KONE to provide escalators to the new Wuxi metro in China

June 27, 2012

KONE Corporation, press release, June 27, 2012

KONE has been selected to deliver and install 82 escalators to the second phase of the future Wuxi metro line 2. Line 2 will run 26 km east to west across the city of Wuxi and stop at 22 stations. KONE's solutions will make People Flow smooth and safe for passengers at eleven of the stations.

All 82 escalators are KONE TransitMaster® 140 heavy-duty escalators. These escalators are designed to enable the seamless flow of large number of passengers safely and reliably. One of the metro stations is connected to the high-speed railway station in Wuxi.

"We are pleased to contribute to making People Flow smoother in the growing cities of China, such as Wuxi," says William B. Johnson, Managing Director of KONE China. "We are honored that the expertise of our Major Projects team has been recognized by Wuxi City Mass Transit Development Co., Ltd."

Located in Jiangsu Province, Wuxi has approximately 3.2 million inhabitants. The Wuxi metro is currently under construction and will initially have two lines with 45 stations along 56 km of track. KONE will install the first equipment in mid-2013 and metro line 2 is expected to open for operation at the end of  2014.

The order was booked in the second quarter of 2012.

For further information, please contact:
Liisa Kivelä, Director of External Communications, KONE Corporation, tel. +358 0204 75 4330

About KONE
KONE is one of the global leaders in the elevator and escalator industry. The company has been committed to understanding the needs of its customers for the past century, providing industry-leading elevators, escalators and automatic building doors as well as innovative solutions for modernization and maintenance. The company's objective is to offer the best People Flow® experience by developing and delivering solutions that enable people to move smoothly, safely, comfortably and without waiting in buildings in an increasingly urbanizing environment. In 2011, KONE had annual net sales of EUR 5.2 billion and on average 35,000 employees. KONE class B shares are listed on the NASDAQ OMX Helsinki Ltd in Finland.

www.kone.com