News
Italy’s Prysmian to Acquire U.S.-Based Encore Wire
Italy's Prysmian Group, which includes the Draka Elevator business, on April 15 announced a US$4.15-billion deal to acquire U.S. firm Encore Wire, outlets including Reuters report. "M&A is in our...
Germany-Based Nonprofit CIA Re-elects BOD
The nonprofit CAN in Automation (CiA) association, based in Nuremberg, Germany, re-elected its Board of Directors (BoD) on April 9. They are: Magnus Hell from Infineon, technical director; Christian Schlegel...
New Platform Aims To Democratize Elevator Design Access
In a move to democratize access to elevator designs, Themis Stamatiou, MSc, a seasoned industrial designer and elevator production manager, has launched Elevator Plans. This new platform aims to connect...
Fujitec Becomes Silver Sponsor of WheeLog Accessibility Nonprofit
Japanese vertical-transportation (VT) OEM Fujitec Co., Ltd., has signed a Silver Sponsor agreement with WheeLog, a nonprofit dedicated to achieving "a world in which anyone can go anywhere." Among WheeLog's...
In Memoriam: John Fichera
John Fichera, co-founder of NYC-based TEI Group, passed away on April 3 at his home in Moorestown, New Jersey. Fichera built a successful career in the elevator industry, starting as...
Shanghai Moving Walk Incident Results in Serious Injuries
A woman in China was seriously injured and may require an amputation after she got stuck in a moving walk at a supermarket in Shanghai, the Independent reports. The woman...
Thea Bowman House Breaks Ground on Elevator Construction
Thea Bowman House in Utica, NY, held a groundbreaking ceremony on April 3 to kick off the installation of a new elevator at its DeSales Center, The Central New York...
KONE Scouting for Small Services Companies
Finland-based KONE Corp. is scouting for acquisitions of small services companies across the world, KONE Global President and CEO Philippe Delorme told reporters while participating in KONE India’s 40th anniversary...
Otis Hong Kong Awarded Outstanding Elevator Business Award
Otis Hong Kong was awarded the "Outstanding Elevator Business Award" at the prestigious 01 Gold Medal Awards 2023. This award recognizes Otis' achievements in promoting innovations in vertical transportation and...
Nippon Otis Pilot Project Integrates Service Robot With Elevator for Mail Delivery
Nippon Otis Elevator Co., in collaboration with robotics provider FIG Corp., has integrated a service robot with an existing Otis Gen2® Prestige elevator as part of a pilot project at...
