Konecranes Oyj - Company Announcement

KONECRANES CLOSES FACTORY IN WINDSOR, WI, USA

Konecranes will close its assembly plant in Windsor, WI, USA by the end of      
October 2010. Konecranes expects to book largely lease-related restructuring    
costs of EUR 3 million due to the factory closure in the second quarter of 2010.

Low equipment demand in the developed markets as stated in the first quarter    
2010 interim report, closer integration of Morris Material Handing Inc's (P&H)  
activities into Konecranes' operations and widening usage of corporate-wide     
products have reduced production volumes at the Windsor plant in 2010. A plan   
has been prepared to cease operations at the Windsor factory and to relocate the
remaining activities to the other Konecranes locations in the US.               

The personnel in Windsor is 47 of which 27 will be offered jobs in the other    
locations leading to a reduction of 20 positions.                               


KONECRANES PLC                                                                  

Miikka Kinnunen                                                                 
Director, Investor Relations                                                    


FURTHER INFORMATION                                                             
Press:                                                                          
Mikael Wegmüller, Vice President, Marketing & Communications                    
E-mail: mikael.wegmuller@konecranes.com or phone +358 20 427 2008               

Investors and Analysts:                                                         
Miikka Kinnunen, Director, Investor Relations                                   
E-mail: miikka.kinnunen@konecranes.com or phone +358 20 427 2050                



DISTRIBUTION                                                                    
NASDAQ OMX Helsinki Ltd                                                         
Media                                                                           
www.konecranes.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 2009, Group sales totalled EUR 1,671 million. The Group has 9,600     
employees, at more than 545 locations in 43 countries. Konecranes is listed on  
the NASDAQ OMX Helsinki (symbol: KCR1V).