Manitowoc Company Description
The Manitowoc Company makes foodservice equipment, such as ice-making, beverage-dispensing, and refrigerating products, as well as cranes and related products. Its ice-making and beverage-dispensing machines serve the restaurant, hospitality, and convenience store markets. Manitowoc sells its boom cranes, tower cranes, telescopic cranes, and related equipment to companies in the construction and mining industries. The company, which began at the turn of the 20th century as a shipbuilder, sold its shipbuilding and ship repair business to Fincantieri Cantieri Navali Italiani in 2008 for about $120 million in cash.
View the Comprehensive Company Description for Manitowoc
The Company Description provides a historical perspective of Manitowoc's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Manitowoc's evolution in the marketplace.
