MILWAUKEE--(BUSINESS WIRE)--
The Manitowoc Company, Inc. (NYSE: MTW) announced today that on March
19, 2019, Manitowoc and Sany America, Inc. and Sany Heavy Industry Co.,
Ltd entered into a consent decree and agreed to settle Manitowoc’s
action in the United States District Court for the Eastern District of
Wisconsin.
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 2018, Manitowoc’s net sales
totaled $1.8 billion, with over half generated outside the United States.
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Ion Warner
VP, Marketing and Investor Relations
+1 414-760-4805
Source: The Manitowoc Company, Inc.