Konecranes Oyj is a Finnish company, headquartered in Hyvinkää , which specializes in the manufacture and service of cranes and lifting equipment as well as the service of machine tools .
67-519: Konecranes is one of the largest crane manufacturers in the world and it produces about one in ten of the world's cranes, of which around 80% are for use in factories , the rest at ports . Konecranes operates in over 50 countries and has about 16,500 employees. Konecranes originated within the Finnish Kone Corporation . Its history traces back to 1933 when Kone embarked on the production of Electric Overhead Traveling Cranes. In 1988
134-582: A $ 2 billion stake (85%) in Trimble Agriculture to form a joint venture known as PTx Trimble. The deal passed American FTC approval and closed April 1, 2024. With the closing of this transaction, AGCO consolidated the other recent Trimble acquisitions of Müller-Elektronik and Bilberry, and former AGCO acquisition JCA under the PTx Trimble brand. Precision Planting, Headsight Harvesting Solutions and Intelligent Ag Solutions were merged under
201-412: A building or set of buildings where large amounts of goods are made using machines elsewhere: ... the utilization of machines presupposes social cooperation and the division of labour The first machine is stated by one source to have been traps used to assist with the capturing of animals, corresponding to the machine as a mechanism operating independently or with very little force by interaction from
268-481: A date for cooperation and factors of demand, by an increased community size and population to make something like factory level production a conceivable necessity. Archaeologist Bonnet, unearthed the foundations of numerous workshops in the city of Kerma proving that as early as 2000 BC Kerma was a large urban capital. The watermill was first made in the Persian Empire some time before 350 BC. In
335-789: A fair price would be paid for the company. Also in 1997, AGCO acquired Dronningborg Industries in Denmark , the manufacturer of European Massey Ferguson combines, and former manufacturer of Dronningborg combines. In 1998, AGCO made a joint venture with Deutz AG to produce engines in Argentina , and purchased the Spra-Coupe and Willmar companies. Spra-Coupe and Willmar are sprayer companies in North America . SpraCoupe originated in Bismarck, North Dakota . After being purchased by AGCO,
402-425: A human, with a capacity for use repeatedly with operation exactly the same on every occasion of functioning. The wheel was invented c. 3000 BC , the spoked wheel c. 2000 BC . The Iron Age began approximately 1200–1000 BC. However, other sources define machinery as a means of production. Archaeology provides a date for the earliest city as 5000 BC as Tell Brak (Ur et al. 2006), therefore
469-535: A more contemporary approach to handle design applicable to manufacturing facilities can be found in Socio-Technical Systems (STS) . In Britain, a shadow factory is one of a number of manufacturing sites built in dispersed locations in times of war to reduce the risk of disruption due to enemy air-raids and often with the dual purpose of increasing manufacturing capacity. Before World War II Britain had built many shadow factories . Production of
536-631: A precision livestock farming business. In December 2021, Precision Planting announced an agreement to acquire Creative Sites Media, a software and app development company. Also acquired in December 2021 by AGCO was Appareo Systems, a software engineering, hardware development and electronic manufacturing company. In May 2022, AGCO acquired JCA Industries, a Winnipeg, Manitoba based company specializing in autonomous software for agricultural machines, implement controls and electronic system components. In September 2023, AGCO announced it would purchase
603-641: A rate sufficient to meet the needs of 80,000 persons, in the Roman Empire. The large population increase in medieval Islamic cities, such as Baghdad 's 1.5 million population, led to the development of large-scale factory milling installations with higher productivity to feed and support the large growing population. A tenth-century grain-processing factory in the Egyptian town of Bilbays , for example, milled an estimated 300 tons of grain and flour per day. Both watermills and windmills were widely used in
670-593: A re-focusing of the various brands and subsidiaries, and the reduction of individual brands. AGCO announced plans to combine some, and make some only part of a larger brand, or co-branding. Examples include the Massey Ferguson 9635 Hesston self-propelled swather, and the AGCO 9365 Hesston self-propelled swather. Challenger has seen further expansion with the further consolidation of the AgChem brand into Challenger, and
737-399: Is an industrial facility, often a complex consisting of several buildings filled with machinery , where workers manufacture items or operate machines which process each item into another. They are a critical part of modern economic production , with the majority of the world's goods being created or processed within factories. Factories arose with the introduction of machinery during
