Minten Named Executive VP of Marine Travelift
The Marine Travelift/Shuttlelift/ExacTech, Inc. family of companies announced Kurt Minten has been promoted to Executive Vice President of Marine Travelift. As the longest tenured employee in Marine Travelift history, Minten has many years of experience in all aspects of the business and has held positions in both engineering and sales leading up to this promotion.Minten’s experience with Marine Travelift began even before he was an employee of the company. Early in the company’s history…
Manitowoc Acquires Rights to Mobile Industrial Crane
Manitowoc Crane Group has acquired the Carrydeck line of mobile industrial cranes from privately held Marine Travelift, Inc. of Sturgeon Bay. Terms of the agreement were not disclosed. The proposed acquisition was included in the company's 2007 financial guidance provided on November 28, 2006 that incorporates a 20 percent growth rate in revenue and low-teen percentage operating margin for Manitowoc Crane Group.