MANITOWOC, WI (WTAQ) – Manitowoc Company Inc. says they’re moving its crawler crane manufacturing operations to Pennsylvania.
The Manitowoc-based company made that announcement Monday.
Company officials say the number of jobs affected by the change is not known. The transition is expected to begin in the fall and wrap up by the middle of 2017.
The move, officials say, is aimed at reducing costs and expanding margins.
“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,” said Barry Pennypacker, president and chief executive officer, The Manitowoc Company, Inc.
Manitowoc Company Inc. specializes in products for the food service and construction industries.
The company says it will maintain its corporate headquarters in Manitowoc.
