Konecranes, a Finnish port equipment manufacturer, has intensified efforts to develop a network of U.S.-based partners to produce a comprehensive range of port cranes, including ship-to-shore (STS) models, as part of a strategic response to rising trade tensions and security concerns.
The expansion attempts to comply with the “Build America Buy America” (BABA) standards and supports the White House’s initiative to reduce dependency on Chinese manufacturers.
The company...