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Manitowoc and Shinwoo Development Co. celebrate their partnership at bauma 2019


Manitowoc held a customer recognition ceremony for Shinwoo Development Co. at bauma 2019 in Munich, Germany. Barry Pennypacker, president and CEO of Manitowoc Cranes, presented the South Korean company with a celebratory plaque for the occasion, and expressed gratitude to Shinwoo Development Co. president I.H. Kim for the company’s contribution to the success of Potain tower cranes in the region.

“Shinwoo Development Co. is one of our most valuable partners and we thank the company for its commitment to Potain tower cranes,” Pennypacker said. “Together here at bauma 2019, we toast to good health and good business in the future.”

The Manitowoc Company, Inc. is a leading global manufacturer of cranes and lifting solutions with manufacturing, distribution, and service facilities in 20 countries. In the United States, the Grove, Manitowoc, National Crane, Potain and Shuttlelift brands are sold and serviced by Grove US, LLC, a wholly owned subsidiary of The Manitowoc Company, Inc. In 2018, Manitowoc’s net sales totaled $1.8 billion, with over half generated outside the United States.

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