Manitowoc Outlines $44M Tariff Mitigation Plan, Targets CRANES+50 Growth Amid Global Trade Uncertainty.

The Manitowoc Company outlined a $44M tariff mitigation plan and targets growth in the CRANES+50 segment amid global trade uncertainty. CEO Aaron Ravenscroft acknowledged the team's resilience during ongoing trade disruptions and highlighted the company's ability to recover in a seasonally softer quarter. Despite trade challenges, the company is focusing on growth in its CRANES+50 segment and has a plan in place to mitigate the impact of tariffs.