MANITOWOC COMPANY, Inc. (NY: MTW)
30.98 USD  +0.55 (+1.81%)
Official Closing Price  /  Updated: 4:15 PM EDT, Apr 16, 2014  /  Add to My Watchlist      
(MTW) Community Analysis from
April 16, 2014
Earnings Overview for Manitowoc Company, Inc. (MTW) By Robert Weinstein Manitowoc Company, Inc. (MTW) is scheduled to release last fiscal quarter's results after the closing...(read more)
We’re going to take a look at some of the stocks with favorable patterns that have the strongest possibilities of having short- and intermediate-term moves. Manitowoc Co. Inc. (MTW) had a significant day on Wednesday. It broke out for ...
(Stock Blog Hub, 6/24/11)
Manitowoc Co. Inc. (MTW) reported an adjusted loss per share of 10 cents in its first quarter ended March 31, 2011, flat year over year while revenues increased 7% year over year to notch...(read more)
Manitowoc Company (MTW) Company Overview

Manitowoc (NYSE: MTW) manufacturers cranes, food service equipment, and shipping vessels. Manitowoc's value is tied directly to world infrastructure growth, as more heavy construction projects worldwide mean more contracts for MTW's cranes. The sale of the ship building operations in early 2009 and the acquisition of additional food service equipment companies in 2008 may have altered the relative importance of the crane business to some degree.

Ship building, repair, and maintenance, like crane construction, is heavily impacted by economic conditions, including shipping volume moving through the Great Lakes and St. Lawrence Seaway (MTW's 3 shipyards were located on the Great Lakes). The ship building business was sold in early 2009. The food service group, which manufactures commercial refrigerators and ice machines, sells mainly to lodging and restaurant customers, whose sales are largely dependent on discretionary consumer spending. The purchase of additional food service equipment companies in 2008 has increased the limited smoothing effect the Food Services Business has during economic downturns. Although Manitowoc has a diverse portfolio of businesses, all of its divisions are heavily exposed to economic cycles.

(Read more at Wikinvest )

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