving and storage equipment; and food preparation equipment. This segment offers its products under Cleveland, Convotherm, Delfield, Frymaster, Garland, Inducs, KitchenCare, Koolaire, Kolpak, Kysor Panel Systems, Lincoln, Manitowoc, Merrychef, Multiplex, and Servend brands. Its products are used by commercial and institutional foodservice operators, such as full service restaurants, quick-service restaurant chains, hotels, caterers, supermarkets, convenience stores, business and industry, hospitals, schools, and other institutions. This segment also provides parts and aftermarket services under the KitchenCare brand. The company was founded in 1853 and is based in Manitowoc, Wisconsin.

Key Statistics

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Corporate Governance 
The Manitowoc Company, Inc.’s ISS Governance QuickScore as of Nov 1, 2014 is 3. The pillar scores are Audit: 1; Board: 2; Shareholder Rights: 9; Compensation: 2.
Brought to you by Institutional Shareholder Services (ISS)

Key Executives 
Mr. Glen E. Tellock , 53
Chairman, Chief Exec. Officer and Pres
Mr. Carl J. Laurino , 52
Chief Financial Officer and Sr. VP
Mr. Thomas G. Musial , 62
Sr. VP of HR & Admin.
Mr. Maurice D. Jones , 54
Sr. VP, Gen. Counsel and Sec.
Mr. Eric P. Etchart , 57
Sr. VP and Pres of Crane Segment
Amounts are as of Dec 31, 2013 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
Currency in USD.
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