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The Manitowoc Company, Inc.

Manufacturing and Construction Equipment ~10 employees
Founded
--
Employees (Est.)
~10
1 leaders known
Total Funding
$600.0M
Funding Rounds
2
Last Funding
2024-09-05

About The Manitowoc Company, Inc.

The Manitowoc Company is a leading global manufacturer of cranes and lifting solutions, setting the standard for lifting innovation. Their mission is to 'Build Something Real' by providing high-quality equipment and services for various construction and industrial applications.

Products & Services

Manitowoc Cranes:Crawler and other crane models for heavy lifting applications.
Grove Cranes:All-terrain and mobile cranes, including models like GMK6450-1, known for heavy-duty performance.
Potain Cranes:Tower and self-erecting cranes, such as the Igo M 24-19, designed for home construction and renovation.
National Crane:Boom trucks and other specialized lifting equipment.
Shuttlelift:Industrial cranes for various lifting needs.
Used Cranes:Pre-owned crane equipment available for purchase.
Parts and Services:Replacement parts, manuals, and support services including structural repairs, remanufacturing, and training.
CraneSTAR:Fleet management system for crane operations.
Lift Solutions:Customized lifting solutions for specific project needs.
Financing:Flexible and affordable financing options through Manitowoc Finance.
ASSIST Application:Mobile app for real-time diagnosis and viewing of connected cranes, available on Apple and Play Store in 4G.

Specialties

Crane Manufacturing Lifting Solutions Fleet Management Systems Construction Equipment Customization Heavy-Duty All-Terrain Cranes Tower and Self-Erecting Cranes

Funding History

Debug: View Raw Funding Data
# Type Amount Fields Date Fields Investors
1 RT: Debt
T: -
FT: Debt
A: 300000000
MR: -
FA: $300 million
FAN: 300000000
D: 2024-09-05
FD: 2024-09-05
-
2 RT: Senior Secured Second Lien Notes
T: -
FT: Senior Secured Second Lien Notes
A: 300000000
MR: -
FA: $300,000,000
FAN: 300000000
D: 2024-09-03
FD: 2024-09-03
-
Debt Latest
2024-09-05
$300.0M
Senior Secured Second Lien Notes 2024-09-03
$300.0M

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Growth Metrics

+45%
Employee Growth
YoY
3.2x
Funding Growth
Last Round
12
Markets
Operating
10K+
Customers
Active

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Team & Leadership

S

Sönke Jordt

Company Owner

Recent News

The Manitowoc Company, Inc. Announces New Product Launch

2 days ago

Company unveils innovative solution to transform the industry, expanding market reach and capabilities...

Read more →

Leadership Team Expands with Industry Veteran

1 week ago

New executive brings 20+ years of experience to accelerate growth and strategic initiatives...

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Company Recognized as Industry Leader

2 weeks ago

Receives prestigious award for innovation and customer satisfaction in competitive market...

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Key Competitors

C1

Competitor Alpha

Series B · $50M raised

C2

Competitor Beta

Series C · $120M raised

C3

Competitor Gamma

Series A · $25M raised

C4

Competitor Delta

Seed · $10M raised

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Company Details

Industries
Manufacturing and Construction Equipment
Company Size
~10 employees (est.)

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