Join us on

Konecranes

Konecranes

Industry: 
Construction
Value of USG Contracts: 
20
Symbol: 
HEL:KCR1V
States: 
OH
Country: 
Finland
Sources: 

 

Konecranes is a Finnish construction equipment company and "world-leading lifting equipment manufacturer serving manufacturing and process industries, nuclear industry, shipyards and harbors with productivity enhancing lifting solutions and services." In 2009, Konecranes had a sales total of 1.67 billion euros (Company Website). 

--

Konecranes sells cranes through an Iranian dealer, Sepahan Lifter (Company Website). 

--

Konecranes owns an American crane company, Morris Materials. Hoist Magazine, a trade journal, reported that Morris sold crane kits to the Iran-based Arian Company, which generated $900,000 in sales in the year 2000 alone ("Morris Firms Relationships in Middle Eastern Region"). 

--

The British-Iranian Chamber of Commerce notes that Alperton Ltd, a British engineering company, operates dealerships for Morris cranes in Iran (BICC). 

--

Konecranes operates a joint venture, Crane Industrial Services LLC, with the UAE-based Kanoo Group. The shipping arm of the Kanoo Group has extensive business interests in Iran (Kanoo Shipping Agencies). 

--

In addition to their wide application in the petrochemical, oil, natural gas, and nuclear industries, Iran has used overhead cranes to publicly execute political prisoners ("Khomeini fatwa led to killing of 30,000 in Iran").