More orders for Manitowoc, revenue went down
For the full year 2017 orders at crane manufacturer Manitowoc were reported as US$1,864.2 million, up 32 % on the previous year. Full-year revenue was down $31.8 million or 2 … Read more
On June 27, 1902, Elias Gunnell, Charles West, and Lynford Geer launched the Manitowoc Dry Dock Company, employing 90 men to construct and repair wooden ships. They probably wouldn’t recognize the company today, but they would recognize the company values that still hold true over one hundred years later.
With the enterprising spirit and foresight that became hallmarks of Manitowoc, the company constructed a steel fabrication building and began to build steel ships just two years later. In 1910, the company’s name changed to Manitowoc Shipbuilding and Dry Dock Company.
The early 20th century brought tumultuous times for the shipbuilding business. At an unstable time for the U.S. economy, Manitowoc had to take advantage of any opportunity for growth. In 1925, CEO Charles West began building cranes on a subcontract basis for the Moore Speedcrane Company, a move that marked the beginning of our legacy of world-class cranes manufacturing. Due to its diversified line of products and services, Manitowoc was the only Great Lakes shipyard to survive the financial strain of the nation’s failing economy in the 1930s.
From the 1930s, business boomed and Manitowoc began hiring workers from as far away as Minnesota and Michigan. In the summer of 1944, the first plans arose for the third line of business to complement the cranes and shipbuilding operations.
In 2002, Manitowoc Cranes acquired Grove Cranes, a manufacturer of mobile telescopic cranes. Grove’s manufacturing facilities in Shady Grove, Pennsylvania (USA) and Wilhelmshaven, Germany, greatly expanded our manufacturing capacity.
For the full year 2017 orders at crane manufacturer Manitowoc were reported as US$1,864.2 million, up 32 % on the previous year. Full-year revenue was down $31.8 million or 2 … Read more
Germany-based crane provider, Auto-Klug, has taken delivery of the first Grove GMK4100L-1 all terrain crane equipped with a K-100 synthetic rope in Germany. The 100-tonne Grove GMK4100L-1 was delivered to … Read more
Manitowoc launched their latest addition of Grove telescopic crawlers range in ConExpo 2017 in Las Vegas. The GHC30 will be the smallest in the GHC line and Manitowoc are pushing … Read more
GCD25 is the first Tier 4 compliant carry deck crane which is available to the North American market immediately. It features a Cummins QSB4.5L Tier 4 Final engine. Grove is … Read more
Machinery Oy, the recently appointed Grove distributor in Finland has made their sales of two units of Grove cranes to a Turku-based rental company, Nostokonepalvelu Oy. They have successfully delivered … Read more
Saleh Al-Huwaidi of Integrated Logistics (Left) with Manitowoc representative, Waleed Raouf and the new cranes behind. Kuwait’s largest crane rental company, Integrated Logistics has taken delivery of 10 new … Read more
New For Bauma 2013 In Munich, Germany Is The Grove YardBoss YB5520. This 18 T Industrial Crane Reflects A Complete Redesign Of The YardBoss For This Capacity Class.