Konecranes secures additional Navy work, increasing cumulative value of all contracts to $244 million

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Konecranes Nuclear Equipment and Services, a manufacturer of material handling solutions, has secured its latest order from the U.S. Navy, bringing the cumulative value of all its federal contracts to $244,166,724 million.

The contracts involve Konecranes building cranes for the U.S. Navy at the company’s New Berlin and Manitowoc facilities.

Konecranes recently secured an additional $15 million of work, according to an announcement from the Department of Defense.

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Konecranes is building 175-ton heavy-lift portal cranes for the Navy at its New Berlin facility, located at 5318 S. Emmer Drive. Some work is also being done in Manitowoc. The work will be completed by September 2028, according to the DOD announcement.

Konecranes received its first crane order from the Navy in 2019. Since then, the company has received four additional orders.

The company make cranes, forklift trucks, load manipulators, and other heavy duty and light lifting equipment. The company also provides maintenance, inspection, and repair services, as well as parts replacement, for cranes and machine tools.

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Konecranes, which is based in Finland, also has facilities in West Allis, New Berlin, and Brookfield. The company has 16,700 employees across the globe and recorded more than $4 billion in sales in 2023.

Konecranes has operated in the U.S. for decades, and has three crane manufacturing facilities, approximately 2,200 employees and over 60 branches across the country.

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