Manitowoc Co.

Engineering and Construction, Food and Beverage, Manufacturing
2
NYSE:MTW
USA

[email protected]

“The Manitowoc Company, Inc. is a multi-industry, capital goods manufacturer with over 100 manufacturing and service facilities in 27 countries. It is recognized as one of the world's largest providers of lifting equipment for the global construction industry, including lattice-boom cranes, tower cranes, mobile telescopic cranes, and boom trucks. Manitowoc also is one of the world's leading innovators and manufacturers of commercial foodservice equipment serving the ice, beverage, refrigeration, food prep, and cooking needs of restaurants, convenience stores, hotels, institutions, and healthcare facilities” (The Wall Street Journal, "The Manitowoc Company to Participate in J.P. Morgan Diversified Industries Conference,"June 1 2010).

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The company also describes itself as "a leading provider of shipbuilding, ship repair, and conversion services for government, military, and commercial customers throughout the U.S. maritime industry" (Company website).

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Convotherm, a foodservice manufacturer and subsidiary of Manitowac, lists a contact person for sales in Iran on its website. (Subsidiary website)

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Scotsman Ice, a leading global ice manufacturer, is a subsidiary of Enodis, a foodmaking equipment company and subsidiary of the Manitowoc Company.  On the company’s website, Scotsman lists three distributors in Tehran. (Subsidiary website)

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Bio Enzyme Persia, an authorized distributor of medical and laboratory equipment in Tehran, features the Scotsman logo on its website. (Iranian Dealer website)

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In a 2002 press release, Manitowoc stated its plan to create a customer focused sales area in the Middle East, including Iran in the list of countries: “The Middle East (Egypt, Iran, Iraq, Pakistan, Afghanistan, Syria, Lebanon, Jordan, Saudi Arabia, United Arab Emirates, Yemen, Oman, Qatar, Bahrain, Kuwait, Azerbaijan, Uzbekistan, Turkmenistan, as well as Turkey for tower cranes), which will be managed, by David Semple for the tower crane line and by Hamid Summers for both mobile and crawler cranes, from Dubai” (Manitowoc Press Release, "Manitowoc Crane Group announces new organization structure for the Europe, Middle East and Africa region," February 28, 2002).

 

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Manitowoc Crane Group followed up its announced sales plan for the Middle East market with a regional distributors' conference in 2005. "Manitowoc Crane Group staged its first Middle East regional distributors’ conference in November 2005, at the Oasis Beach Hotel, in Dubai, United Arab Emirates. The event was an opportunity for Manitowoc Crane Group to meet with its local Grove dealers and discuss the fast-growing Middle East market.

"The conference included representatives from Saudi Arabia, Bahrain, UAE, Kuwait, Jordan, Syria, Lebanon, Egypt, Iran, Oman, Qatar, and Iraq with companies such as Kanoo Machinery, Equipment Company, Orascom Trading, ETCO, Tolitech, Arabian Crane Services, Mannai Trading, and Boranex all sending delegates" (Manitowoc Crane Group News Release, "Middle East Meeting for Grove Dealers," January 6, 2006).

 

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One of the companies represented at the conference, Toli Tech, is an Iranian construction company with an office in Tehran (Iranian Company Information).