The Manitowoc Company, Inc. (NYSE: MTW) is a global manufacturer of lifting solutions, specializing in mobile telescopic cranes, tower cranes and specialty lifting equipment. Founded in 1902 and headquartered in Milwaukee, Wisconsin, the company has evolved from a diversified industrial products business into a focused crane specialist serving a broad range of end markets, including construction, energy, infrastructure and maritime applications.
Manitowoc’s product portfolio is anchored by its two flagship brands: Grove mobile telescopic cranes and Potain tower cranes. Grove cranes are designed for heavy-lift and all-terrain applications, featuring hydraulic and electronic innovations that enhance mobility and lifting performance. Potain’s tower cranes offer high-capacity hoisting capabilities and modular design, allowing for rapid erection and versatile configurations on urban and high-rise projects. Beyond manufacturing, Manitowoc provides parts, service, operator training and equipment reconditioning through a global network of service centers.
With manufacturing facilities and sales offices in North America, Europe, Asia and the Middle East, Manitowoc maintains a truly international footprint. Key production sites include Shady Grove, Pennsylvania; Wilhelmshaven, Germany; Qingzhou, China; and Jandira, Brazil. The company’s service network spans more than 170 locations worldwide, supported by regional parts distribution centers and dedicated training centers to ensure uptime and compliance with local regulations. Manitowoc also leverages digital asset-management tools to offer telematics and remote monitoring for enhanced fleet utilization.
Since May 2020, Manitowoc has been led by Chairman and Chief Executive Officer John Garrison, whose background includes senior executive roles in industrial equipment manufacturing and aftermarket services. Under his leadership, the company has continued to refine its cost structure, invest in research and development, and pursue selective acquisitions to broaden its portfolio. Manitowoc’s board and executive team emphasize operational excellence, sustainability initiatives and customer-driven innovation as the foundation for long-term growth.
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