China
European Lift Makers 2Q Order Intake Above Expectations
Schindler and KONE posted second-quarter order intake above expectations, but warned China's construction slowdown was weighing on new installations, Reuters reports. Schindler's order intake was down 0.4% from a year...
Otis Cuts Sales View With Slowdown in China and U.S.
Otis Worldwide lowered its 2024 net sales forecast on July 24 on softening demand for its new equipment from North America and China, Reuters reports. The company expects its full-year...
Schmersal Establishes New Subsidiary in Ho Chi Minh City
The Schmersal Group, an international machine safety leader, on July 19 announced a new subsidiary in Ho Chi Minh City, Vietnam: Schmersal Vietnam Co. Ltd. The subsidiary is being led...
TKE Appoints Jackson Head of OSH — Asia Pacific
TK Elevator (TKE) has appointed Terry Jackson head of Occupational Safety & Health (OSH) — Asia Pacific, effective July 1. Jackson reports directly to TKE Asia Pacific CEO Jürgen Böhler,...
Fujitec Gives Back With Blood Drives in Japan, Taiwan, China and India
In recognition of World Blood Donor Day on June 14, Fujitec conducted a blood drive at its Big Wing headquarters in Shiga prefecture, Japan, a tradition it has upheld for...
AFAG: interlift 2025 and TES Dubai 2024 Generating Buzz
interlift 2025, taking place for the first time in Nürnberg, Germany, on October 14-17, 2025, is already generating a lot of buzz with more than 250 exhibitors — including two...
Fujitec Delivers 44 Modernized Elevators, Including Its Fastest, in Hong Kong
Fujitec (Hong Kong) Co., Ltd. announced on June 27 it delivered 44 modernized elevators — including 16 that are the fastest available from Fujitec — at Three Garden Road, consisting...
U.K., U.S. Consultancies Join Forces to Expand Footprint
D2E International VT Consultants Ltd, based in London, and Connecticut-based My Elevator Service have agreed to partner to better meet the needs of their global clients and expand their geographical...
Bucher Hydraulics CEO Role Passing from Waller to Mühlon
The CEO role at Bucher Hydraulics, the Klettgau-Griessen, Germany-headquartered provider of hydraulic components including elevator drive systems, is passing from Daniel Waller to Frank Mühlon, effective July 1. Waller is...
Otis Expands Service Coverage for Shenzhen Metro
Otis announced it has extended its decades-long support of Shenzhen Metro with a new contract to service 209 Otis units, including 66 elevators and 143 escalators, on the network’s Line...
