There is no surprise that when your company is doing well, you are going to be put under the microscope.  Being a company that is traded to the public makes this even more of a big deal.  Not that Manitowoc is a company that holds a $300+ per share stock, but it has moved around a bit to get the attention of people with money.  Analysts have confirmed that Manitowoc has been in the news quite a bit over the last few quarters and that is reason for those in the crane world to celebrate.

When a crane manufacturing company is doing well, that means there is a need for the product and the industry as a whole is doing well.  More than one analysts commented on the worldwide demand for heavy lift cranes and those that can get into tight places, like tower cranes.  Skyscrapers are getting taller and the construction demands that are put on teams of cranes are getting more attention in the market.

Manitowoc has seen its stock move around quite a bit over the last few months and that includes a drop to just $21/share over the last 12 months.  Recently the price per share almost hit $40 and that is going to put a lot of attention on the company from people that have money and they are looking to invest it.

According to reports, Manitowoc Company shares are being bought up like they are going out of style and the reason can be attributed to the overall growth and demand in the worldwide construction industry.

There is always plenty of news about our favorite crane manufacturing company, but we also have news once in a while.  If you would like to be the first to know anything about our website or store please sign up to our newsletter with the form shown below.

Also, in case you missed it, we are have these specials going on right now!