Articles
advertisement
Resources
Issue Archive
Event Calendar
The Rental Show– New Orleans, LA
February 6-8, 2012
Manitowoc to Close Nebraska Plant
As part of its integration of Grove Worldwide, Manitowoc, Wis.-based Manitowoc Co. said recently it will close its National Crane Corp. boom-truck manufacturing operations in Waverly, Neb. Approximately 300 jobs will be eliminated as a result.
According to The Business Journal of Milwaukee, Manitowoc will consolidate production into a plant in Shady Grove, Pa. Both facilities were acquired when the company acquired Grove Worldwide last year.
Closing is expected by the end of the year and only a few of the plant's support staff are expected to transfer to the Pennsylvania operation, Thomas Musial, Manitowoc's senior vice president, human resources and administration, told the newspaper.
Assets of the National Crane operations will be sold. Proceeds from the sale are expected to equal or slightly exceed the after-tax costs associated with the move.
Want to use this article? Click here for options!
© 2012 Penton Media Inc.
Acceptable Use Policy blog comments powered by Disqus
most recent story
popular articles
advertisement
Popular Articles
Stock Block
Buyers Guide
Buyers Guide
The RER Industry Directory is the resource buyers like yourself rely on when looking for up-to-date information on the products or services you are searching for.
Learn More
Rental Rate Guide
Rental Rate Guide 2012
Want to know how much equipment is renting for these days? Find out in RER's original 2012 Rental Equipment Rate Guide.
Learn More








