KONE relocates and expands manufacturing and R&D unit within Kunshan, China
(Thomson Reuters ONE) -
KONE Corporation, press release, July 27, 2010
KONE will relocate and expand its manufacturing unit and R&D center in China in
the Kunshan New & Hi-tech Industrial Development Zone (KSND).
"With this expansion we will be better able to meet the growth in Asia,
particularly in China," says Heikki Leppänen, Executive Vice President, New
Equipment Business. "The new larger site will allow KONE to increase its
production of elevators and escalators, as well as expand our R&D activities."
The purpose-built site will be planned according to lean manufacturing
principles and KONE's global supply network needs. The industrial park is
located close to the Suzhou-Shanghai Expressway thus enabling better connections
to suppliers and customers. The new site will become KONE's largest
manufacturing unit when it opens in 2012.
The current R&D center will be expanded and a new high-rise test tower will be
built to support the development of People Flow(TM) products and solutions.
The city of Kunshan has been rapidly growing since KONE established production
in 1998, and KONE's manufacturing unit is nowadays in the midst of a residential
area. Since 2005, Kunshan has been KONE's global escalator production center. In
China, KONE employs 3,800 persons, of which approximately 1,000 work at the
manufacturing unit. KONE aims to have the site certified to the LEED green
building rating system.
For further information, please contact:
Anne Korkiakoski, EVP, Marketing & Communications, +358 204 75 4330
About KONE
KONE is one of the global leaders in the elevator and escalator industry. The
company has been committed to understanding the needs of its customers for the
past century, providing industry-leading elevators, escalators and automatic
building doors as well as innovative solutions for modernization and
maintenance. The company's objective is to offer the best People Flow experience
by developing and delivering solutions that enable people to move smoothly,
safely, comfortably and without waiting in buildings in an increasingly
urbanizing environment. In 2009, KONE had annual net sales of EUR 4.7 billion
and approximately 34,000 employees. KONE class B shares are listed on the NASDAQ
OMX Helsinki Ltd in Finland. Founded in 1910, KONE celebrates its centennial
anniversary in 2010.
www.kone.com
[HUG#1434176]
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Source: KONE Oyj via Thomson Reuters ONE
Unternehmensinformation / Kurzprofil:
Datum: 27.07.2010 - 10:31 Uhr
Sprache: Deutsch
News-ID 24457
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"KONE relocates and expands manufacturing and R&D unit within Kunshan, China"
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