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: September 19, 2000
(Date of earliest event reported)
THE MANITOWOC COMPANY, INC.
(Exact name of registrant as specified in its charter)
Wisconsin 1-11978 39-0448110
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(State or other (Commission (IRS Employer
jurisdiction of File Number) Identification
incorporation) Number)
500 South 16th Street, Manitowoc, WI 54221-0066
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (414-684-4410)
Item 7. Financial Statements and Exhibits
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(c) Exhibits.
See Exhibit Index following the Signatures on this
Report, which is incorporated herein by reference.
Item 5. Other Events
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On September 19, 2000 the company issued a press release stating that its
net sales for the third quarter will be in the range of approximately $205
million to $215 million compared with the $213.9 million reported for the
same period last year. Diluted earnings per share for the quarter are
expected to be in the range of $.47 to $.52 compared with the year-ago
quarter of $.74.
An unusual combination of factors, affecting all three of the business
segments, will contribute to this quarter's unanticipated and
disappointing results. While the third quarter has typically been one of
the company's strongest, it was not able to overcome the impact of rising
interest rates that were felt across-the-board in the business segments,
as well as other industry trends and one-time costs. The company has,
however, already taken steps to address those issues within its immediate
control.
Based on the company's assumptions of economic conditions and current trends
in the marketplace, it anticipates that earnings for the full year will be
in the range of $2.35 to $2.45, with revenues exceeding $840 million.
The press release is incorporated herein by reference to Exhibit 20 of this
report. The reader is referred to this Exhibit for more information.
Item 7. Financial Statements and Exhibits
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(c) Exhibits.
See the Exhibit Index following the Signature page of this
Report, which is incorporated herein by reference.
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.
DATE: September 22, 2000 THE MANITOWOC COMPANY, INC.
(Registrant)
/s/ Glen E. Tellock
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Vice President & Chief Financial Officer
THE MANITOWOC COMPANY, INC.
EXHIBIT INDEX
TO
FORM 8-K CURRENT REPORT
Dated as of September 18, 2000
Exhibit Filed
No. Description Herewith
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20 Press Release dated X
Sept. 18, 2000, regarding
the company's third-quarter
expectations