Glen Tellock, Chairman & CEO of Manitowoc Company

Our commitment to EVA® has consistently yielded strong cash flow and earnings. We built the scale to grow with our global customers, with greater access to global end markets, market-leading product lines on both sides of our business, and support services that deliver real value. Over this period, both sales and operating earnings have grown twentyfold. Strengthened by our strong EVA®-based culture, we have also stepped up our ongoing efforts to control costs, improve operating efficiency, and optimize our returns on invested capital. These measures are helping us manage through weaker demand for our cranes worldwide until economic conditions improve.