The Manitowoc Company, Inc. engages in the manufacture of cranes and related products, and foodservice equipment. Segments Cranes and Related Products segment This segment provides engineered lifting equipment for the construction industry worldwide. The company designs, manufactures, markets, and supports a product line of mobile telescopic cranes, tower cranes, lattice-boom crawler cranes, and boom trucks. This segment’s products are principally marketed under the Manitowoc, Grove, Potain, National Crane, and Shuttlelift brand names. The company serves various customers, including dealers, rental companies, contractors, and government entities, across the petrochemical and industrial, commercial, power and utilities, infrastructure, and residential end markets. This segment designs, manufactures and distributes a line of crawler-mounted lattice-boom cranes, which the company sells under the Manitowoc brand name. This segment also designs and manufactures a line of top-slewing and self-erecting tower cranes, which the company sells under the Potain brand name. The company designs and manufactures mobile telescopic cranes, which it sells under the Grove and Shuttlelift brand names; and a line of hydraulically powered telescopic boom trucks, which it sells under the National Crane brand name. The company also provides crane product parts and services, and crane rebuilding, remanufacturing, and training services, which are delivered under the Manitowoc Crane Care brand name. In some cases, the company’s products are manufactured for the company or distributed for the company under strategic alliances. The company’s crane products are used in various applications worldwide, including energy production/distribution and utilities; petrochemical and industrial projects; infrastructure applications, such as road, bridge and airport construction; and commercial and residential construction. Many of the company’s customers purchase one or more cranes together with various attachments to permit use of the crane in a range of lifting applications and other operations. Lattice-boom Cranes Under the Manitowoc brand name, the company designs, manufactures, and distributes lattice-boom crawler cranes. Lattice-boom cranes consist of a lattice-boom, which is a fabricated, high-strength steel structure that has four chords and tubular lacings, mounted on a base, which is either crawler or truck mounted. Lattice-boom cranes weigh less and provide higher lifting capacities than a mobile telescopic crane of similar boom length. The lattice-boom cranes are the only category of crane that could pick and move simultaneously with a full-rated load. The lattice-boom sections, together with the crane base, are transported to and erected at a project site. The company offers models of lattice-boom cranes with lifting capacities approximately 2,500 U.S. tons, which are used to lift material and equipment in various applications and end markets, including heavy construction, bridge and highway, duty cycle and infrastructure and energy-related projects. These cranes are also used by the value-added crane rental industry, which serves all of the end markets. Low-capacity crawler cranes with 150 U.S. ton capacity or less are often utilized for general construction and duty-cycle applications. High-capacity crawler cranes with greater than 150 U.S. ton capacity are used to lift materials in various applications and are used in heavy construction, energy-related, stadium construction, petrochemical work, and dockside applications. The company offers 10 low-capacity models and 9 high-capacity models. In 2014, the company introduced the Variable Position Counterweight (VPC) system. The VPC system automatically positions the counterweight, which is suspended above the ground, to fit a required lift by automatically positioning the counterweight based on changes in boom angle and lifted load. The company also offers its lattice-boom crawler crane customers various attachments that provide its cranes with greater capacity in terms of height, movement and lifting. The company’s principal attachments are MAX-ER attachments, luf
manitowoc company inc (MTW:New York)
2400 South 44th Street
Manitowoc, WI 54221
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