APS RECOGNIZES KONECRANES NUCLEAR EQUIPMENT AND SERVICES AS AN OUTSTANDING BUSINESS PARTNER

On May 17, 2012, Arizona Public Service (APS) recognized Konecranes Nuclear Equipment & Services, LLC along with five other suppliers, for going above and beyond what is expected as a business partner.

SPRINGFIELD, OHIO – APS, Arizona’s largest and longest-serving electricity utility, serves more than 1.1 million customers in Arizona. Providing safe, reliable and affordable electricity to customers across more than 34,000 square miles takes considerable resources. APS requires business partners who can supply equipment, deliver and produce materials and share expertise across a variety of industries.

APS recognized six suppliers; one company for each of its supply chain categories: Corporate Services, Energy Delivery and Facilities Services, Generation Services, Information Technology, Major Equipment and Materials.

“Through their actions, these companies have demonstrated a dedication to customer service and a commitment to providing additional value to their relationship with APS,” said Barbara Gomez, APS Vice President of Supply Chain Management. “We would like to see our other business partners emulate the actions taken by our six award winners. Our customers directly benefit from the great relationships we have with these suppliers and the value they provide.”

Konecranes was recognized in the category of Major Equipment for expertise in the design, engineering, purchasing of materials and the safe replacement of a polar crane trolley at the Palo Verde Nuclear Generating Station. The work was done on schedule and on budget despite short notice and a small time frame to complete the job.

Nominated for the award by APS employees, Konecranes was evaluated not only for its customer service, but for their support of APS’s values including: showing a commitment to sustainability; being actively involved in the community; and focusing on health, safety and environmental concerns.

Konecranes relationship with APS will continue. In May 2011, Konecranes was awarded a contract to modernize three existing 225/35 ton polar cranes at the APS, Palo Verde Nuclear Generation Station. The first crane will be installed in the fall of 2014 and the last in June 2015.

“A key motivation for APS to modernize the cranes at the Palo Verde Nuclear Generating Station is to improve the safety and reliability of their aged lifting equipment by implementing the latest Konecranes SUPERSAFETM patented single-failure proof technology,” says Steve Waisanen, Head of Business Unit Nuclear at Konecranes.

About Konecranes Nuclear Equipment & Services LLC
Konecranes Nuclear Equipment & Services LLC (formerly part of Morris Material Handling, Inc., the original manufacturer of P&H equipment) provides a full range of nuclear services and regulatory-approved overhead lifting equipment for nuclear power plants throughout the world for all types of nuclear lifting equipment including, polar reactor and BWR cranes, spent fuel handling cranes, nuclear dry cask transporters, manipulator cranes, fuel handling equipment, robotic cranes, radiation waste cranes, containment jib outage support cranes and missile shield cranes.

About Konecranes
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 2011, Group sales totalled EUR 1,896 million. The Group has 11,700 employees at 609 locations in 47 countries. Konecranes is listed on the NASDAQ OMX Helsinki (symbol: KCR1V).