Manitowoc Makes the List

Wednesday, January 29, 2003
The Manitowoc Company, Inc. has been chosen as one of the Best Big Companies in America according to Forbes Magazine's 2003 Platinum 400 list. The Forbes Platinum list selects companies across 23 industries with the best composite scores for both short- and long-term financial performance. Results are measured over 12-month and 5-year periods using a variety of financial metrics including return on capital, revenue growth, and earnings performance. According to Forbes, the Platinum 400 list includes "companies that are better than their competitors, with outstanding profitability and growth." The Manitowoc Company, a diversified, multi-industry, capital goods manufacturer headquartered in Manitowoc, WI, posted revenues of $1.1 billion during 2001 and has delivered a five-year average return on capital of 22.9 percent, a five-year average sales growth of 16.8 percent, and a five-year average earnings growth of 16.7 percent. "We're very proud to be included in the prestigious Forbes Platinum 400 list for the first time," said Terry D. Growcock, Manitowoc's chairman and chief executive officer. "We believe that our industry- and geographically-diverse business model, coupled with an expansive slate of market-leading products and a strong management team, have helped our company weather tough economic times throughout our 100-year history while consistently generating strong returns for our shareholders."
Maritime Reporter October 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

EU: Ships Will Measure CO2 Emissions

Shippers to begin monitoring from 2018; Environmental groups say law is weak, shippers favorable. The shipping sector will for the first time have to monitor

Matson Raises 2015 Westbound Hawaii Box Rates

Matson, Inc., a U.S. carrier in the Pacific, announced that Matson Navigation Company, Inc. (Matson) will raise its rates for the company's Hawaii service by $225

Melbourne Box Pot Lining Up Bidders

Three of Australia's largest infrastructure funds plan to bid for the country's largest container terminal in a sale expected to fetch about A$5 billion ($4.27 billion) for Victoria state,

Legal

EU: Ships Will Measure CO2 Emissions

Shippers to begin monitoring from 2018; Environmental groups say law is weak, shippers favorable. The shipping sector will for the first time have to monitor

Woodside to Pick up Moroccan Acreage

Woodside advises that it has entered into a contract for an exclusive Reconnaissance Licence (RL) with the Office National des Hydrocarbures et des Mines, the

PGS Moves Asia Pacific HQ to Malaysia

Petroleum Geo-Services ASA : Kuala Lumpur Becomes the New Asia Pacific Regional Headquarters As a part of the plan to restructure PGS business activities

 
 
Maritime Security Naval Architecture Offshore Oil Pipelines Pod Propulsion Ship Repair Ship Simulators Shipbuilding / Vessel Construction Sonar Winch
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1815 sec (6 req/sec)