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  • 2003-03-10 Kalmar Industries Plans to Outsource the Production of Steel Structures for Ship-to-Shore Cranes

Kalmar Industries Plans to Outsource the Production of Steel Structures for Ship-to-Shore Cranes

Press Release Published 10/03/2003

Kalmar Industries, which is part of the KONE Materials Handling division in KONE, and Lubbers’ Constructiewerkplaats en Machinefabriek Hollandia BV, one of the leading steel construction companies in Western Europe, are negotiating an agreement concerning the production of steel structures for ship-to-shore (STS) cranes.

In the proposed partnership Hollandia will be responsible for the steel fabrication and assembly of Kalmar STS cranes. Kalmar Industries BV, Kalmar’s Dutch subsidiary, will focus on marketing, R&D, project management and servicing of STS cranes.

This arrangement will lead to approximately 100 employees of Kalmar Industries BV, who are presently engaged in steel construction and assembly work, being transferred to Hollandia Cranes BV. The company will continue to operate out of Kalmar Industries’ factory in Rotterdam, but other Hollandia Group factories will also be involved so that capacity can be mobilized to provide short delivery times for even the largest projects.

Sender:

KONE Corporation

Tapio Hakakari

Secretary to the Board of Directors

Outi-Maria Liedes

Senior Vice President

Corporate Communications & IR

For further information, please contact:

Christer Granskog, President, Kalmar Industries, +46 8 700 5140

Outi-Maria Liedes, SVP, Corporate Communications & IR, +358 (0)204 75 4501

KONE is a global service and engineering company that specializes in moving people and goods. Annual net sales total EUR 5,500 million, and we employ nearly 36,000 people. KONE's B shares are listed on the Helsinki Exchanges.

Kalmar Industries employs around 3500 people and has annual net sales of approximately EUR 700 million. It is a world leader in the supply of container handling equipment. Every fourth container in the world is handled with Kalmar machines. The company added STS cranes to its product range with the acquisition of Nelcon BV, now Kalmar Industries BV, in 2001.

Lubbers’ Constructiewerkplaats en Machinefabriek Hollandia BV is one of the leading steel construction companies in Western Europe. It has 1500 employees and net sales of around EUR 200 million.

www.kone.com
www.kalmarind.com

2003-03-10 Kalmar Industries Plans to Outsource the Production of Steel Structures for Ship-to-Shore Cranes

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