SECTION 10
#1732793362102804-578: Is an American agricultural machinery manufacturer headquartered in Duluth, Georgia , United States. It was founded in 1990. AGCO designs, produces and sells tractors , combines , foragers , hay tools, self-propelled sprayers , smart farming technologies, seeding equipment, and tillage equipment. AGCO was established on June 20, 1990, when Robert J. Ratliff, John M. Shumejda, Edward R. Swingle, and James M. Seaver, who were executives at Deutz-Allis , bought out Deutz-Allis North American operations from
871-853: Is common to call a factory building a " Shed ". Factories may either make discrete products or some type of continuously produced material, such as chemicals , pulp and paper , or refined oil products . Factories manufacturing chemicals are often called plants and may have most of their equipment – tanks , pressure vessels , chemical reactors , pumps and piping – outdoors and operated from control rooms . Oil refineries have most of their equipment outdoors. Discrete products may be final goods , or parts and sub-assemblies which are made into final products elsewhere. Factories may be supplied parts from elsewhere or make them from raw materials . Continuous production industries typically use heat or electricity to transform streams of raw materials into finished products. The term mill originally referred to
938-563: Is delivering maintenance, refurbishment, and repair services. The Port Services business area is dedicated to catering to the demands of port and terminal operations worldwide. Using advanced container handling technologies, this segment delivers container cranes , straddle carriers , and other specialized equipment for cargo movement and storage in ports. Some of the fully owned subsidiaries by Konecranes: The top 10 major shareholders as of 22 of August, 2023. Factory A factory , manufacturing plant or production plant
1005-703: The Industrial Revolution , when the capital and space requirements became too great for cottage industry or workshops. Early factories that contained small amounts of machinery, such as one or two spinning mules , and fewer than a dozen workers have been called "glorified workshops". Most modern factories have large warehouses or warehouse-like facilities that contain heavy equipment used for assembly line production. Large factories tend to be located with access to multiple modes of transportation, some having rail , highway and water loading and unloading facilities. In some countries like Australia, it
1072-548: The North American distribution rights to global agricultural equipment manufacturer Massey Ferguson in 1993 and purchased the company from Varity the following year. The acquisition of England-based Massey Ferguson gave AGCO access to markets in Europe and around the world. At the time, Massey Ferguson had 20 percent of the global market share for tractors. AGCO also purchased McConnell Tractors in 1994, manufacturer of
1139-496: The Supermarine Spitfire at its parent company's base at Woolston, Southampton was vulnerable to enemy attack as a high-profile target and was well within range of Luftwaffe bombers. Indeed, on 26 September 1940 this facility was completely destroyed by an enemy bombing raid. Supermarine had already established a plant at Castle Bromwich ; this action prompted them to further disperse Spitfire production around
1206-444: The factory system ) developed in the cotton and wool textiles industry. Later generations of factories included mechanized shoe production and manufacturing of machinery, including machine tools. After this came factories that supplied the railroad industry included rolling mills, foundries and locomotive works, along with agricultural-equipment factories that produced cast-steel plows and reapers. Bicycles were mass-produced beginning in
1273-484: The milling of grain , which usually used natural resources such as water or wind power until those were displaced by steam power in the 19th century. Because many processes like spinning and weaving, iron rolling , and paper manufacturing were originally powered by water, the term survives as in steel mill , paper mill , etc. Max Weber considered production during ancient and medieval times as never warranting classification as factories, with methods of production and
1340-451: The 1880s. The Nasmyth, Gaskell and Company's Bridgewater Foundry , which began operation in 1836, was one of the earliest factories to use modern materials handling such as cranes and rail tracks through the buildings for handling heavy items. Large scale electrification of factories began around 1900 after the development of the AC motor which was able to run at constant speed depending on
1407-647: The Algerian brand Etrag with 49% ownership. In 2013, GSI acquired Johnson System, based in Marshall, Michigan , a manufacturer of catwalks and towers. In 2013, AGCO started Fuse Technologies, a smart farming technology division. In 2017, AGCO acquired Precision Planting, based in Tremont, Illinois , a planting equipment and technology business. In 2017, AGCO acquired the forage machinery line from Lely, including balers, loading wagons, mowers, tedders, rakes, and
SECTION 20
#17327933621021474-622: The Brazilian company which had rights to the Massey Ferguson brand and manufacturing in the region, as well as the Maxion brand of industrial equipment. In the same year AGCO purchased Deutz Argentina, the number one leader of tractors in Argentina. Also in 1996, AGCO purchased Western Combine Corporation and Portage Manufacturing in Canada. Western Combine had previously purchased the assets of
1541-525: The CEO of Hackman , succeeded Gustavson as CEO of KCI Konecranes. In 2006 KCI Konecranes released a new global brand strategy. In it they dropped the KCI from the company name and adopted the slogan " Lifting Businesses ". 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
1608-685: The Challenger name and the tracked tractors from the Caterpillar Corporation, giving the firm a well-known brand name and high-power tracked tractors. The firm further developed the Challenger line into: wheeled tractors, using tractors manufactured by Iseki , Agritalia , the Massey Ferguson factory and the Brazilian Valtra factory; combines, rebranding some Massey Ferguson/Gleaner -built combines; and hay equipment, using Hesston-built hay equipment. AGCO also purchased
1675-434: The Challenger, Valtra, and Massey Ferguson large row crop tractors were launched in Europe and North America respectively with AGCO's e3 Selective Catalytic Reduction (SCR) emission reduction technology. Late in 2009, the firm announced that it would phase out orange AGCO tractors by 2011. In late 2010, the firm announced the plan to acquire the remaining 50% of Laverda, which included Fella-Werke as well. The acquisition
1742-450: The Egyptian pharaoh, with slave employment and no differentiation of skills within the slave group comparable to modern definitions as division of labour . According to translations of Demosthenes and Herodotus, Naucratis was a, or the only, factory in the entirety of ancient Egypt . A source of 1983 (Hopkins), states the largest factory production in ancient times was of 120 slaves within fourth century BC Athens. An article within
1809-549: The Islamic world at the time. The Venice Arsenal also provides one of the first examples of a factory in the modern sense of the word. Founded in 1104 in Venice , Republic of Venice , several hundred years before the Industrial Revolution , it mass-produced ships on assembly lines using manufactured parts . The Venice Arsenal apparently produced nearly one ship every day and, at its height, employed 16,000 people. One of
1876-692: The Massey Combine Corporation's combine operation, which had been spun off by Massey Ferguson. In 1997 the company purchased Fendt which is based in Germany , the German tractor company. Fendt is well known for its advanced technology and superior manufacturing quality. The acquisition of Fendt was contingent on three conditions; 1) The Fendt name would be retained, 2) The factory in Marktoberdorf would continue to operate, and 3)
1943-472: The New York Times article dated 13 October 2011 states: "In African Cave, Signs of an Ancient Paint Factory" – (John Noble Wilford) ... discovered at Blombos Cave , a cave on the south coast of South Africa where 100,000-year-old tools and ingredients were found with which early modern humans mixed an ochre -based paint . Although The Cambridge Online Dictionary definition of factory states:
2010-1122: The Sunflower Manufacturing Company in Beloit, Kansas which manufactures tillage, seeding, and specialty harvesting equipment. In 2004 AGCO purchased the Valtra tractor company from the Kone Group, in Finland . Valtra had licensing agreements with the Eicher company in India for tractor production, and also with the HEMA group in Turkey . The purchase of Valtra also included SISU Diesel engines. Since 2012 this Finland based diesel engine manufacturer with production for example in Brazil has operated with name AGCO Power . 2006 saw
2077-399: The area. The factory system was a new way of organizing workforce made necessary by the development of machines which were too large to house in a worker's cottage. Working hours were as long as they had been for the farmer, that is, from dawn to dusk, six days per week. Overall, this practice essentially reduced skilled and unskilled workers to replaceable commodities. Arkwright's factory was
Konecranes - Misplaced Pages Continue
2144-591: The company acquired German MAN SWF Krantechnik, and operations in China began in 2002 with a factory in Shanghai. The product range expanded in 2004 to include lift trucks and reach stackers with the acquisition of the Swedish SMV Liftrucks. Further acquisitions followed in 2005, including R.STAHL AG's material handling division and MMH Holdings, Inc. A merger plan between Partek and KCI Konecranes
2211-489: The company to tap into new markets and industries beyond its traditional stronghold in port and container handling equipment. By 2008, the acquisition of key competitors and strategic partnerships enabled the company to establish a more robust presence in North America, Asia, and other emerging markets. This period saw Konecranes setting up new manufacturing facilities and service centers across various continents. In
2278-688: The company. Hansotia has been working for AGCO since 2013 and became its chief operating officer in October 2018. In 2021, the company navigated supply chain disruptions driven by the COVID-19 pandemic . AGCO acquired North Dakota-based technology company Appareo Systems in January 2022. In August 2021, Precision Planting acquired Headsight, a Bremen, Indiana company specializing in precision agriculture harvesting solutions. In September 2021, AGCO acquired Faromatics (Farm Robotics and Automation),
2345-408: The contemporary economic situation incomparable to modern or even pre-modern developments of industry. In ancient times, the earliest production limited to the household, developed into a separate endeavor independent to the place of inhabitation with production at that time only beginning to be characteristic of industry, termed as "unfree shop industry", a situation caused especially under the reign of
2412-707: The country with many premises being requisitioned by the British Government. Connected to the Spitfire was production of its equally important Rolls-Royce Merlin engine, Rolls-Royce 's main aero engine facility was located at Derby , the need for increased output was met by building new factories in Crewe and Glasgow and using a purpose-built factory of Ford of Britain in Trafford Park Manchester . AGCO AGCO Corporation
2479-488: The crane business was combined into the KONE Cranes Division. KONE Cranes Division remained an integral component of Kone until the year 1994. In February of that year, Kone made a strategic decision to refocus its efforts on the elevator business, leading to the divestiture of the crane division into an independent entity. This newly established company was named KCI Konecranes, with ownership transferred to
2546-534: The earliest factories was John Lombe 's water-powered silk mill at Derby , operational by 1721. By 1746, an integrated brass mill was working at Warmley near Bristol . Raw material went in at one end, was smelted into brass and was turned into pans, pins, wire, and other goods. Housing was provided for workers on site. Josiah Wedgwood in Staffordshire and Matthew Boulton at his Soho Manufactory were other prominent early industrialists, who employed
2613-604: The early 2010s, Konecranes invested heavily in research and development to introduce technologies such as automation, remote monitoring, and predictive maintenance, into its product offerings. in 2015 Pekka Lundmark announced his resignation as the CEO. He is succeeded by Panu Routila who comes from Ahlström Capital. In the summer of 2015 Konecranes announced a merger plan with the US based Terex Corporation . The new Konecranes Terex plc would have been based in Finland and would have been
2680-627: The equity company Industri Kapital . The first CEO was Dr. Stig Gustavson. During Gustavson's time as CEO of KCI Konecranes, the company saw success with profitable operations and increased order backlog. The company was listed on the Helsinki Stock Exchange in 1996. The Asian economic crisis in the late 1990s temporarily affected sales, but in the 2000s, KCI Konecranes continued to grow by establishing new factories and making acquisitions to expand into new markets, becoming one of Finland's most international companies. In 1997,
2747-566: The factory concept in the early 20th century, with the innovation of the mass production . Highly specialized laborers situated alongside a series of rolling ramps would build up a product such as (in Ford's case) an automobile . This concept dramatically decreased production costs for virtually all manufactured goods and brought about the age of consumerism . In the mid - to late 20th century, industrialized countries introduced next-generation factories with two improvements: Some speculation as to
Konecranes - Misplaced Pages Continue
2814-467: The factory system. The factory system began widespread use somewhat later when cotton spinning was mechanized. Richard Arkwright is the person credited with inventing the prototype of the modern factory. After he patented his water frame in 1769, he established Cromford Mill , in Derbyshire , England, significantly expanding the village of Cromford to accommodate the migrant workers new to
2881-427: The first successful cotton spinning factory in the world; it showed unequivocally the way ahead for industry and was widely copied. Between 1770 and 1850 mechanized factories supplanted traditional artisan shops as the predominant form of manufacturing institution, because the larger-scale factories enjoyed a significant technological and supervision advantage over the small artisan shops. The earliest factories (using
2948-458: The focus of labour, in general, shifted to central-city office towers or to semi-rural campus-style establishments, and many factories stood deserted in local rust belts . The next blow to the traditional factories came from globalization . Manufacturing processes (or their logical successors, assembly plants) in the late 20th century re-focussed in many instances on Special Economic Zones in developing countries or on maquiladoras just across
