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Manitowoc to invest €3 million in hoist production line

3/24/10 Ecully, France

Project will create new hoist “center of excellence” in Charlieu, France

Manitowoc is investing €3 million to establish a new hoist production line at its manufacturing facility in Charlieu, France, that replaces existing hoist production at the facility in La Clayette. All staff and equipment will move to Charlieu, 20 km away.

Philippe Cohet, executive vice president for Manitowoc in EMEA, said the investment improves the company’s manufacturing efficiency and brings future gains to its customer base.

“This is a long-term investment that will modernize our production facilities in France and boost our competitiveness,” he said. “It is both a response to the current low levels of demand in the industry and a move to position our company for future growth. Potain cranes are known for their quality and advanced technology, and this move safeguards both aspects for future generations.”

Hoist drums are a key strategic component for any crane, and by investing in a new purpose-built production line, Manitowoc demonstrates its commitment to product quality and customer satisfaction. Manufacture of hoists for Potain tower cranes originated in France, and the products, philosophies and procedures behind it will be exported to the company’s other production facilities in Germany, Italy, Portugal, China and India. Opening the new Charlieu capability will preserve that heritage and build a strong foundation for future developments worldwide.

The facility at Charlieu has extensive space to house the new production line, and once installed, the Charlieu industrial center of excellence will comprise four main areas of activity:

• The manufacture of large self-erecting cranes from the 
   Potain range.
• The manufacture of hoist drums for Potain tower 
   cranes and Grove mobile cranes.
• The production of sub-welded units.
• The production of spare parts and the provision of 
   refurbishment services for the Manitowoc Crane Care 
   customer service brand 

The production of spare parts and the provision of refurbishment services for the Manitowoc Crane Care customer service brand.

The transfer brings the total number of employees at Charlieu to approximately 340. There will be an extensive period of training and planning prior to hoist production starting at Charlieu. This will maintain consistency and ensure the new production facility fits with Manitowoc’s Lean Manufacturing production methods. The whole process will complete in the coming months.

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About The Manitowoc Company, Inc.

The Manitowoc Company, Inc. is a multi-industry, capital goods manufacturer with over 100 manufacturing and service facilities in 27 countries. It is recognized as one of the world's largest providers of lifting equipment for the global construction industry, including lattice-boom cranes, tower cranes, mobile telescopic cranes, and boom trucks. Manitowoc also is one of the world's leading innovators and manufacturers of commercial foodservice equipment serving the ice, beverage, refrigeration, food prep, and cooking needs of restaurants, convenience stores, hotels, healthcare, and institutional applications.