In-Building Guidance System Mitsubishi Electric now offers an in-building guidance system that uses illuminated projections to provide building visitors with directions and detailed elevator status information. The system guides visitors to elevators, restrooms and other building facilities via large illuminations projected onto floors and walls. For each elevator, the current floor location and level of…
Read MoreKONE Wins Order for 69 Units at Mall KONE has won an order to supply 69 elevators and escalators to Funan DigitaLife Mall, a mixed-use development. The mall is designed as a unique lifestyle destination, and will follow a live-work-play model. The integrated development will include two premium Grade A office towers, a residential block…
Read MoreCanadian Business reported that, as property owners try to cut costs, technicians report a dangerous lack of maintenance. Due to the intense competition between multinational elevator companies, it continued, some technicians rush through hundreds of maintenance jobs per month with time limits as short as 7 min. per visit. It also noted that elevator technicians…
Read MoreWittur: Marx Interim CEO as Wohlhauser Steps Down Patrik Wohlhauser and the supervisory board of The Wittur Group have mutually agreed to part ways, with Gerrit Marx, an operating partner at Bain Capital, filling the CEO role held by Wohlhauser since Wittur’s merger with Sematic in spring 2016 (ELEVATOR WORLD, October 2015). Marx has been…
Read MoreMitsubishi India Wins Large Order for Tech Park Mitsubishi Elevator India Pvt. Ltd. (IMEC) has won an order for 178 units at a technology business park in Bengaluru, the company announced on June 13. It said the deal represents the largest-ever single order for an elevator company at an information technology park in India. The…
Read MoreGGC Acquires GAL, GAL Canada, Hollister-Whitney, Names CEO, CFO Golden Gate Capital’s (GGC) acquisition of GAL Manufacturing Corp., GAL Canada and Hollister-Whitney closed on June 26, and a new CEO president and chief financial officer (CFO) for the three companies were introduced on June 27. Mark Boelhouwer is CEO and president, with Angelo Messina as…
Read MoreThe Pearl Group of Hotels has unveiled its newest project, the Pearl Grand Tower Hotel. It will be in the center of Colombo, Sri Lanka’s commercial district and surrounded by many other luxury developments. The group also engaged with Aitken Spence Elevators, the exclusive distributor for Otis elevators in Sri Lanka, to install and maintain…
Read MoreOtis Electric Supplying 230 Units to Wuhan Metro Otis continues its strong relationship with Wuhan Metro in China with Otis Electric Elevator Co., Ltd. winning a contract to supply a total of 230 elevators and escalators to lines 11 and 21, as well as onsite, around-the-clock service. This brings the total of Otis units on…
Read MoreWhat promises to be Atlanta’s tallest residential tower, a 53-story glass structure designed by Perkins+Will, is planned as part of the 4.5-acre, mixed-use development Opus Place in Midtown, the Robb Report reported. Construction on No. 2 Opus Place is expected to start in the fall and wrap up by 2020. It will contain approximately 220…
Read MoreThe nonprofit Playhouse Square Foundation plans to build a 34-story, 378-ft.-tall tower containing more than 300 apartments on the edge of the theater district in downtown Cleveland, The Plain Dealer reported. The organization also plans a six-level parking garage topped by resident amenities. The location is at East 17th Street and Euclid Avenue. Global real-estate…
Read More