3015-429: The form of a kind of "laboratory factories", with management models that allow "producing with quality while experimenting to do it better tomorrow". Before the advent of mass transportation , factories' needs for ever-greater concentrations of labourers meant that they typically grew up in an urban setting or fostered their own urbanization . Industrial slums developed, and reinforced their own development through
3082-458: The future of the factory includes scenarios with rapid prototyping , nanotechnology , and orbital zero- gravity facilities. There is some scepticism about the development of the factories of the future if the robotic industry is not matched by a higher technological level of the people who operate it. According to some authors, the four basic pillars of the factories of the future are strategy, technology, people and habitability, which would take
3149-637: The grain auger, invented in 1947 by Lyle Yost . Hesston had a 50 percent joint venture with Case International , now a part of CNH Global . AGCO purchased the White Tractor line from the Allied Corporation's White-New Idea company. In 1993, AGCO purchased the remainder of White-New Idea , a manufacturer of New Idea hay equipment, manure spreaders, and White planters with a large manufacturing plant in Coldwater, Ohio . AGCO purchased
3216-641: The industry leader. The merger was estimated to be completed by the end of the first half of 2016. in May of 2016 the merger was called off due to an competing offer to Terex by the China based Zoomlion . Instead of the merger Terex agreed to sell the Material Handling and Port Solutions division to Konecranes for 1.3 billion euros. In August of the same year the European Commission approved
3283-510: The interactions between factories, as when one factory's output or waste-product became the raw materials of another factory (preferably nearby). Canals and railways grew as factories spread, each clustering around sources of cheap energy, available materials and/or mass markets. The exception proved the rule: even greenfield factory sites such as Bournville , founded in a rural setting, developed their own housing and profited from convenient communications systems. Regulation curbed some of
3350-519: The introduction of Agritalia built tractors and an articulated Challenger tractor. In August 2006, AGCO saw its first change in the position of chairman since its founding with the selection of Martin Richenhagen to succeed Robert Ratliff. In 2007, AGCO bought 50% of Laverda S.p.A. from ARGO SpA , which included the Gallagnani and Fella-Werke hay equipment brands. In 2008/2009 AGCO,
3417-624: The large articulated Massey Ferguson tractors. AGCO developed the Agcostar line of articulated tractors. Later in 1994, the Black Machine line of planters was purchased. In 1995 AgEquipment Group was bought; it manufactured tillage equipment and loaders under the Glenco, Tye and Farmhand brands. In 1996, acquisitions went international with the purchase of Iochpe-Maxion in Brazil . It was
SECTION 50
#17327933621023484-581: The manufacturing of SpraCoupes was moved to Willmar, Minnesota where the Willmar branded fertilizer tenders and "Wrangler" articulated loaders were being manufactured. SpraCoupe and Willmar products were manufactured in Willmar from 1998 to 2001. In the year 2000, AGCO bought out its partner CNH Global N.V. in the Hay and Forage Industries joint venture. In 2001, AGCO purchased Ag-Chem Equipment , expanding its application equipment business. Ag-Chem Equipment
3551-757: The merger has been cancelled. In October 2022, Anders Svensson started as the new CEO of Konecranes. He joined Konecranes from Sandvik . In April 2024, it was announced Konecranes had acquired the German crane and service supplier, Kocks Kranbau for an undisclosed amount. Konecranes operates through three business areas . The Industrial Equipment business area specializes in the design, production, and distribution of industrial cranes and material handling equipment. This includes overhead cranes , workstation lifting systems, hoists , and customized load handling attachments. Serving diverse sectors such as manufacturing, automotive, steel, and paper. The Service business area
3618-664: The name was changed to Allis-Gleaner Corporation, or AGCO. The Deutz-Allis line of tractors was renamed AGCO-Allis, and Gleaner became a brand of its own for combines. The Deutz-Allis brand continued in South America until 2001, when it was renamed AGCO-Allis. In 2001, AGCO Allis was renamed AGCO in North America . In March 1991, AGCO purchased the Hesston Corporation which is in Hesston, Kansas gaining hay and forage equipment as well as technologies such as
3685-465: The national boundaries of industrialized states. Further re-location to the least industrialized nations appears possible as the benefits of out-sourcing and the lessons of flexible location apply in the future. Much of management theory developed in response to the need to control factory processes. Assumptions on the hierarchies of unskilled, semi-skilled and skilled laborers and their supervisors and managers still linger on; however an example of
