Expansions, Acquisitions
SES Acquires McIntosh Industries Inc.
Memphis, Tennessee-based Standard Elevator Systems (SES), which manufactures and provides products and solutions for elevators, escalators and moving walks, announced on June 23 it has acquired McIntosh Industries Inc., a...
KONE and 3Phase make acquisitions; Urban Elevator expands to L.A.
KONE Acquires Detroit Elevator Co. KONE announced in June that it acquired the service and repair business of Detroit Elevator Co. in Ferndale, Michigan, including its operations throughout the greater...
Europe, Middle East, North America among areas seeing activity.
Hitachi Elevator Saudi Arabia Launched Hitachi Ltd. has launched Hitachi Elevator Saudi Arabia Ltd., a joint venture with Saudi Arabian investment firm Mayar Holding Co., Arab News reported. Hiroshi Nasu...
Elevator companies add to payroll, property.
Nidec Investing in IE Ohio Factory Expansion Imperial Electric’s (IE) parent company, Nidec Corp., has announced a US$3.2-million investment in its Middleport, Ohio, plant to keep the IE facility open...
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