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Konecranes history
Konecranes company history timeline
In 1994 KONE bought the fourth largest elevator business in the United States, Montgomery Elevator Company, and made plans to move decisively into China and expand operations in India.
In 1996, KONE also bought the remaining shares in its escalator partner, Germany’s O&K Rolltreppen, making it the world’s leading escalator supplier.
2001 saw the introduction of the KONE JumpLift® construction-time elevator for skyscrapers, which enables a fast and safe construction process in all weather conditions.
When Matti Alahuhta was appointed KONE president at the beginning of 2005, he set out to streamline KONE’s organization and improve performance across the board.
The iconic machine-room-less KONE MonoSpace® elevator was completely upgraded in 2012, resetting the industry benchmark with leading eco-efficient performance, premium ride comfort and award-winning design.
In September 2015 KONE repositioned itself for the digital era, announcing the creation of a new Technology & Innovation unit that brings together KONE’s R&D and IT functions.
2020 KONE hosted its 2020 Capital Markets Day in virtual form on September 29.
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Konecranes competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Cargotec Holding Inc | 2002 | $110.0M | 340 | 24 |
| Wartsila Holding Inc | - | $120.0M | 506 | - |
| Uhl Company | 1917 | $24.1M | 50 | 15 |
| Dahill Office Technology Corporation | 1987 | $19.0M | 119 | 2 |
| Crane America Services | 1973 | $25.0M | 375 | - |
| LiftOne | 2012 | $1.4B | 3,000 | - |
| Ryko Solutions, Inc | 1973 | $2.8M | 50 | 90 |
| Compact Power Equipment Rental | 2007 | $25.0M | 750 | - |
| Gregory Poole | 1946 | $430.0M | 900 | 129 |
| Puckett Machinery | - | $144.4M | 200 | - |
Konecranes history FAQs
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Konecranes may also be known as or be related to Konecranes, Konecranes Inc, Konecranes Inc. and Konecranes, Inc.