INCAP AND KONE TO DEEPEN CO-OPERATION

Incap and KONE have signed a new co-operation agreement, significantly increasing the partnership between the two companies and positioning Incap as a global supplier to KONE Elevators & Escalators. The co-operation agreement covers the volume production of electronics and mechanics, as well as design, manufacturability, the production of pilot series and final assembly.
 
The electronics manufacturing and final assembly of the product range will take place at Incap’s factories in Vuokatti, Finland and Estonia. Cases and other sheet metal parts will be manufactured at Incap’s factory in Helsinki. Pilot deliveries of a new product range commenced in September and the manufacturing of the first production series will start around the turn of the year.
 
“This agreement is important for Incap as it will enable us to greatly increase co-operation with KONE Corporation. The new product range that we will now start producing fits in well with our production model: it is a complete product range that will benefit from our company’s many areas of expertise. The customer will receive a comprehensive package from a single supplier – easily and flexibly,” says Juhani Hanninen, President and CEO of Incap.
 
 
INCAP CORPORATION
 
 
Hannele Pöllä
Director, Communications and Investor Relations



For additional information, contact:
Juhani Hanninen, President and CEO, tel. +358 (0)50 556 7199
Petri Saari, Vice President, Sales and Marketing,
tel. +358 (0)40 777 5769
Account Manager Asko Mononen, tel. +358 (0)400 890 062


KONE is a global service and engineering company that specializes in moving people and goods. It comprises two divisions: KONE Elevators & Escalators and Kone Cargotec. KONE Elevators & Escalators sells, manufactures, installs, maintains and modernizes elevators and escalators, and services automatic building doors. Kone Cargotec supplies products and services to facilitate moving and loading cargo. KONE’s B shares are listed on the Helsinki Exchanges.
Additional information: www.konecorp.com.


Incap Corporation is an electronics contract manufacturer whose comprehensive service covers the entire product life cycle from design to repair and maintenance services. With more than 25 years of experience, Incap is in a position to offer its customers its manufacturing know-how in electronics and mechanical engineering. The company’s main customer sectors are leading equipment suppliers in telecommunications, electrical power technology, the automation and process industries as well as measurement technology, safety electronics and health care.
Incap’s shares are listed on the Helsinki Exchanges.
Additional information: www.incap.fi.