News

Manitowoc to relocate crawler manufacturing operations to Pennsylvania

Manitowoc to relocate crawler manufacturing operations to Pennsylvania
<![CDATA[

The Manitowoc Company Inc.,  Manitowoc, Wisconsin, has announced plans to relocate its crawler crane manufacturing operations from Manitowoc, Wisconsin, to Shady Grove, Pennsylvania.

The company says the move is being done to optimize its manufacturing footprint, reduce costs and expand margins. In deciding to relocate the manufacturing plant, the company says the initiative will increase its operational efficiency and allow it to reallocate resources to invest in profitable growth. The transition will begin by the third quarter of this year with completion anticipated by the middle of 2017.

“After a comprehensive analysis and review of our current manufacturing footprint, coupled with current market conditions, we believe this restructuring initiative will ensure that our business continues to meet and exceed the needs of our customers every day. We further recognize that this will have a personal impact on people who have been dedicated to Manitowoc. We thank them for their contributions to the achievements of our business, and are committed to treating them fairly and with respect throughout this process,” says Barry Pennypacker, Manitowoc’s president and CEO.

Shady Grove is a 300-acre facility with proven capability in manufacturing a broad range of product lines, including its rough terrain cranes, truck cranes, boom trucks, industrial cranes and lattice boom crawler cranes. Manitowoc has made significant investments in new equipment at the Shady Grove facility to augment its capacity and capability. The transition will optimize utilization of these assets with sufficient manufacturing capacity to support current and future crawler demand.

Manitowoc says that its crawler business intends to maintain its product engineering and related support functions in the Manitowoc, Wisconsin area. The company also will keep its headquarters in Manitowoc.

]]>
Source: Recycling Today
Manitowoc to relocate crawler manufacturing operations to Pennsylvania
<![CDATA[The Manitowoc Company Inc.,  Manitowoc, Wisconsin, has announced plans to relocate its crawler crane manufacturing operations from Manitowoc, Wisconsin, to Shady Grove, Pennsylvania. The company says the move is being done to optimize its manufacturing footprint, reduce costs and expand margins. In deciding to relocate the manufacturing plant, the company says the initiative will increase its operational efficiency and allow it to reallocate resources to invest in profitable growth. The transition will begin by the third quarter of this year with completion anticipated by the middle of 2017. “After a comprehensive analysis and review of our current manufacturing footprint, coupled with current market conditions, we believe this restructuring initiative will ensure that our business continues to meet and exceed the needs of our customers every day. We further recognize that this will have a personal impact on people who have been dedicated to Manitowoc. We thank them for their contributions to the achievements of our business, and are committed to treating them fairly and with respect throughout this process,” says Barry Pennypacker, Manitowoc’s president and CEO. Shady Grove is a 300-acre facility with proven capability in manufacturing a broad range of product lines, including its rough terrain cranes, truck cranes,…

Tagged: