KONECRANES, INC.
SPRINGFIELD, OH

Konecranes, Inc., a subsidiary of the esteemed KONECRANES Group, began its journey in Florida and has since established itself as a world-renowned leader in lifting solutions. The company's roots can be traced back to its incorporation on January 28, 1994, with headquarters located at 4401 Gateway Blvd, Springfield, OH. It serves an array of industries including manufacturing sectors, shipyards, ports, and terminals by offering top-tier lifting equipment and services designed to enhance productivity and operational value. With over eight decades of expertise under its belt, Konecranes has built a reputation for reliable and efficient solutions in the field of industrial lifting. The company operates with approximately 17,000 employees and maintains a presence across 600 locations in 50 countries globally. It is publicly traded on the Nasdaq Helsinki Stock Exchange under the ticker symbol KCR as class A shares. Konecranes organizes its operations into three main business areas: 1. **Service Area**: This division focuses on providing maintenance services and spare parts for industrial cranes, hoists, and port equipment worldwide. The extensive network of 600 locations ensures enhanced safety and productivity across various operational scales. 2. **Industrial Equipment Business Area**: Here, Konecranes offers a wide array of products such as hoists, cranes, and material handling solutions tailored for specific industries like Waste-to-Energy, Paper and Forest, Automotive, and Metals Production. This segment includes renowned brands like Demag, SWF Krantechnik, Verlinde, R&M, Morris Crane Systems, and Donati. 3. **Port Solutions Business Area**: Konecranes provides a diverse range of container handling equipment, shipyard gear, mobile harbor cranes, and heavy-duty lift trucks under labels such as Gottwald, Noell, and its main brand of liftace units. Konecranes is committed to operational safety and fostering a corporate culture rich in diversity, with employees representing numerous cultures and languages globally. They emphasize occupational health and safety to sustain their technical leadership and innovation-epitomized by the CXT wire rope hoist, recognized industry-wide since 2000. Recent updates include an amended incorporation detail as of October 9, 1995, reflecting a name change adjustment. The latest annual report from February 2024 indicates strong governance with Bernard J D'Ambrosi serving as President and Kim Sullivan as Vice President. To stay connected, Konecranes invites interested parties to visit their website at konecranes.com for further information.