Sales fall at Manitowoc but order flow still positive

29 July 2009

Second-quarter 2009 net sales in Manitowoc's crane segment were US$652.3 million, down 39% from $1.064 billion in the second quarter of 2008. Crane segment operating earnings for the second quarter of 2009 decreased 70% to $49.5 million from $167.0 million in the same period last year. Excluding the negative impact…

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