MILWAUKEE--(BUSINESS WIRE)--The Manitowoc Company, Inc. (NYSE: MTW) (the “Company” or “Manitowoc”) today reported fourth-quarter net income of $7.0 million, or $0.19 per diluted share. Fourth-quarter adjusted net income(1) was $9.5 million or $0.26 per diluted share. Orders in the fourth quarter were $803.4 million, a 55.8% increase from the prior year, resulting in backlog of $793.5 million. Net sales in the fourth quarter were $677.1 million, an increase of 13.6% from the prior year. Non-new.