The manitowoc company reaches agreement to settle u.s. epa matter regarding its emissions certification and compliance process

Milwaukee--(business wire)--the manitowoc company, inc. (nyse: mtw) (the “company” or “manitowoc”) today reported that it agreed to the terms of a consent decree with the u.s. environmental protection agency (epa) and the u.s. department of justice (doj) regarding alleged violations of the transition program for equipment manufacturers (tpem), a program under the u.s. clean air act. per the terms of the agreement, manitowoc will pay a civil penalty of $42.6 million and complete an emissions mit.
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