Wednesday, 24 November 2010 09:30

Vacon signs supplier contract with KONE

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The global AC drives manufacturer Vacon has signed a supplier contract with KONE Corporation. KONE is one of Vacon's global OEM customers. The value of the contract is estimated to be several million euros annually for the coming years.

The new supplier contract between Vacon and KONE covers new energy-efficient AC drives that have been designed in close cooperation. "This cooperation is a good example of Vacon's capability to develop new technology and products which are suited to the new market and customer needs. Vacon is able to create solutions that only a dedicated AC drives house can provide. We take pride in that KONE as a global elevator manufacturer chooses Vacon as its supplier. I think the quality, reliability, and innovative design of our products are the features our customers value most," says Heikki Hiltunen, Executive Vice President, Vacon Group.

The AC drives Vacon provides to KONE are built on Vacon's latest technology platform. The AC drives help the customer save a remarkable amount of energy due to the specific technological innovations that were incorporated into the products. The product deliveries will begin later this year, and their volume will increase during the years 2011-2012.

Vacon Group

Further information:

  • Heikki Hiltunen, Executive Vice President, Products and Markets, Vacon Group, mobile +358 (0)40 8371 609, email This email address is being protected from spambots. You need JavaScript enabled to view it.

Press contact:

  • Sebastian Linko, Director, Corporate Communications, Vacon Group, mobile +358 (0)40 8371 634, email This email address is being protected from spambots. You need JavaScript enabled to view it.

Vacon in brief

Vacon is driven by a passion to design, manufacture and sell only the best AC drives on the planet - and nothing else. AC drives can be used to control electric motors or to help generate power from renewable sources. Vacon has R&D and production units in Finland, the United States, China and Italy, and sales offices in 27 countries. In 2009, Vacon had revenues of EUR 272 million and globally employed 1,200 people. Vacon's shares (VAC1V) are listed and publicly traded on the Helsinki Stock Exchange.

Driven by Drives, www.vacon.com

Read 3263 times Last modified on Wednesday, 24 November 2010 08:24