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Manitowoc Named One of America’s Best Midsize Companies by TIME Magazine for Second Consecutive Year

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MILWAUKEE--(BUSINESS WIRE)-- The Manitowoc Company, Inc. (NYSE: MTW), (the “Company” or “Manitowoc”) a leading global manufacturer of cranes and lifting solutions, announced today that it was named one of America’s Best Midsize Companies for the second consecutive year by TIME magazine. This award reflects Manitowoc’s exceptional performance in three focus areas: employee satisfaction, revenue growth, and sustainability transparency measured by TIME and Statista Inc., a leading statistics and industry ranking provider. All companies considered are based in the U.S. and have revenue ranging from $100 million to $10 billion in 2023 and 2024. The Company made a significant leap, advancing 170 places from its 2024 award to achieve the 190th position.

To view TIME’s listing of America’s Best Midsize Companies, click here, or to learn more about sustainability at Manitowoc click here.

About The Manitowoc Company, Inc.

The Manitowoc Company was founded in 1902 and has over a 120-year tradition of providing high-quality, customer-focused products and support services to its markets. Manitowoc is one of the world's leading providers of engineered lifting solutions. Manitowoc, through its wholly-owned subsidiaries, designs, manufactures, markets, and supports comprehensive product lines of mobile hydraulic cranes, lattice-boom crawler cranes, boom trucks, and tower cranes under the Aspen Equipment, Grove, Manitowoc, MGX Equipment Services, National Crane, Potain, and Shuttlelift brand names.

For more information:

Ion Warner

SVP, Marketing and Investor Relations

+1 414-760-4805

ion.warner@manitowoc.com

Source: The Manitowoc Company, Inc.

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