Manitowoc Company Inc (NYSE:MTW):
Stock’s Trading Stats:
Manitowoc Company Inc (NYSE:MTW) surged 2.29% yesterday and closed at $4.46. The company’s market capitalization is at $625.11 Million with an average trading volume of 3.76 Million. The total number of Outstanding Shares Held by the company are 137.02 Million.
Recent Press Release:
Manitowoc Company Inc (MTW) designs, manufactures, and sells cranes and related products, and foodservice equipment worldwide. Its Cranes and Related Products segment offers lattice-boom cranes, including crawler and truck mounted lattice-boom cranes, and crawler crane attachments; tower cranes comprising top slewing, luffing jib, topless, and self-erecting tower cranes; mobile telescopic cranes, including rough terrain, all-terrain, truck mounted, and industrial cranes; and boom trucks, such as telescopic boom trucks under Manitowoc, Grove, Potain, National Crane, and Shuttlelift brands. This segment also provides crane product parts and services; and crane rebuilding, remanufacturing, and training services under the Manitowoc Crane Care brand name. This segment’s products are used in various applications, including energy and utilities; petrochemical and industrial projects; infrastructure development, such as road, bridge, and airport construction; and commercial and high-rise residential construction industries.
Donaldson Company, Inc. (NYSE:DCI):
Stock’s Trading Stats:
Donaldson Company, Inc. (NYSE:DCI) closed at $31.36 yesterday by showing an increase of 1.72%. The total number of outstanding shares held by the company are 132.94 Million with the total market capitalization of $4.24 billion. The number of shares traded on the last trading session are 806,300.00.
Recent Press Release:
Donaldson Company, Inc. (DCI) on March 30 announced the promotion of Jeffrey E. Spethmann to senior vice president, Industrial Products, effective April 4, 2016. In this role, Spethmann will be responsible for leading the global strategy and execution within Donaldson’s Industrial segment, which includes Industrial Filtration Solutions, Gas Turbine Systems and Special Applications. He will report to Tod Carpenter, president and chief executive officer.
Spethmann, 51, is currently the vice president of Donaldson’s global Industrial Air Filtration business. Before taking that role in 2014, he was vice president for the Company’s exhaust and emissions business after re-joining Donaldson in 2013. Beyond his recent experience at Donaldson, Spethmann had worked at the Company for 11 years in a variety of engineering and leadership positions, and he also held a leadership position for two other manufacturing companies. He holds a bachelor’s degree in mechanical engineering from the University of Minnesota Institute of Technology and a master’s degree in business administration from the University of Minnesota Carlson School of Management.