Boston, MA 10/04/2013 (wallstreetpr) – In Thursday’s trading, Manitowoc Company, Inc. (NYSE:MTW) dropped by 1.25%. The shares opened at a price of $19.90, climbed to an intraday high of $20.00 and dipped to a close of $19.78. Approximately 1.73 million shares were traded on Thursday while an average volume of 1.95 million shares were traded over a 30 day period. The 52-week low of the company’s shares is $12.82 and its 52-week high is $21.87. Manitowoc Company, Inc. (NYSE:MTW) has a market capitalization of $2.64 billion.
About the company
Manitowoc Company, Inc. (NYSE:MTW) is a multi industry, capital-goods manufacturer. It operates in 2 markets: 1) Cranes and Related Products and 2) Foodservice Equipment Crane provides engineered lifting-equipment used in the global-construction industry. This includes equipment such as lattice-boom cranes, tower-cranes, mobile-telescopic cranes, and boom-trucks. Foodservice manufactures commercial-foodservice equipment that serves ice, refrigeration, food-preparation, beverage, and various cooking needs of convenience stores, restaurants, healthcare, hotels as well as institutional-applications.
Manitowoc Company, Inc. (NYSE:MTW) Crane products are all marketed under the Grove, Dongyue, Manitowoc, National, Potain, Shuttlelift, and Crane-Care brands. Its Foodservice products are all marketed under the Garland, Servend, Manitowoc, Kysor Panel, Convotherm, Cleveland, U.S. Range, Lincoln, Frymaster, Delfield, Merrychef, Kolpak, Jackson, Multiplex, and Manitowoc Beverage-System brands.
Crane and Related Products
Manitowoc Company, Inc. (NYSE:MTW)’s Crane business segment in involved in designing and manufacturing a diversified-line of slewing and other self-erecting tower-cranes. These are sold under the Potain brand name. Manitowoc Company, Inc. (NYSE:MTW) is engaged in designing and manufacturing mobile telescopic-cranes. These are sold under the Grove, Dongyue and Shuttlelift brands. It also has a line of hydraulically-powered telescopic-boom trucks. These are sold under the National Crane brand. Manitowoc Company, Inc. (NYSE:MTW) also provides crane-product services and parts and crane-rebuilding, remanufacturing, as well as training services. These are delivered as the Manitowoc Crane Care brand name.
