The Manitowoc Company to Relocate Corporate Headquarters to Northwest Milwaukee
January 15, 2018 at 04:01 pm EST
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The Manitowoc Company, Inc. 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. 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.
The Manitowoc Company, Inc. is a provider of engineered lifting solutions. The Company, through its wholly owned subsidiaries, designs, manufactures, markets, distributes, and supports comprehensive product lines of mobile hydraulic cranes, lattice-boom crawler cranes, boom trucks, and tower cranes under the Aspen Equipment, Grove, Manitowoc, MGX Equipment Services, National Crane, Potain, and Shuttlelift brand names. Its segments include Americas segment, Europe and Africa (EURAF) segment and Middle East and Asia Pacific (MEAP) segment. The Americas segment includes the North America and South America continents. The EURAF segment includes the Europe and Africa continents, excluding the Middle East region. The MEAP segment includes the Asia and Australia continents and the Middle East region. Its crane products are used in a variety of applications throughout the world, including energy production/distribution and utility, petrochemical and industrial, and infrastructure.