March 06, 2015 4:52 AM ET


Company Overview of Konecranes Inc.

Company Overview

Konecranes Inc. manufactures lifting equipment. It offers industrial cranes, port cranes, process cranes, lift trucks and reach stackers, overhead and bridge cranes, wire rope and chain hoists, port and harbor cranes, hot metal and process duty cranes, and crane parts. The company also offers explosion proof cranes ranging from low capacity jib cranes to severe duty process cranes. In addition, it offers crane inspections, repair and maintenance, modernizations, diagnostic, and machine tool services; and consulting, crane operator and safety training services. The company serves automotive, galvanizing, general manufacturing, harbors and shipyards, intermodal and rail, mining, nuclear, offsh...

4401 Gateway Boulevard

Springfield, OH 45502

United States

Founded in 1994





Key Executives for Konecranes Inc.

Chief Executive Officer, President and Chairman of the Group Executive Board
Age: 51
Chief Financial Officer and Member of the Group Executive Board
Age: 46
Head of Business Area Equipment, Executive Vice President and Member of the Group Executive Board
Age: 57
Chief Procurement Officer and Member of the Group Executive Board
Age: 53
Head of Business Area Service, Executive Vice President and Member of the Group Executive Board
Age: 57
Compensation as of Fiscal Year 2014.

Konecranes Inc. Key Developments

Konecranes Expands to New Facility in Pleasant Prairie

The Electric Components Manufacturing Center for Konecranes has expanded from 23,000 square feet split between two buildings to 47,000 square feet under one roof. The new facility will house two 15-ton overhead cranes and 7,500 square feet of office space. It is located just 12 miles North of the previous facility, which was located in Gurnee, Ill. Konecranes considered multiple locations before choosing southeastern Wis. Milwaukee's assets -- workforce, location, educational system, and infrastructure -- directly support manufacturing.

Konecranes Introduces its Next-Generation CLX Electric Chain Hoist for Increased Productivity

Konecranes announced the new CLX electric chain hoist from the company has been designed and tested to speed up work cycles, enhance safety and extend service life. The new Konecranes CLX Electric Chain Hoist is targeted for manufacturing applications where high-speed load transfers and precise assembly work are required. Currently in capacities of 60 to 2,000 kg (130 to 4,400 lbs) CLX can be paired with workstation cranes, overhead cranes and jib cranes or deployed in an endless variety of fixed configurations. Larger capacities up to 5,000 kg (11,000 lbs) will be available soon. Hailed as the next-generation light lifting device in Konecranes' current line of proven technologies. A number of improvements have been incorporated into CLX over Konecranes' previous models and over competing brands. The new aluminum frame is accompanied by a maintenance-free transmission and patented five-tooth chain sprocket with intermediate teeth. The latest oil lubrication-based transmission lowers operating temperature, enabling increased power. An available speed ratio of 6:1 enables movements that are fast -- 25% faster than its predecessor -- and precise, with corresponding improvement in work cycles. Safety and maintenance features of CLX from Konecranes have also been improved to promote safe operations and a longer service life. All electronics have been placed on compact circuit boards, decreasing internal wiring and limiting the number of parts required for maintenance. Additional safety functions have been integrated into the hoist's construction. For example, the standard overload device has been constructed so the brake holds the load without any interaction with the slipping clutch, a design intended to prevent micro-slip and load drops in the unlikely event of a broken clutch. The new-generation CLX chain hoist from Konecranes boasts a modern, ergonomic look, having been created with the same design philosophy for which Konecranes has received industrial design awards in other product categories. Additionally, CLX is designed to be energy efficient and eco-friendly, meeting the requirements of the European Union RoHS Directive.

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