Last $27.02 USD
Change Today -1.09 / -3.88%
Volume 3.8M
MTW On Other Exchanges
New York
As of 8:04 PM 09/15/14 All times are local (Market data is delayed by at least 15 minutes).

manitowoc company inc (MTW) Snapshot

Previous Close
Day High
Day Low
52 Week High
07/3/14 - $33.50
52 Week Low
10/9/13 - $18.12
Market Cap
Average Volume 10 Days
Shares Outstanding
Dividend Yield
Current Stock Chart for MANITOWOC COMPANY INC (MTW)

manitowoc company inc (MTW) Related Businessweek News

No Related Businessweek News Found

manitowoc company inc (MTW) Details

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.

13,400 Employees
Last Reported Date: 02/21/14
Founded in 1853

manitowoc company inc (MTW) Top Compensated Officers

Chairman, Chief Executive Officer and Preside...
Total Annual Compensation: $985.0K
Chief Financial Officer and Senior Vice Presi...
Total Annual Compensation: $457.0K
Senior Vice President and President of Crane ...
Total Annual Compensation: $460.0K
Senior Vice President, General Counsel and Se...
Total Annual Compensation: $412.0K
Senior Vice President of Human Resources & Ad...
Total Annual Compensation: $420.0K
Compensation as of Fiscal Year 2013.

manitowoc company inc (MTW) Key Developments

The Manitowoc Company, Inc. Presents at RBC Capital Markets 2014 Global Industrials Conference, Sep-09-2014 08:00 AM

The Manitowoc Company, Inc. Presents at RBC Capital Markets 2014 Global Industrials Conference, Sep-09-2014 08:00 AM. Venue: The Mandarin Oriental Hotel, 3752 Las Vegas Blvd, Las Vegas, Nevada, United States. Speakers: Carl J. Laurino, Chief Financial Officer and Senior Vice President, Steven C. Khail, Director of Investor Relations & Corporate Communications.

The Manitowoc Company, Inc. Approves Amendment to its Articles of Incorporation

On July 29, 2014, the Board of Directors of The Manitowoc Company, Inc. approved amendments to the Restated By-Laws of the company to, among other things, effect the following: revise the annual meeting date By-Law so that the annual meeting will be held on the prescribed date of the first Tuesday in May or another date that the Board approves; provide that shareholder information required under the notice provisions of Section 1 of Article II of the By-Laws and Section 3 of Article III of the By-Laws must include information regarding derivative instruments; amend Article II of the By-Laws to provide that the Chairman may adjourn a shareholders meeting; expressly provide that the Board has the authority to specify the number of directors within the range set forth in Section 2 of Article III of the By-Laws; provide that a majority of the directors, rather than two directors, may call a special meeting of the Board; amend Section 12 of Article III to make the list of proscribed Board committee actions and the minimum number of directors on a committee consistent with amendments to Section 180.0825 of the Wisconsin Business Corporation Law; provide that senior officers may appoint Assistant Treasurers and Assistant Secretaries; amend Section 16 of Article IV of the By-Laws to clarify and enhance the company's procedures with respect to its indemnification and reimbursement of, and advancement of expenses to, the company's officers and directors, including in certain proceedings where an officer or director is a witness or a party or is threatened to be made a party; allow for book-entry delivery of shares of stock; and make certain conforming and clarifying changes related to the foregoing.

Manitowoc Company Plans Acquisitions

The Manitowoc Company, Inc. (NYSE:MTW) intends to make acquisitions. Carl Laurino, Chief Financial Officer of the company said: “In terms of capital allocation we remain dedicated to maintaining a strong balance sheet while making prudent capital investments. As we continue to pay down debt our lower leverage will enable us to evaluate our capital deployment that generates the highest risk adjustment returns. These include strategic acquisitions to grow our industry-leading position, share repurchases, and/or dividends strategies.”


Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
MTW:US $27.02 USD -1.09

MTW Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Joy Global Inc $58.58 USD +0.05
Lennox International Inc $80.06 USD -0.62
Meritor Inc $13.16 USD -0.05
Timken Co/The $44.77 USD -0.41
XCMG Construction Machinery Co Ltd CNY8.21 CNY -0.22
View Industry Companies

Industry Analysis


Industry Average

Valuation MTW Industry Range
Price/Earnings 29.3x
Price/Sales 1.0x
Price/Book 4.5x
Price/Cash Flow 25.9x
TEV/Sales 0.5x

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact MANITOWOC COMPANY INC, please visit Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at