Cargotec CorporationHelsinki, Finland

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Cargotec Company Description

Cargotec can do a lot of heavy lifting. The company -- one of the leaders in its industry -- provides materials handling products through its Kalmar, Hiab, and MacGREGOR business units. Kalmar sells container and trailer handling equipment and container spreaders, primarily to marine port, industrial, and defense customers. Hiab offers loader cranes, truck-mounted forklift trucks, and forest cranes to truck manufacturers, transportation companies, waste-handling, and equipment rental firms. MacGREGOR makes products such as hatch covers, cranes, shipboard elevators, and galleys to shipyards, ship owners and operators, and marine terminals. Cargotec was spun off by Finnish elevator maker KONE in 2005.

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The Company Description provides a historical perspective of Cargotec's organization from inception to current status.

Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Cargotec's evolution in the marketplace.

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