Manitowoc Cranes and Shantui Investment intend to form a new joint venture. This will build mobile cranes in China for both domestic and export markets. The name of the joint venture will be Shantui Manitowoc Crane Company, and it will commence operations once all relevant approvals are received. Within China, the cranes produced by the joint venture will be sold through Shantui’s vast domestic dealer network, in addition to Manitowoc’s own dealer network for truck cranes. The joint venture and this distrib
