News Release

April 30, 2007

Essex Crane Rental to buy Manitowoc 14000s
 

Manitowoc Crane Group and Essex Crane Rental Corp. announced Thursday, April 26 that they would continue their decades-old partnership. Essex will purchase multiple Manitowoc Model 14000s, the company’s newest model crawler crane.Essex will add several of Manitowoc’s new 200 t (220 US t) crawler cranes to its fleet this year and next. The order updates Essex’s fleet with several of Manitowoc’s newest EPIC with Can-Bus-era cranes.

Essex owns the largest fleet of Manitowoc cranes worldwide, many of them Vicon cranes, such as the Model 4100. The 14000 is a modern update to the mid 200-ton class crane for Manitowoc, which, like the 4100 is a favorite for Essex’s rental customers.

“Today we’ve put together a plan to add several 14000s to our fleet,” said Ron Schad, Essex president. “We based that decision on our long history with Manitowoc. We are pleased to continue that legacy.”

Bruce Buchan, vice president, sales for Manitowoc Crane Group, Americas said the continued partnership between Essex and Manitowoc is good for both companies and will benefit Essex’s customers.

“Today is a stepping stone for Manitowoc and it will be an enhancement for Essex’s fleet, he said.

Manitowoc has exhibited the 14000 for the first time last week at bauma 2007 in Munich, Germany. Deliveries of the crane have begun into Europe and America.

About The Manitowoc Company
The Manitowoc Company, Inc. is 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. As a leading manufacturer of ice-cube machines, ice/beverage dispensers, and commercial refrigeration equipment, the company offers the broadest line of cold-focused equipment for the foodservice industry. In addition, the company is a leading provider of shipbuilding, ship repair, and conversion services for government, military, and commercial customers throughout the U.S. maritime industry.

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For More Information Contact:

Tom CioniBen Shaw
Manitowoc Crane GroupSE10 Creative
+1 920 683-6510+44 1892 549609
tom.cioni@manitowoc.comshaw@se10.com
©2008 The Manitowoc Company, Inc.