U.S. Government Affirms Manitowoc’s Anti-Dumping Claim

The Manitowoc Company, Inc. (NYSE: MTW), (the “Company” or “Manitowoc”) a leading global provider of engineered lifting solutions, today welcomed the unanimous and bipartisan affirmative decision from the U.S. International Trade Commission and U.S. Department of Commerce finding predatory dumping by producers of lattice-boom crawler cranes from Japan.

Aaron H. Ravenscroft, President and Chief Executive Officer of The Manitowoc Company, Inc., stated, "We are pleased by the U.S. Government's decision. This outcome helps restore fair competition in the marketplace and supports the long-term strength of our U.S. manufacturing operations and workforce.”