RobbyN To be honest we don't know at this point but it would not make a good deal for KONE to take over Merthyr unfortunately.

Kone have there own facilities and the extra work would be transferred there otherwise kone will just double there production cost's. The hope for Merthyr would be that Linde will move production of another product there but reading KION 3Q report it doesn't look good. KION have opened a new plant in Brazil and have closed plants in France Italy and the UK. They seem to be looking at production in different areas India China and Brazil while keeping Germany as there european base



KION have sold their closed facilities before to other industrial companies but not to Forklifts companies as they see this as helping the competition get a foot hold into the market KION will just sit on the site if they don't sell to another industrial company
like they have done with other places.