{"id":11180,"date":"2017-05-10T13:11:09","date_gmt":"2017-05-10T13:11:09","guid":{"rendered":"http:\/\/minutes.machine.market\/?p=11180"},"modified":"2017-05-10T13:11:09","modified_gmt":"2017-05-10T13:11:09","slug":"manitowoc-sales-down-28-4-in-1q-of","status":"publish","type":"post","link":"https:\/\/machine.market\/blog\/manitowoc-sales-down-28-4-in-1q-of\/","title":{"rendered":"Manitowoc Sales Down 28.4% in 1Q of 2017"},"content":{"rendered":"<p>The <a href=\"https:\/\/www.manitowoccranes.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">Manitowoc<\/a> Company Inc.\u00a0(NYSE: MTW), Manitowoc, WI, reported sales for the first quarter of $305.8 million, a decrease of 28.4 percent compared to the same period a year earlier. The company reported a loss of $36 million, compared to a year-ago loss of\u00a0$195.9 million.<\/p>\n<p>\u201cDespite the challenging market conditions, we remain focused on the things we can control,&#8221; said Barry L. Pennypacker, president and CEO of The Manitowoc Company Inc. &#8220;The relocation of our crawler crane production continues to proceed as planned; on time and within budget. Through judicious working capital management, we delivered improved cash flow from operational activities versus last year and ended the quarter with no outstanding borrowings on our ABL credit facility.&#8221;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Manitowoc Company Inc.\u00a0(NYSE: MTW), Manitowoc, WI, reported sales for the first quarter of $305.8 million, a decrease of 28.4 percent compared to the same period a year earlier. The company reported a loss of $36 million, compared to a year-ago loss of\u00a0$195.9 million. \u201cDespite the challenging market conditions, we remain focused on the things [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":11181,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":""},"categories":[2,8],"tags":[1004],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v14.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Manitowoc Sales Down 28.4% in 1Q of 2017 - MachineMarket Blog<\/title>\n<meta name=\"robots\" content=\"index, follow\" \/>\n<meta name=\"googlebot\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta name=\"bingbot\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cranemarket.com\/blog\/manitowoc-sales-down-28-4-in-1q-of\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Manitowoc Sales Down 28.4% in 1Q of 2017 - MachineMarket Blog\" \/>\n<meta property=\"og:description\" content=\"The Manitowoc Company Inc.\u00a0(NYSE: MTW), Manitowoc, WI, reported sales for the first quarter of $305.8 million, a decrease of 28.4 percent compared to the same period a year earlier. The company reported a loss of $36 million, compared to a year-ago loss of\u00a0$195.9 million. \u201cDespite the challenging market conditions, we remain focused on the things [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cranemarket.com\/blog\/manitowoc-sales-down-28-4-in-1q-of\/\" \/>\n<meta property=\"og:site_name\" content=\"MachineMarket Blog\" \/>\n<meta property=\"article:published_time\" content=\"2017-05-10T13:11:09+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/machine.market\/blog\/wp-content\/uploads\/2017\/05\/Manitowoc-Crawler-Crane.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"750\" \/>\n\t<meta property=\"og:image:height\" content=\"421\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Organization\",\"@id\":\"https:\/\/machine.market\/blog\/#organization\",\"name\":\"CraneMarket | Cranes for Sale and Rent\",\"url\":\"https:\/\/machine.market\/blog\/\",\"sameAs\":[],\"logo\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/machine.market\/blog\/#logo\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/machine.market\/blog\/wp-content\/uploads\/2019\/03\/crane-market-logo.png\",\"width\":282,\"height\":81,\"caption\":\"CraneMarket | Cranes for Sale and Rent\"},\"image\":{\"@id\":\"https:\/\/machine.market\/blog\/#logo\"}},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/machine.market\/blog\/#website\",\"url\":\"https:\/\/machine.market\/blog\/\",\"name\":\"MachineMarket Blog\",\"description\":\"Machine News\",\"publisher\":{\"@id\":\"https:\/\/machine.market\/blog\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":\"https:\/\/machine.market\/blog\/?s={search_term_string}\",\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/cranemarket.com\/blog\/manitowoc-sales-down-28-4-in-1q-of\/#primaryimage\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/machine.market\/blog\/wp-content\/uploads\/2017\/05\/Manitowoc-Crawler-Crane.jpg\",\"width\":750,\"height\":421},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/cranemarket.com\/blog\/manitowoc-sales-down-28-4-in-1q-of\/#webpage\",\"url\":\"https:\/\/cranemarket.com\/blog\/manitowoc-sales-down-28-4-in-1q-of\/\",\"name\":\"Manitowoc Sales Down 28.4% in 1Q of 2017 - MachineMarket Blog\",\"isPartOf\":{\"@id\":\"https:\/\/machine.market\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/cranemarket.com\/blog\/manitowoc-sales-down-28-4-in-1q-of\/#primaryimage\"},\"datePublished\":\"2017-05-10T13:11:09+00:00\",\"dateModified\":\"2017-05-10T13:11:09+00:00\",\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/cranemarket.com\/blog\/manitowoc-sales-down-28-4-in-1q-of\/\"]}]},{\"@type\":\"Article\",\"@id\":\"https:\/\/cranemarket.com\/blog\/manitowoc-sales-down-28-4-in-1q-of\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/cranemarket.com\/blog\/manitowoc-sales-down-28-4-in-1q-of\/#webpage\"},\"author\":{\"@id\":\"https:\/\/machine.market\/blog\/#\/schema\/person\/d55314291bc2800387533231d1e82150\"},\"headline\":\"Manitowoc Sales Down 28.4% in 1Q of 2017\",\"datePublished\":\"2017-05-10T13:11:09+00:00\",\"dateModified\":\"2017-05-10T13:11:09+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/cranemarket.com\/blog\/manitowoc-sales-down-28-4-in-1q-of\/#webpage\"},\"publisher\":{\"@id\":\"https:\/\/machine.market\/blog\/#organization\"},\"image\":{\"@id\":\"https:\/\/cranemarket.com\/blog\/manitowoc-sales-down-28-4-in-1q-of\/#primaryimage\"},\"keywords\":\"Manitowoc\",\"articleSection\":\"Constuction &amp; 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