Konecranes Acquires Ameratronic Industries, Inc.

Konecranes

, a global leader in the manufacturing and servicing of overhead cranes and lifting equipment,

announces the acquisition of Ameratronic Industries, Inc., of Portage, Indiana, effective June 21, 2012.

In June 2012, Konecranes acquired the assets of Ameratronic Industries, a Northwest Indiana firm that has been providing crane and hoist service to process duty customers in the area for 17 years. The owners will be retiring. The business operations and five skilled employees will be incorporated into Konecranes' nearby existing branch, located at 1255 Erie Court #B, Crown Point, IN, 46307.

"We're very excited about this acquisition," said Bernie D'Ambrosi, Vice President and Director, Region Americas Service, "and we look forward to continuing the high standard of service that Ameratronic Industries has established."

For more information regarding the crane and hoist services that Konecranes provides, please visit http://www.konecranesamericas.com/service/. 

Scott Gilbey, Director of Marketing and Communications, Region Americas E-mail: [e-mail] or phone [phone] www.konecranesamericas.com

Konecranes is a world-leading group of Lifting Businesses™, serving a broad range of customers, including manufacturing and process industries, shipyards, ports and terminals. Konecranes provides productivity-enhancing lifting solutions as well as services for lifting equipment and machine tools of all makes.In 2011, Group sales totalled EUR 1,896 million. The Group has 11,700 employees at 609 locations in 47 countries. Konecranes is listed on the NASDAQ OMX Helsinki (symbol: KCR1V).

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