A maker of heavy lifting equipment, this company builds crawler, tower, and mobile hydraulic cranes under well-known brands like Grove, Potain, and Manitowoc, used in construction, energy, and infrastructure projects worldwide. It began in 1902 as the Manitowoc Dry Dock Company, a Wisconsin shipbuilder, before moving into cranes in 1925 when it agreed to build an early mobile crane called the Speedcrane. Its name comes from an Ojibwe word often translated as "dwelling of the Great Spirit."
Manitowoc to present at Midwest IDEAS Investor Conference on August 26, 2026.
The investor presentation is attached as Exhibit 99 and furnished, not filed, under Item 7.01 Regulation FD Disclosure.
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The Manitowoc Company, Inc. will present at the Midwest IDEAS Investor Conference on Wednesday, August 26, 2026, at 12:15 PM ET.
The presentation outlines aspirational targets including $3.0B+ revenue, $1.0B+ non-new machine sales, 12%+ adjusted EBITDA, and 15%+ adjusted ROIC over a 5-year period.
Updated 2026 full-year guidance includes net sales of $2.3-$2.4 billion and adjusted EBITDA of $150-$170 million, including a $16 million net benefit from tariff refunds.
The company reported backlog of $1.05 billion, up 44% year-over-year, and net leverage of 2.6x as of June 30, 2026.
7.01 Regulation FD Disclosure · 9.01 Financial Statements and Exhibits
Manitowoc shareholders approve amended 2025 Omnibus Incentive Plan at 2026 annual meeting
All nine director nominees were elected to one-year terms expiring in 2027, including Anne E. Bélec, Amy R. Davis, Ryan M. Gwillim, Kenneth W. Krueger, Robert W. Malone, C. David Myers, Aaron H. Ravenscroft, Mark B. Rourke, and Randy A. Wood.
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At the May 5, 2026 annual meeting, shareholders approved the Amended and Restated 2025 Omnibus Incentive Plan, authorizing 1,800,000 additional shares for a total of 3,600,000 shares.
Shareholders ratified the appointment of Deloitte & Touche LLP as independent auditor for fiscal year 2026.
The advisory vote on named executive officer compensation was approved with 22,115,778 votes for and 872,325 against.
The plan allows grants of stock options, stock appreciation rights, restricted stock, performance units, cash incentives, and other awards to officers, employees, and directors.
5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements · 5.07 Submission of Matters to a Vote of Security Holders · 9.01 Financial Statements and Exhibits
Manitowoc reports Q1 2026 net loss of $6.0 million, maintains full-year guidance
Net sales increased 5.0% year-over-year to $494.6 million, with non-new machine sales up 3.2% to $165.7 million.
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First-quarter 2026 net loss was $6.0 million, or $(0.17) per diluted share, compared to a net loss of $6.3 million, or $(0.18) per diluted share, in the prior-year quarter.
Orders rose 5.8% to $645.7 million, and ending backlog reached $939.9 million, the highest level in two years.
Adjusted EBITDA was $19.6 million, down 9.7% from the prior year; net cash from operations was $27.4 million and free cash flow was $19.2 million.
The company maintained its full-year 2026 guidance.
2.02 Results of Operations and Financial Condition · 9.01 Financial Statements and Exhibits
Manitowoc appoints Jennifer L. Peterson as EVP, Chief Legal and People Officer
On March 30, 2026, the Board of Directors appointed Jennifer L. Peterson to the expanded role of Executive Vice President, Chief Legal and People Officer and Secretary, effective immediately.
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Peterson, who had served as EVP, General Counsel and Secretary since 2022, will now also lead global human resources and risk management functions.
The appointment was announced in a press release dated March 31, 2026, attached as Exhibit 99.1 to the 8-K.
Peterson has nearly 25 years of legal experience and joined Manitowoc in 2018, holding positions of increasing responsibility in the legal department.
The filing was made under Item 8.01 (Other Events) to disclose the leadership change.
Manitowoc EVP of Human Resources James S. Cook resigns, effective March 29, 2026
A separation agreement was signed on March 27, 2026, providing base salary and health benefits during the transition period.
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James S. Cook resigned as Executive Vice President, Human Resources, effective March 29, 2026, and will leave transitional employment on June 19, 2026.
Cook will not receive or vest in additional equity-based or incentive compensation during or after the transition period.
The company will pay the employer portion of COBRA health coverage through September 30, 2026, if Cook elects it and complies with the agreement.
The agreement includes a release of claims and restrictive covenants, but Cook is released from certain non-compete and non-solicitation obligations after the separation date.
5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements
Manitowoc to present investor materials at February 11-14, 2026 conference
The investor presentation is attached as Exhibit 99 and furnished, not filed, under Item 7.01 Regulation FD Disclosure.
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The Manitowoc Company, Inc. will present to investors from February 11-14, 2026, starting at noon ET on February 11.
The presentation outlines aspirational targets of $3.0B revenue, $1.0B non-new machine sales, 12% adjusted EBITDA, and 15% adjusted ROIC over a 5-year period.
The company highlights a strong acquisition track record, including ~$200M invested in H&E Cranes, Aspen Equipment, and assets of Honnen and Ring Power.
The filing was made under Regulation FD to publicly disclose the investor presentation materials.
7.01 Regulation FD Disclosure · 9.01 Financial Statements and Exhibits