NEWS | ‘BUILD AMERICA, BUY AMERICA’
KONECRANES LOOKING FOR PARTNERS TO BUILD PORT CRANES IN THE USA
K
onecranes has announced it is establishing a network of partners including steel structure providers and
subcontractors to build port cranes in the United States in the coming years. This long-term plan is part of a series
of initiatives from the US government, which recognizes Konecranes’ position as a global leader in material handling solutions with deep roots in the country. Konecranes expects the network to
grow in states including Ohio, Virginia and Wisconsin in the coming years, and has received initial indications of interest from a number of customers for “Build America Buy America” (BABA) cranes including STS cranes.
“The announcement reflects
Konecranes’ position as both a global leader in material handling solutions and as a strong local player with decades of experience in the US. “This is what prompted the US
government to approach us with this opportunity,” a spokesman said. Given that STS cranes take several
years to produce and deliver, the company does not see any short-term impact on its financials from this initiative.
10 | September 2024 |
www.hoistmagazine.com
Konecranes also has the capability
to modernize existing port cranes with the latest technology and cybersecurity standards, part of its continuing drive to improve the safety, productivity and sustainability of its customers’ operations. Konecranes has operated in the
US for decades, and has three crane manufacturing facilities; Watertown, Wisconsin; Houston, Texas; Springfield, Ohio, approximately 2,200 employees and over 60 branches across the country. Customers include privately-run ports,
intermodal operators and port authorities, as well as multiple industries needing smart, safe and reliable material handling solutions. Konecranes is committed to growing its workforce in the US in step with increasing business volumes. In a fact sheet published by The White
House in July it stated: ‘The Biden-Harris Administration is committed to supporting the entire American shipbuilding supply chain and enhancing the security of the global maritime environment through collaboration with our allies and partners. The administration has recently undertaken a variety of actions on this topic, which have spurred efforts to invest in the United States from private sector
partners around the world. Through these government and private sector actions, the administration is working to support and create good-paying, permanent jobs in the US shipbuilding sector and to promote US shipbuilding competitiveness.’ Adding: ‘In response to the White
House-led effort to enhance the security of the maritime environment, Konecranes, a Finnish-based port equipment manufacturer, is announcing its plans to establish and grow a consortium of US partners, including steel structure providers and other manufacturers, to build ship-to-shore (STS) cranes in the United States to serve North American ports. This combination of Finnish expertise and American industrial capacity will continue to position Konecranes as a global leader in material handling solutions. Konecranes is committed to growing its workforce in the United States as demand for cranes produced by trusted vendors increases. Konecranes estimates that every STS crane built in the United States will require the production of 1,500 tons of US-made steel and over 100,000 labor hours for the whole value chain.’
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