Manitowoc Settles Action Seeking Damages for Misappropriation of Manitowoc’s Trade Secrets
March 21 2019 - 04:30PM
Business Wire
The Manitowoc Company, Inc. (NYSE: MTW) announced today that on
March 19, 2019, Manitowoc and Sany America, Inc. and Sany Heavy
Industry Co., Ltd entered into a consent decree and agreed to
settle Manitowoc’s action in the United States District Court for
the Eastern District of Wisconsin.
About The Manitowoc Company, Inc.
Founded in 1902, The Manitowoc Company, Inc. is a leading global
manufacturer of cranes and lifting solutions with manufacturing,
distribution, and service facilities in 20 countries. Manitowoc is
recognized as one of the premier innovators and providers of
crawler cranes, tower cranes, and mobile cranes for the heavy
construction industry, which are complemented by a slate of
industry-leading aftermarket product support services. In 2018,
Manitowoc’s net sales totaled $1.8 billion, with over half
generated outside the United States.
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version on businesswire.com: https://www.businesswire.com/news/home/20190321005742/en/
Ion WarnerVP, Marketing and Investor Relations+1
414-760-4805
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