Daily News
Major Otis Contracts in China and Hong Kong SAR
Otis President, CEO and Chair Judy Marks announced during a January 31 earnings call that the company is handling a new-equipment contract in Chongqing, China, and a modernization contract in...
Assa Abloy Sells French Elevator Maintenance Business to KONE
Assa Abloy has sold its PACA Ascenseurs elevator maintenance division in France to KONE, Assa Abloy announced on February 2. The Swedish door and lock company that provides automated entrance...
Elevator Security Cameras at Hoboken University Prompt Debate
Security cameras — including in dormitory elevators — throughout the campus of Stevens Institute of Technology in Hoboken, New Jersey, are prompting debate with some students expressing privacy concerns, student...
CECA Holds First Virtual Elle-levator Meeting
The Canadian Elevator Contractors Association (CECA) Elle-levator — Women in Industry group held its first virtual meeting via Zoom on February 1. CECA member Louise Stallings of Mohawk College hosted...
Japan Elevator Service Announces Absorption-type Merger, Branch Restructuring
Japan Elevator Service Holdings Co., Ltd. (JES), a Tokyo-headquartered provider of maintenance and repair for elevators and escalators, announced an absorption-type merger between two of its subsidiaries and a restructuring...
Otis India President Applauds Indian Finance Minister for “Transformative Budget”
Otis India President Sebi Joseph released a statement applauding Indian Finance Minister Nirmala Sitharaman for presenting a “progressive budget accelerating the momentum in the infrastructure sector and for the contribution...
NYC Mayor’s State of the City Address Bullish on Construction
NYC Mayor Eric Adams’ third State of the City address on January 24 laid out a vision focused on safety, education, jobs, sustainability and more, and the creation of new...
Soviet-Era Elevators Pose Dilemma in Latvia
Many of the approximately 7,000 elevators in Latvia, including around 5,000 in the capital, Rīga, are from the Soviet era and are probably roughly 50 years old, prompting authorities to...
KONE Participates in “Decarbonization Catalyst” Workshops
Finnish OEM KONE recently participated in a series of workshops that brought together members of the Nordic Superblocks as Decarbonization Catalysts consortium (NSDC) to brainstorm innovation opportunities and consolidate more...
Otis Modernizing VT for EMEA Icons Burj Khalifa and Eiffel Tower
Otis will be modernizing vertical-transportation (VT) equipment at two iconic structures in the Europe, the Middle East and Africa (EMEA) region: the Burj Khalifa in Dubai and the Eiffel Tower...
