China

The Kion Group AG has officially opened its new counterbalance truck plant in the Chinese city of Jinan (Shandong province). It has also laid the foundation stone for an additional plant for supply chain solutions in the immediate vicinity that will house a technology centre and state-of-the-art manufacturing lines. Gordon Riske, chief executive officer of […]

State Administration for Market Regulation has approved the merger between Konecranes and Cargotec in China. On 1 October 2020, Konecranes Plc (Konecranes) and Cargotec Corporation (Cargotec) announced that the companies had signed a combination agreement and plan to combine through a merger, subject to regulatory and other approvals (the Transaction). Konecranes and Cargotec have received […]