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Konecranes continued its focus on diversification, expanding its product portfolio to include a broader range of lifting equipment, material handling, and industrial services. This strategy allowed the company to tap into new markets and industries beyond its traditional stronghold in port and container handling equipment.
Cargotec was formed in June 2005 when Kone Corporation was split into two companies to be listed: Cargotec and new Kone. After the split, Kone Corporation's marine cargo handling (MacGregor), container handling (Kalmar Industries AB) and load handling (HIAB and Moffett, the latter being based in Ireland and acquired in 2000) business units formed Cargotec.
Location of Finland. Finland is a sovereign state in Northern Europe.It was a relative latecomer to industrialization, remaining a largely agrarian country until the 1950s. It rapidly developed an advanced economy while building an extensive Nordic-style welfare state, resulting in widespread prosperity and one of the highest per capita incomes in the world. [1]
Demag (In German Deutsche Maschinenbau-Aktiengesellschaft) was a German heavy equipment industrial group whose individual companies are now scattered. The Demag name can be today found for example as the Demag Cranes and Components and Sumitomo (SHI) Demag.
Kion Group AG (styled as KION Group) is a German multinational manufacturer of materials handling equipment, with its headquarters in Frankfurt, Hesse, Germany. [2] Its principal products are intralogistics, warehouse automation equipment, and industrial (forklift) trucks. [3]
In 1994, Harnischfeger Industries, Inc. bought Joy Mining Machinery for $1 billion in stock. [9] Joy was a supplier of underground mining equipment based in Franklin, Pennsylvania. In 1997, Harnischfeger sold the P&H overhead cranes and hoists business to Morris Material Handling. [10]
Wärtsilä Oyj Abp (Finnish: [ˈʋærtsilæ]), trading internationally as Wärtsilä Corporation, is a Finnish company which manufactures and services power sources and other equipment in the marine and energy markets.
Most recently, he served as the 2019 and 2020 chairman of the board of the Confederation of Finnish Industries (EK; Finnish: Elinkeinoelämän Keskusliitto; Swedish: Finlands Näringsliv), the largest employers' organization in Finland. During his tenure at EK, he prioritized partnering with the EU to find solutions to curb climate change and ...