Manitowoc's business is largely dependent on crane sales and services (over 80% of 2007 sales). This large portion makes MTW vulnerable to cyclical movements in construction demand.
Manitowoc's business is largely dependent on crane sales and services (over 80% of 2007 sales). This large portion makes MTW vulnerable to cyclical movements in construction demand.
Rising Oil Prices and a slowing economy could weaken demand for dining and lodging services. As a result, these firms will cut back on buying equipment that Manitowoc sells.