3752-429: The number of poles and the current electrical frequency. At first larger motors were added to line shafts , but as soon as small horsepower motors became widely available, factories switched to unit drive. Eliminating line shafts freed factories of layout constraints and allowed factory layout to be more efficient. Electrification enabled sequential automation using relay logic . Henry Ford further revolutionized
3819-522: The parent corporation Klöckner-Humboldt-Deutz AG (KHD), a German company which owned the Deutz-Fahr brand of agriculture equipment. KHD had purchased portions of the Allis-Chalmers agricultural equipment business five years earlier. After the organization of the company, Robert Ratliff was selected to be the company's first chairman. The company was called Gleaner-Allis Corporation, then
3886-596: The rights to the entire portfolio of the defunct Mengele Agrartechnik. This included factories in Wolfenbuettel (D) and Waldstetten (D). The factory in Maassluis (NL) will be closed in 2018. In September 2020, AGCO acquired 151 Research Inc., a Winnipeg , Manitoba based company that specializes in grain storage research and development. In 2021, AGCO named Eric Hansotia its third chairman, succeeding Richenhagen, who retired after approximately 15 years as head of
3953-513: The sale but with the condition that Konecranes would have to divest their STAHL Cranesystems business. In December Konecranes announced that it had sold Stahl to US based Columbus McKinnon. In January of 2017 the acquisition of the Terex MHPS -division was completed. Also the MHPS got back its old name as the division was renamed to as Demag Cranes & Components . In February 2020 Rob Smith
4020-466: The third century BC, Philo of Byzantium describes a water-driven wheel in his technical treatises. Factories producing garum were common in the Roman Empire . The Barbegal aqueduct and mills are an industrial complex from the second century AD found in southern France. By the time of the fourth century AD, there was a water-milling installation with a capacity to grind 28 tons of grain per day,
4087-523: The worst excesses of industrialization 's factory-based society, labourers of Factory Acts leading the way in Britain. Trams , automobiles and town planning encouraged the separate development of industrial suburbs and residential suburbs, with labourers commuting between them. Though factories dominated the Industrial Era, the growth in the service sector eventually began to dethrone them:
SECTION 60
#17327933621024154-707: Was also announced that the CEO of Cargotec, Mika Vehviläinen, would be the CEO of the new company. Also in August 2021 the Chinese State Administration for Market Regulation approved the merger. In February 2022, the European Commission approved the merger. In 29th of March, 2022 the UK Competitions and Markets authority informed that they are blocking the merger. On the same day Konecranes and Cargotec informed that
4221-414: Was announced in 2002. However, the merger fell apart on the same day as Kone unexpectedly announced the purchase of the state's 30.2% ownership in Partek, effectively preventing the union. Gustavson acknowledged Partek's move to Kone and revealed the company's withdrawal from the merger plan. In the summer of 2005 Gustavson retired as CEO but he remained as the chairman of the board. Pekka Lundmark , then
4288-403: Was based in Jackson, Minnesota and developed the TerraGator flotation-type and RoGator rowcrop-type applicators. Also in 2001 the SpraCoupe and Willmar brands moved their manufacturing from Willmar, Minnesota to the Jackson facility and the Agco-Allis and White tractor lines were merged in North America under the AGCO brand, continuing in the orange color. In 2002 AGCO purchased rights to
4355-416: Was completed in 2013. In October 2011, AGCO purchased GSI, based in Assumption, Illinois , a manufacturer of grain storage and handling equipment. In 2012. AGCO acquired 60% of Santal Equipamentos, a sugar cane planting and harvesting equipment. It also purchased 80% of Shandong Dafeng Machinery Co, a combine harvester manufacturer in China. AGCO formed the Algerian Tractors Company joint venture with
4422-501: Was finalized in March 2011. In 2011, the firm plans to transfer its assembly of high-horsepower wheeled tractors sold in North America from Beauvais, France to Jackson, Minnesota , where it will expand the plant by 75,000 square feet (7,000 m ). The expansion was completed in 2012. In 2011, the firm said that it will invest $ 40 million in its Hesston, Kansas plant with a new 200,000-square-foot (19,000 m ) painting and finishing building. Construction began June 2011 and
4489-402: Was named as the new CEO who joined Konecranes from AGCO . In October 2020 Konecranes informed about a plan to merge with another Finnish company called Cargotec (also a former division of Kone ). In August 2021 Rob Smith informed that he will leave Konecranes by the end of the year. After Smith and until the merger is complete, the interim CEO of Konecranes was the CFO, Mr. Teo Ottola. It
#101898