News Release

August 31, 2007

Mike Wood new global product manager at Manitowoc

Mike's duties include overseeing strategy and financial performance for Manitowoc, as well as managing Manitowoc’s manufacturing alliances and analyzing market conditions.

High Resolution Photograph

Manitowoc Crane Group has announced the appointment of Mike Wood as global product manager for Manitowoc crawler cranes. The appointment is effective September 1. He takes over from Raman Joshi who has transferred to Singapore taking the position as director of marketing for the Asia-Pacific region.

In his new position, Wood reports to Bob Hund, vice president of worldwide marketing. His duties include overseeing strategy and financial performance for Manitowoc, as well as managing Manitowoc’s manufacturing alliances and analyzing market conditions. He will work closely with the brand’s sales, marketing, engineering and manufacturing locations around the globe to ensure both existing and new products meet local and global customer requirements.

Bob Hund said Wood was ideally qualified for the position. “Mike has solid experience with crawler cranes, having worked with them for more than 20 years in various roles within Manitowoc Crane Group,” he said. “He knows our products, our customers and our markets. The global product manager role is one that has assumed greater importance in recent years as our crawler crane brand has become truly global. Mike will now be charged with taking that advance to the next level.”

Prior to this position, Wood served as a customer service manager for Manitowoc Crane CARE. He has also served as general manager of Manitowoc’s former company-owned dealership in Chicago, Illinois; headed up Manitowoc’s remanufacturing division; and served as senior product support manager as Manitowoc’s liaison with key account Kiewit.

Wood will continue to be based at the Manitowoc manufacturing facility in Manitowoc, Wisconsin.

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.

# # #

For More Information Contact:

Tom CioniLeslie Shalabi
Manitowoc Crane GroupSE10 Creative
+1 920 683 6510+1 414 221 9407
tom.cioni@manitowoc.comshalabi@se10.com
©2008 The Manitowoc Company, Inc.