(MTW) Manitowoc - Ratings and Ratios

The Manitowoc Company, Inc. operates as a global provider of engineered lifting solutions, with a presence in the Americas, Europe, Africa, the Middle East, the Asia Pacific, and other international markets. Its product portfolio encompasses a wide range of cranes, including crawler-mounted lattice-boom cranes under the Manitowoc brand, which are designed for heavy-duty applications such as construction and infrastructure projects. Additionally, the company offers top-slewing and self-erecting tower cranes under the Potain brand, which are well-suited for urban construction sites and other space-constrained environments.

Manitowoc also manufactures and distributes mobile hydraulic cranes under the Grove, Shuttlelift, and National Crane brands, which are used in various industries such as construction, mining, and oil and gas. Furthermore, the company produces hydraulic boom trucks under the National Crane brand, which are designed for applications that require a combination of lifting and reaching capabilities. The company's products are used in a diverse range of applications, including energy production and distribution, petrochemical and industrial processes, infrastructure development, and commercial and residential construction.

In addition to its manufacturing and distribution activities, Manitowoc provides a comprehensive range of aftermarket services, including the sale of parts and accessories, field service work, routine maintenance services, technical support, and training programs. The company also offers erection and decommissioning services, crane and component remanufacturing, and telematics services, which enable customers to monitor and optimize the performance of their cranes. By providing these services, Manitowoc is able to support its customers throughout the entire lifecycle of their crane products, from initial purchase to ongoing maintenance and eventual replacement.

Manitowoc's customer base is diverse and includes dealers, rental companies, contractors, and government entities that operate in various end markets, such as petrochemical, industrial, commercial construction, power and utilities, infrastructure, and residential construction. The company's products and services are designed to meet the specific needs of these customers, who require reliable and efficient lifting solutions to complete their projects safely and on time. With a history dating back to 1902, Manitowoc has established itself as a leading provider of engineered lifting solutions, and its products and services are used in a wide range of applications around the world.

The company is headquartered in Milwaukee, Wisconsin, and its common stock is listed on the New York Stock Exchange (NYSE) under the ticker symbol MTW. Manitowoc's stock is classified as a common stock, and the company is part of the construction machinery and heavy transportation equipment sub-industry, which is a segment of the broader industrial sector. With a global presence and a diverse range of products and services, Manitowoc is well-positioned to continue serving its customers and meeting the evolving needs of the construction and infrastructure industries.