MDM-Podcasts-launch
Need Help? (888) 742-5060

In The News:

Manitowoc Sales Up 3.4% in 2013

The Manitowoc Company, Inc. (NYSE: MTW), Manitowoc, WI, reported full year sales for 2013 of $4 billion, an increase of 3.4 percent from the previous year. Profit increased 39.4 percent to $141.8 million.

Sales for the fourth quarter were $1.1 billion, a 2.1 percent decrease over the same period a year ago. Profit decreased 39.4 percent to $20.9 million.

“The weak macro environment persisted in 2013, and as such, we diligently focused on managing those areas within our control,” said Glen E. Tellock, CEO of Manitowoc.“The foodservice segment posted strong year-over-year sales growth and margin improvements, driven by the manufacturing initiatives we implemented, as well as increased demand in North America and the success of our blended beverage equipment rollout in EMEA. "

© 2019 Gale Media, Inc.

Please do not reprint MDM's content on your website without MDM's express permission as it is copyrighted material. To gain permission, email us, or call 1-888-742-5060. For information on PDF or print reprints, visit www.mdm.com/reprints. MDM welcomes inbound links from your site. Please cite Modern Distribution Management.

2018-top-distributors-listThe 2018 Top Distributors List

This free PDF includes lists of top distribution companies across 14 sectors.

You will also receive MDM Update, our daily distribution e-newsletter & other distribution-focused content.

Download the Free PDF now >>


MDM-UpdateMDM Update: Daily Newsletter 

Sign up to read the best source for news & trends in wholesale distribution, MDM Update. Delivered daily to your inbox. 

Sign-up for MDM Update >>

Partner Center