International News
Schindler, Oleo, ELSCO and Sodimas grow their brands.
Schindler Acquiring FB Group, XJ Distributor Schindler is expanding its presence in Germany and China. It is to fully acquire the FB Group, a Saxony, Germany-based elevator company. The medium-sized,...
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...
Oleo and KONE invest in plants; Toshiba Johnson markets new elevator series.
Oleo to Open India Facility U.K.-based manufacturer Oleo International will open its first production facility in India near Bengaluru International Airport at the beginning of the year. Impetus for the construction...
Purchases, partnership and a new location
Orona Announces Latest European Acquisitions Hernani, Spain-based Orona announced it has acquired its fourth and fifth companies this year, Krakdzwig of Krakow, Poland, and Estrela Elevadores of Leiria, Portugal, expanding...
KONE, AL, Apex hire team members.
Kaje Named Vice President of KONE IR, Other Changes Sanna Kaje has been named vice president of Investor Relations (IR) at KONE. She joins KONE from Finnish construction company YIT...
Contracts around the World
Asian countries are main drivers of business. Momentum Continues for Otis in China Otis subsidiaries Xizi Otis Elevator Co. and Otis Elevator (China) Co., Ltd. continue to win major work...
Riyadh Metro lets large contract; Dubai and Qatar tower news.
thyssenkrupp Supplying 641 Units to Riyadh Metro thyssenkrupp has been awarded a contract to design, manufacture, supply, install and maintain 251 elevators and 390 escalators for lines 1 and 2...
Interlift 2017 Dates Announced
Organizer AFAG Messen und Ausstellungen GmbH has announced that the next Interlift will take place on October 17-20, again at the Augsburg Trade Fair in Augsburg, Germany. VFA stated that...
EHC Appoints South Africa Distributor
Oshawa, Canada-based EHC Global has appointed Mofasa Lifts as its authorized handrail distributor and service provider in South Africa. Based in Pretoria, Mofasa will service the growing need for new...
Plans for tall buildings abound in London, Milan.
KONE Modernization in London Includes Polaris KONE has been awarded a contract to modernize the elevators of global law firm Clifford Chance at its Canary Wharf offices on 10 Upper...