Konecranes is a Finnish company that specializes in the manufacture and service of lifting equipment for a wide range of industries. The company has a rich history, with roots dating back to the late 19th century. It was officially established as Konecranes in 1994 through the merger of KONE Corporation and Valmet Corporation.

Headquartered in Hyvinkää, Finland, Konecranes operates globally with a strong presence in over 50 countries. The company has manufacturing facilities in various locations, including Finland, Germany, the United States, China, and India. Its headquarters in Hyvinkää serves as a central management hub and houses research and development activities.

Konecranes offers a comprehensive range of products and services. Its main products include overhead cranes, gantry cranes, and hoists, which are used in industries such as manufacturing, ports, terminals, and mining. The company also provides a wide range of services, including maintenance, modernization, and training programs for its equipment.

In terms of global operations, Konecranes has built a strong network of subsidiaries, joint ventures, and partnerships. Notable subsidiaries include Terex Material Handling & Port Solutions, which was acquired by Konecranes in 2016, and STAHL CraneSystems, a German crane manufacturer that became a Konecranes subsidiary in 2009. These strategic partnerships and acquisitions have allowed the company to expand its product offerings and strengthen its market position.

Konecranes has a solid market position and is one of the leading providers of lifting equipment and services globally. The company's competitive advantage lies in its innovative and technologically advanced solutions, as well as its strong customer focus. It has a large customer base that includes both small businesses and large multinational corporations.

In recent years, Konecranes has achieved significant milestones and made strategic changes to drive growth. An important event was the acquisition of Terex Material Handling & Port Solutions, which expanded Konecranes' presence in the port and terminal industry. The company has also focused on digitalizing its products and services, leveraging technologies such as IoT and data analytics to provide enhanced efficiency and maintenance solutions.

As of the latest update, Konecranes continues to thrive as a global leader in the lifting equipment industry. The company remains committed to its mission of improving the productivity and safety of its customers' operations. With a strong global presence, innovative solutions, and a customer-centric approach, Konecranes is well-positioned for further growth and success in the future