UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
 Washington, D.C.  20549

 
FORM 8-K
Current Report

Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
 
Date of Report:   November 21, 2003
 (Date of earliest event reported)

The Manitowoc Company, Inc.	
(Exact name of registrant as specified in its charter)	
 	 	 	 	 	
Wisconsin	 	1-11978	 	39-0448110	
(State or other jurisdiction
of incorporation)	 	(Commission File Number)	 	(I.R.S. Employer
Identification Number)	
 	 	 	 	 	
2400 S. 44 th Street, Manitowoc, Wisconsin 54221-0066	
(Address of principal executive offices including zip code)	
 	 	 	 	 	
(920) 684-4410	
(Registrant’s telephone number, including area code)	

 
Item 5.  Other Events

•	 	On November 21, 2003, The Manitowoc Company, Inc. issued a press release announcing the end of the walk off by the International Association of Machinists (IAM) Local 516 at Manitowoc Cranes and the ratification of a new five-year labor agreement.  The press release is attached as Exhibit 99.1 to this report.	
 
2

 
SIGNATURES
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

 

 	THE MANITOWOC COMPANY, INC.	
 	(Registrant)	

DATE:  November 21, 2003	/s/ Timothy M. Wood	 	
 	Timothy M. Wood	
 	Vice President & Chief Financial Officer	
 
3

 
THE MANITOWOC COMPANY, INC.
 
EXHIBIT INDEX
 
TO
 
FORM 8-K CURRENT REPORT
 
Dated as of November 21, 2003

 

Exhibit
No.	 	Description	 	Filed
Herewith	
 	 	 	 	 	
99.1	 	Press Release dated November 21, 2003, regarding International Association of Machinists Local 516 ratifying a new five-year contract.	 	X	
 
4

Exhibit 99.1
NEWS for Immediate Release

IAM LOCAL 516 RATIFIES NEW CONTRACT WITH MANITOWOC CRANES

Workers accept a five-year labor agreement;
will return to work Monday at 12:01 a.m.

MANITOWOC, WI – November 21, 2003 – The Manitowoc Company, Inc., (NYSE: MTW) announced today that the International Association of Machinists (IAM) Local 516 has ratified a new five-year contract with Manitowoc Cranes.  Under the terms of the agreement, workers will receive cash bonuses in the first year of the contract and wage rate increases in the second through fifth years.
 
The approximately 120 IAM Local 516 members, based in Manitowoc, Wisconsin, walked off the job at midnight on November 18.  The previous contract for the Local expired on October 31, 2003.  The union bargaining committee and the company returned to the negotiating table yesterday and reached a tentative agreement, which was ratified by the Local 516 membership earlier today.
 
Glen Tellock, president of Manitowoc Crane Group, said: “We are very pleased that we could reach a new agreement quickly and that our Manitowoc facility can now return to its normal operations.”
 
Manitowoc Cranes continued to operate during the walk-off using unionized, hourly, and management employees.
 
About The Manitowoc Company
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.

For further information:
Thomas G. Musial
Senior Vice President
Human Resources & Administration
920-652-1738