Business News
D&D Elevator And Solid State, Both Of New York, Join Forces
D&D Elevator Maintenance, headquartered in Elmsford, New York, and Solid State Elevator, based in Bronx, New York, announced on February 7 they have combined their resources in an effort to...
Goldray Glass Unveils New And Improved Website
Calgary, Canada-based Goldray Glass, which provides products including Corning® Gorilla® glass for elevator cabs, has unveiled a new and improved website. The website redesign is aimed at making it easier...
42% Increase Recorded in Construction Costs
The Construction Cost Index, calculated on a monthly basis by TÜİK, increased by 2.89% compared to the previous month, and by 42.48% compared to the same month of the previous...
Acquisitions, organic growth and a rebranding
AEG Acquires Abell Elevator International American Elevator Group (AEG) continued its growth in May with the acquisition of Abell Elevator International, which serves customers throughout Kentucky and North Carolina. Headquartered...
Acquisition, hiring and certification
TKE thyssenkrupp Elevator Now TK Elevator With Global Brand TKE thyssenkrupp Elevator is now TK Elevator with global brand TKE, the company announced in February. The new name and logo...
Acquisition, hire, partnerships and more from around the world
Cibes Lift Group Acquires U.K.’s Titan Elevators Gävle, Sweden-based Cibes Lift Group has acquired Titan Elevators of Sidcup, U.K., Global Legal Chronicle reported in December 2020. The move is to...
Independents join forces, an OEM expands, and leaders are tapped in NYC and elsewhere.
Texas-Based Company Merges With Mid-Atlantic Counterparts Fort Worth, Texas-based Southwest Elevator Co. has merged with Action Elevator Co. and Avery Elevator Corp., both based in the Mid-Atlantic region, Southwest Elevator...
Major transition, award and partnership are detailed.
Otis Names Calleja President of EMEA Operations Otis has named Bernardo Calleja president, Otis Europe Middle East & Africa (EMEA), the company announced in November 2020. Calleja has been interim...
Mergers, acquisitions and investments
Premier Merges With Oracle to Create Service Giant Premier Elevator, an Atlanta-based company that bills itself as a leading independent alternative to the large OEMs, has agreed to merge with...
Acquisitions, partnerships and expansion
Titan to Build New Building in LIC Titan Machine Corp.’s plan for a 21-story mixed-used building has been approved for commercial zoning at Titan’s current location at 42-11 Ninth Street...
