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 Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter April 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Allcargo Groups Subsidiaries as ECU Worldwide

ECU Line, Econocaribe and China Consolidators undergoes rebranding to build a Global Brand Connect   India’s integrated logistics solution provider Allcargo Logistics

Damen Opens US Office

Damen Shipyards Group has announced the opening of a new branch office in Houston, Texas. This expansion, under the name of Damen North America, meets the increasing

French PM: Aussie Subs to be built in Australia

French Prime Minister Manuel Valls said on Monday he was committed to building all of a new Australian submarine fleet in Australia, apparently contradicting the

Legal

USCG Sets 2nd Round of Hearings for El Faro

The U.S. Coast Guard will conduct a second round of public hearings May 16-27 for the Marine Board of Investigation into the loss of the U.S.-flagged cargo ship El Caro, and its 33 crewmembers.

French PM: Aussie Subs to be built in Australia

French Prime Minister Manuel Valls said on Monday he was committed to building all of a new Australian submarine fleet in Australia, apparently contradicting the

DNS Appoints Esson, Chief Executive

Decom North Sea (DNS), the representative body for the offshore decommissioning industry, which promotes and facilitates collaboration and cost reduction, today appointed a new chief executive.

 
 
Maritime Contracts Offshore Oil Pipelines Pod Propulsion Port Authority Salvage Ship Electronics Shipbuilding / Vessel Construction Sonar Winch
rss | archive | history | articles | privacy | 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: 0.0940 sec (11 req/sec)