KONE buys Empire Elevator, further strengthening position in San Francisco, California, USA

Press Release Published 07.02.2013

KONE Corporation, press release, July 2, 2013

KONE has acquired the San Francisco-based business of Empire Elevator Co., Inc., an independent elevator company. Empire has operated in the attractive Bay Area market since 1978 under the capable leadership of President Bruce Moore, who will join the combined KONE team in a key role.

Empire and KONE will be combining their elevator operations under the KONE name during the next few months.

"The Empire and KONE operations will fit well together and we are thrilled to be adding great new customers in the very important San Francisco market," said Larry Wash, KONE Executive Vice President for the Americas.

"We are also gaining a wealth of talent from the skilled and experienced employees joining KONE from Empire and look forward to welcoming these new team members to our team," Wash added.

For further information, please contact:
Anne Korkiakoski, EVP, Marketing & Communications, KONE Corporation, tel. +358 204 75 4330

Previously published KONE press releases are available at www.kone.com/press including:

Dec 3, 2012 KONE strengthens market presence through the acquisition of Ascent Elevator in San Francisco, California, US

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 2012, KONE had annual net sales of EUR 6.3 billion and around 40,000 employees. KONE class B shares are listed on the NASDAQ OMX Helsinki Ltd in Finland.


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