Investors Community Bank of Manitowoc has agreed to purchase the former Manitowoc Company headquarters at 2400 South 44th Street. CEO Tim Schneider says the purchase price is $5 million.
Audio PlayerSchneider says this transaction is reflective of the overall growth of the local bank.
Audio PlayerICB’s CEO adds they are currently working on a facilities transaction plan.
Audio PlayerThe Manitowoc Company’s move from its’ namesake city…continued today with the announcement that they will relocate their headquarters to northwest Milwaukee with the transition to be completed by the end of the 1st quarter. Manitowoc Company President & CEO Barry Pennypacker said in a statement “Manitowoc’s origin as a Wisconsin-based manufacturer dates to 1902. The state has an impressive roster of global manufacturing businesses with a top level talent pool and we are excited about the move of our corporate headquarters. He added “we believe this location will strategically create easier accessibility for our customers shareholders and employees.”
