The Manitowoc Company to Relocate Corporate Headquarters to Northwest Milwaukee
The Manitowoc Company, Inc. (NYSE: MTW), a leading global manufacturer of cranes and lifting solutions, today announced it will
relocate its corporate headquarters from Manitowoc, Wisconsin to Milwaukee, Wisconsin.
Manitowoc will lease approximately 16,000-square feet in One Park Place in the Park Plaza office park. Manitowoc has already
started to transition headquarters employees with the relocation expected to be completed by the end of the first quarter, 2018
pending completion of the build-out.
“Manitowoc’s origin as a Wisconsin based manufacturer dates to 1902. The state has an impressive roster of global manufacturing
businesses with a top-level talent pool, and we are excited about the move of our corporate headquarters. We believe this location
will strategically create easier accessibility for our customers, shareholders and employees,” said Barry Pennypacker, President
and CEO, The Manitowoc Company.
Commensurate with the relocation to Milwaukee, the Company has agreed to the sale of its former headquarters at 2400 S.
44th Street in Manitowoc. The sale to Manitowoc-based Investors Community Bank is expected to be complete by the end of
the first quarter, 2018.
About The Manitowoc Company, Inc.
Founded in 1902, The Manitowoc Company, Inc. is a leading global manufacturer of cranes and lifting solutions with
manufacturing, distribution, and service facilities in 20 countries. Manitowoc is recognized as one of the premier innovators and
providers of crawler cranes, tower cranes, and mobile cranes for the heavy construction industry, which are complemented by a slate
of industry-leading aftermarket product support services. In 2016, Manitowoc’s net sales totaled $1.6 billion, with over half
generated outside the United States.
The Manitowoc Company, Inc.
Ion Warner, 717-593-5266
VP, Marketing and Investor Relations
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