Konecranes

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(KCR)
Konecranes is a Finnish company that specializes in the manufacturing and servicing of cranes and lifting equipment. The company was founded in 1994 from a merger between KONE Corporation and Valmet Corporation, and it is headquartered in Hyvinkää, Finland.
Konecranes operates in over 50 countries and has approximately 18,000 employees worldwide. The company offers a wide range of material handling equipment, including overhead cranes, workstation lifting systems, long travel and rotational drive systems, and container handling equipment.
Konecranes' customers come from various industries such as manufacturing, shipbuilding, automotive, mining, ports, and transportation. The company's products and services help customers to improve the efficiency and safety of their material handling operations.
Konecranes is also committed to sustainability and has set a goal to reduce its carbon footprint by 50% by 2030. The company is continuously developing eco-efficient products and solutions to support its customers' sustainability goals.
In addition to its core business of material handling equipment, Konecranes also offers various digital solutions, including remote monitoring, predictive maintenance, and data analytics, to help customers optimize their operations.
In October 2021, Konecranes announced a merger with the US-based lifting equipment company, Columbus McKinnon, to create a global leader in intelligent lifting solutions with a combined annual revenue of approximately 3.6 billion euros.
Overall, Konecranes is a trusted and innovative company in the material handling industry, with a strong commitment to customer satisfaction, sustainability, and technological advancements.

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See Company Q&A