Acquisitions and contracts

Acquisitions-and-contracts
Genting Group’s Resorts World Las Vegas

Otis Tapped for 200-Plus-Unit Project in Las Vegas

Malaysia’s Genting Group, owner of Resorts World Las Vegas, has hired Otis to provide more than 200 units for its new US$4- billion, 3,000-room facility being built in Las Vegas. Involving more than 80 onsite Otis field mechanics, the order includes SkyRise®, SkyBuildTM, Gen2® and HydroFitTM elevators; NCE escalators and the CompassPlus® destination-dispatch system. Resorts World Las Vegas Vice President of Construction Tony Huffer observed SkyBuild elevators quickly convert to SkyRise elevators post construction, and will enable safe, fast and efficient transportion of construction materials. Otis Americas President Tom Vining said Otis’ Las Vegas team “created the blueprint for completing casino and resort projects on time,” and intends to finish this job ahead of the 2020 opening of the facility.

All-Ways Buys Fabian, Partners With Grupo Excelsior

Fabian USA, the U.S. subsidiary of Spain-based manufacturer and installer of commercial and residential elevators Grupo Excelsior, has had its New York operations acquired by All-Ways Elevator, Inc., a full-service elevator company based in Hauppauge, New York. All-Ways has become the first U.S. dealer of Grupo Excelsior and plans to add more territories and dealers. It has also taken over Fabian’s existing elevator installation and service projects.

Both companies are family owned and operated and focused on service. Grupo Excelsior designs and manufactures all its own elevator components, has its own R&D department and tests all its elevator components in its own testing towers. All-Ways installs new commercial and residential elevators, as well as services, repairs and inspects equipment from Montauk to Manhattan and Greater New York City.

Co-Op Taps Champion for Maintenance, Modernization

Three-year-old Champion Elevator (p. 124) is taking on the maintenance and modernization of the elevators at Co-Op City, the largest cooperative housing development in the world, Mannreport Management reported in June. The modernization job totals US$36 million, plus a 24/7 maintenance contract for the 180 elevators in the Bronx, New York, development. Completed in 1973, it has more than 15,000 residential units in seven clusters of townhouses and 35 high rises, some of which are more than 30 stories tall with 500-fpm elevators.

The complex’s last modernization was at least 17 years ago. This one calls for Champion to install nonproprietary equipment that will comply with 2020 door-interlock monitoring codes, as well as 2026 unintended-motion code requirements. It also has Champion working on front and rear car entrances and increasing the speed of low-rise elevators to 350 fpm.

Champion plans to use five repair teams, two testing teams and 24 modernization teams over the five-year modernization period. With 116 employees, Champion plans to hire more as it integrates Co-Op City’s staff into its teams. The source added about the company:

“Based on founder Donald Gelestino’s 32-plus years of experience, a rapidly growing staff, and a commitment to service, safety, and education. . . the independently owned, full-service company provides elevator maintenance, repair, violation removal, and testing services throughout New York City’s five boroughs, [and] Westchester, Nassau, and Suffolk counties.”

EECO Expands Product Line Through Acquisition

Elevator Equipment Corp. (EECO), headquartered in Los Angeles, has expanded its product line through the acquisition of Winter & Bain Manufacturing Co., also of Los Angeles, a company that specializes in fire-rated elevator doors and entrances. EECO stated the acquisition will allow it to better serve customers, noting the company manufactures doors and entrances at facilities in L.A. and Richmond, Indiana.

Since 1953, Elevator World, Inc. has been the premier publisher for the global vertical transportation industry. It employs specialists in Mobile, Alabama, and has technical and news correspondents around the world.

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