MANITOWOC, Wis.--(BUSINESS WIRE)--The Manitowoc Company, Inc. (NYSE: MTW) (“Manitowoc” or the “Company”) today announced the initial filing of a Form 10 Registration Statement with the U.S. Securities and Exchange Commission (“SEC”) in connection with the Company's previously announced plan to separate its Cranes and Foodservice businesses. Manitowoc anticipates effecting the separation through a tax-free spin-off of the Foodservice business, which the Company expects to be completed in the fir