KONECRANES, INC.
SPRINGFIELD, OH

Konecranes, Inc., established in Florida with incorporation details filing under filed number F94000000433 on January 28, 1994, operates as a subsidiary of the global KONECRANES Group. The corporate headquarters of this registered entity is located at 4401 Gateway Blvd, Springfield, OH, 45502, United States. Konecranes stands out globally as a leading group in lifting solutions, serving diverse sectors including manufacturing industries, shipyards, ports, and terminals. It offers an extensive range of lifting equipment and services that enhance business operations' value and productivity. Its commitment spans various industries with over eight decades of expertise dedicated to delivering reliable and efficient lifting solutions. The company boasts a vast presence with about 17,000 employees distributed across approximately 600 locations in 50 countries. Konecranes is publicly traded on the Nasdaq Helsinki Stock Exchange under the symbol KCR as class A shares. Its organizational structure categorizes operations into three business areas: Service, Industrial Equipment, and Port Solutions. 1. **Service Area**: This division provides specialized maintenance services and spare parts for various types of industrial cranes, hoists, and port equipment globally through its network of 600 locations in 50 countries, aimed at enhancing safety and productivity at all operational scales. 2. **Industrial Equipment Business Area**: It offers a diverse portfolio including hoists, cranes, and material handling solutions tailored for industries like Waste-to-Energy, Paper and Forest sectors, Automotive, and Metals Production. The business area includes renowned brands such as Demag, SWF Krantechnik, Verlinde, R&M, Morris Crane Systems, and Donati. 3. **Port Solutions Business Area**: A wide array of container handling equipment, shipyard tools, mobile harbor cranes, and heavy-duty lift trucks are provided. These products fall under various Konecranes labels like Gottwald, Noell, alongside the main brand liftace unit. The company emphasizes not just operational safety but also a strong corporate culture that embraces diversity with staff representing multiple cultures and languages globally. It holds occupational health and safety in high regard to maintain its technical leadership and innovation, such as the industry-recognized CXT wire rope hoist launched in 2000. Konecranes' recent developments include its incorporation details updated on October 9, 1995, reflecting a name change amendment. The most recent annual report from February 9, 2024, denotes ongoing governance with key figures like Bernard J D'Ambrosi as President and Kim Sullivan as Vice President leading the charge. Further corporate communications can be accessed via their official website at konecranes.com.