Konecranes News, Videos, and Information

Irwin Rapoport – CEG Correspondent - Mon August 07, 2023

The Industrial Company Delivering $410M Port Upgrade

The Georgia Ports Authority (GPA) is spending $410 million to transform and upgrade the 200-acre Ocean Terminal in the Port of Savannah, a project that is being undertaken by The Industrial Company (TIC), which is responsible for the wharf/berth refurbishment element....

Irwin Rapoport – CEG Correspondent - Thu May 11, 2023

Crews Reconstruct Berth at Port of Savannah

As part of its ongoing expansion of the Port of Savannah, the Georgia Ports Authority (GPA) began renovations of Berth 1 at the Garden City Terminal (GCT) in April 2021, a project that will be completed this July by The Industrial Company (TIC)....

ALL Crane - Wed March 22, 2023

ALL Supplies Two ATs to Lift 350,000-lb. Steel Part for Overhead Crane

To build a crane, sometimes you need another crane or two. Especially if the final weight of that crane will be an eye-popping two million pounds. Dawes Rigging & Crane Rental, a member of the ALL Family of Companies, is supplying cranes to help build overhead track-mounted cranes made by Finland-based Konecranes' manufacturing plant in Wisconsin....

Linder Industrial Machinery - Wed November 23, 2022

SEACOR Utilizes Konecranes to Efficiently Handle Cargo

SEACOR Island Lines LLC provides shipping solutions between Fort Lauderdale, Fla., the Bahamas and Turks and Caicos Islands. Its fleet of nine specialized vessels provides unique cargo transportation and logistics solutions....

Irwin Rapoport – CEG Correspondent - Thu August 22, 2019

Port of Savannah's $220.5M Upgrade to Double Capacity

For many years now, Georgia's Port of Savannah (referred to as the port or Garden City Terminal — GCT) has been experiencing a massive growth in business that is seeing more ships dock to unload and receive a variety of goods....

Thu January 05, 2017

Terex Completes Sale of MHPS to Konecranes

Terex Corporation (NYSE: TEX) today announced that it has completed the sale of its Material Handling and Port Solutions business (“MHPS”) to Konecranes Plc (Helsinki KCR1V.HE) (“Konecranes”) for $595 million and €200 million in cash and 19.6 million newly issued class B shares representing a 25% interest in Konecranes....

Tue May 17, 2016

Konecranes Buys Terex Port/Material Handling

Konecranes is to acquire the Demag overhead and Gottwald port crane division of Terex as the two agree to end all merger talks. Terex has agreed to sell its industrial and port crane services business – largely the Demag overhead crane and Gottwald port cranes business - to Finland's Konecranes....

Tue August 11, 2015

Terex Merges With Konecranes

NEW YORK (AP) — Crane maker Terex is merging with Finnish rival Konecranes in an all-stock deal that creates a company with a combined $10 billion in 2014 revenue. The new company will be called Konecranes Terex PLC and have "significant" headquarters in Westport, Connecticut, and Finland....