Manitowoc Crane Group Introduces 11 New Cranes at Bauma Show in Munich

Mar 31, 2004, 00:00 ET from The Manitowoc Company, Inc.

    MANITOWOC, Wis., March 31 /PRNewswire-FirstCall/ -- The Manitowoc Company,
 Inc. (NYSE:   MTW) announced today that Manitowoc Crane Group (MCG) is
 introducing 11 new cranes at Bauma, the construction industry's largest trade
 show. This is the first time all three of Manitowoc's crane brands --
 Manitowoc, Potain, and Grove -- are being shown together at Bauma.
     Manitowoc Crane Group is introducing new all-terrain, rough-terrain,
 crawler, and tower cranes at this year's show. In all, the company has 18
 different cranes on display at Bauma, which is held every three years in
     Glen Tellock, president of Manitowoc Crane Group, said: "Displaying all of
 our brands at Bauma will give our customers a better understanding of the
 breadth of our product line.  We are introducing a number of innovative
 products, but we are particularly pleased with the launch of the Manitowoc
 Model 15000.  This new crane, which was designed in the Czech Republic and
 built in Germany for the European market, clearly demonstrates how our
 acquisitions of Potain and Grove are enabling us to expand our range of global
 lift solutions."
     The Model 15000, a 275-ton capacity crawler crane produced at MCG's
 Wilhelmshaven, Germany facility, is based on Manitowoc's
 best-selling Model 999 crawler crane and shares its easy transportability and
 fast assembly.  Besides the 15000, Manitowoc is also showcasing its Model 1015
 crawler crane, which offers a basic capacity of 132 tons and provides
 remarkable versatility, making it ideal for clamshell, dragline, pile driving,
 demolition, scrap handling, dredging, and other duty-cycle applications.
     Grove is introducing three new models at Bauma, including the GMK3055, a
 three-axle, 60-ton, long-boom, all-terrain crane.  Another new crane, the
 GMK3055-1 is similar to the 3055, but features a full-power boom and a 55-ton
 capacity. Grove's third new model is the 90-ton capacity RT890E, a rough-
 terrain crane that completes Grove's E-Series RT range.  Four other Grove all-
 terrain cranes are also part of the Manitowoc Crane Group exhibit.
     Potain is introducing five new tower cranes, each featuring faster
 erection times and increased efficiency. The MDT 128, with a capacity of 6.6
 tons, is a smaller version of the MDT 178, which was successfully launched
 last year.  The main masthead of the MDT 128, including cab and controls, is a
 single-piece assembly that can be installed in one section.  Another
 top-slewing tower crane, the MD 485B, is an improved version of Potain's
 popular MD 485.  It features a lighter jib of up to 262 feet in length that
 can be assembled in the air in one, two, or three sections.  Two models of the
 MD 485B are being introduced, a 22-ton and 27.5-ton version.
     Potain is also expanding its line of self-erecting tower cranes at Bauma
 with the introduction of its Igo 50, Igo MA 13, and GTMR 346B.  The new Igo 50
 is the flagship of this popular product line, offering a capacity of 4.4 tons.
 The Igo MA 13 is a highly mobile self-erecting unit that can be towed with
 full ballast at speeds of 50 miles per hour.  Its capacity is two tons.
 Finally, the GTMR 346B, with a maximum 6.6-ton lifting capacity, is an updated
 version of the GTMR 346.
     About The Manitowoc Company, Inc.
     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 in 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 maritime industry.

SOURCE The Manitowoc Company, Inc.