Manitowoc Co. Inc. (NYSE: MTW).  The Company is a diversified industrial manufacturer of three principal market products: Cranes and Related Products (Crane); Foodservice Equipment (Foodservice) and Marine. The Crane business designs, manufactures and markets a line of crawler cranes, mobile telescopic cranes, tower cranes, and boom trucks. The Crane products are marketed under the Manitowoc, Grove, Potain, National, and CraneCare brand names and are used in a wide variety of applications, including energy, petrochemical and industrial projects, infrastructure development such as road, bridge and airport construction, commercial and high-rise residential construction, mining and dredging.

The Foodservice business designs, manufactures and markets ice making machines, walk-in and reach-in refrigerators and freezers, fountain beverage delivery systems and other foodservice refrigeration products for the lodging, restaurant, healthcare, convenience store, soft-drink bottling, and institutional foodservice markets. The Foodservice products are marketed under the Manitowoc, SerVend, Multiplex, Kolpak, Harford-Duracool, McCall, Koolaire, Flomatic, Icetronic, Kyees, RDI, and other brand names.

The Marine business provides new construction, ship repair and maintenance services for freshwater and saltwater vessels from four shipyards on the U.S. Great Lakes. The Marine segment is also a provider of Great Lakes and oceangoing mid-sized commercial, research and military vessels. The Marine segment serves the Great Lakes maritime market consisting of both U.S. and Canadian fleets, inland waterway operations, and ocean going vessels that transit the Great Lakes and St. Lawrence Seaways.

 Manitowoc's revenues rose 22% to $2.25B for the fiscal year ended 31 December 2005.  Net income from continuing operations rose 55%% to $59.1M.  The Stock's price gained 67.8% over the past 3 months; 103.7% over the past 6 months; and 165.2% over the past 12 months.

 Manitowoc is classified as a mid-cap value company. The Stock is rated to significantly outperform the market over the next six months. The Company was founded in 1902 and has its corporate offices in  Manitowoc, Wisconsin. The Company has approximately 8,000 employees.

Sector: Capital Goods; Industry: Construction & Agricultural Machinery; Ticker:MTW;  Exch: NYSE;  04/17/06 Closing Price: $47.01) 

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