Business News
3Phase Merges With Portland’s Willamette Elevator
3Phase Elevator, headquartered in Canton, Massachusetts, has merged with Portland, Oregon-based Willamette Elevator, 3Phase announced on February 28. 3Phase observed the strategic combination of Willamette and its West Coast brands,...
Schindler India Names Business Development Manager, NI Sales
Schindler India recently named Tarisha Prakash business development manager, new installations (NI) sales. Based in Mumbai, Prakash brings approximately 10 years of professional experience, including nearly four years with Otis...
KONE Suspends Parts, Service Deliveries To Russia
Russian military actions against Ukraine have prompted KONE to temporarily block delivery to Russia beginning March 3, the elevator/escalator construction and modernization reports. The company has also, for the time...
Schmersal Names Bogusch As Logistics Industry Manager
Schmersal, a designer of safety switchgear devices, has announced Marcel Bogusch as industry manager for the company’s logistics solutions, officials say. Bogusch, already with the Schmersal Group in the company’s...
KONE BoD Elects Board, Committee Members
The KONE Board of Directors (BoD) elected board and board committee members during its meeting on March 1. From among BoD members, Antti Herlin and Jussi Herlin were elected board...
AEG Reflects On Remarkable Growth Since 2020 Inception
NYC-headquartered American Elevator Group (AEG), the largest independent elevator service provider in North America, has experienced remarkable expansion since its inception in 2020, the company observed on February 28. Starting...
TKE Opens Its Center In India, Its 11th In 25 Years
TK Elevator (TKE) has opened an International Technical Service (ITS) center in Pune, Maharashtra, India, the 11th location globally since launching the centers 25 years ago, the OEM announced on...
 Transitions At The Top For TKE Canada
Former TK Elevator (TKE) Canada CEO Blain Coupal has been promoted to executive vice president, field, North America, and 25-year industry veteran Gary Medeiros is new CEO in Canada, TKE...
Alimak Group Initiates Strategic Review Of Wind Division
Alimak Group has launched its board and group management to initiate a review of the company’s Wind division in an effort to explore alternatives, including a potential divestment, the company...
TKE Honors Dimo In Sri Lanka As Best Global Distributor
TK Elevator (TKE) has named DIMO of Sri Lanka as the Best Global Distributor for 2021, The Island reports. DIMO (Diesel and Motor Engineering, PLC), regarded as one of the...
