Manitowoc halts business in Russia
Premium Content
19 April 2022
Manitowoc has announced it has been curtailing its operations in Russia since the beginning of the conflict in Ukraine and has stopped taking new crane orders.
Manitowoc at the ConExpo exhibition in March 2020 (Photo: Manitowoc)
It said that with roughly 20 local employees, sales to Russia were less than two percent of total sales in 2021.
Aaron H. Ravenscroft, president and CEO of the Manitowoc Company, said, “While doing our best to support our local team members, we have and will continue to comply with all sanctions and conduct our business in accordance with all applicable laws.
“The safety and well-being of our employees and their families are our top priorities.”
As sustainability pressures, technology and rising operating costs reshape construction economics, contractors are looking beyond purchase price to understand what machines truly cost over their lifetime
When you’re working with machinery, uptime is money – so why allow downtime on a jobsite to be triggered by something as unglamorous as an air filter?
Rental experts discuss equipment strategies for today’s complex lifting challenges