Daily News
Schindler Announces 1Q Profits Drop But Beats Estimates
Schindler reported on April 22 a drop in first-quarter net profit but beat the consensus forecast despite supply chain woes, cost inflation, coronavirus lockdowns and market contraction in China, according...
Miller Named Schmersal Business Development Manager, Elevators
Ray Miller was recently named business development manager, elevators, for Canada and the U.S., at The Schmersal Group. Previously, Miller held various positions at Draka Elevator: director of sales —...
Otis Reevaluating Its Future in Russia
Elevator manufacturer Otis Worldwide Corp. announced on April 25 it is reevaluating its future in Russia amid the ongoing war in Ukraine, WGAU is among outlets to report. In an...
18-Story Residential Tower Approved for North East London
HAL Architects has won approval for an 18-story build-to-rent apartment tower in Walthamstow town center in North East London, Architects’ Journal reports. The high-rise development will replace a pair of...
CEDES Acquires Industrial Door Protection Specialist VITECTOR
CEDES, a global leader in elevator sensors headquartered in Switzerland, recently announced the acquisition of the VITECTOR portfolio from Netherlands-based FRABA, in turn strengthening CEDES’ position in the industrial door...
Alimak to Shut Down Its Operations in Russia
Industrial and construction-based elevator manufacturer Alimak Group announced April 26 that it will exit Russia. Alimak says it is making the move in light of recent events regarding Russia’s military...
TES Dubai Now Set for September 16-18, 2024
AFAG Messen und Ausstellungen GmbH and ELEVATOR WORLD, organizers of The Elevator Show (TES) Dubai, along with Dubai World Trade Center, announced the show will be postponed until September 16-18,...
Riverfront Plan Draws Complaints in U.K.
A controversial development plan for a site in the North East, U.K., area is facing backlash among residents along the Ouseburn River, Chronical Live reports. Plans for an 18-story tower...
San Antonio Developer Plans New High-Rise Apartment
Work is getting underway for a 32-story apartment development designer Western Urban plans in San Antonio, Texas, MYSA reports. The construction, launched under Dallas-based builder Rogers-O'Brien Construction, is set to...
Officials Boost Planning for Solar Power in India
Officials in Shimla, India, have created the site Smart City Mission as a center for solar energy at government buildings that includes operation of elevators and escalators, The Statesman reports....
