News
Nelson Succeeds Mason as CEO of Kings III Emergency Communications
Coppell, Texas-headquartered Kings III Emergency Communications, a leading third-party provider of elevator and pool emergency monitoring solutions in North America and part of the Arcline Investment Management portfolio, announced on...
Luxury Residential Tower Fashionz by Danube and FashionTV Planned in Dubai
Danube Properties and FashionTV have partnered to bring the 65-story, 700-plus residential unit Fashionz by Danube and FashionTV to Dubai's Jumeirah Village Triangle, The Print is among outlets to report....
Escalator Replacement Planned for North London Tube Station
Kentish Town Tube station in north London will close this summer for “vital” escalator replacements, Time Out is among outlets to report. Beginning June 26, the station’s 26-year-old escalators will...
Mitsubishi Electric Swedish Subsidiary Motum To Acquire Norway’s UNIHEIS
Motum AB, a Sweden-based subsidiary of Mitsubishi Electric Corp., has formally agreed to acquire Norway-based UNIHEIS AS, which has been selling and installing new elevators and providing maintenance as a...
TKE Second Sustainability Reports Shows Progress Towards ESG Targets
Düsseldorf, Germany-headquartered TK Elevator (TKE)'s second sustainability report, published on April 27, shows what the company describes as "significant progress towards the company's ESG (Environmental, Social and Governance) targets." Titled...
With Strong NE Sales, Otis Delivers Solid Q1 Results
On April 26, Otis reported first-quarter (Q1) net sales of US$3.3 billion, with 3.6% organic growth. At $0.79, earnings per share (EPS) were up 8.2% versus 2022. While Q1 net...
Vendors, Mayor Respond to Elevator Outages at Cleveland’s West Side Market
All four elevators at Cleveland, Ohio, landmark West Side Market are out of order, News 5 Cleveland is among outlets to report. Vendors have expressed outrage following the breakdown of...
Skywalk With VT Close to Completion in Hyderabad
A 660-m-long skywalk connected to all sides of the Uppal crossroads in Hyderabad, India, is nearly complete, with opening imminent, the Deccan Chronicle is among outlets to report. The skywalk...
Interlift 2023 in Augsburg, Germany, Continues to Grow
AFAG Messen und Ausstellungen GmbH, organizer of the interlift 2023 international vertical-transportation trade fair in Augsburg, Germany, on October 17-20, reports the fair continues to grow, with 40% more exhibitors...
Grand Opening for Tadawul Tower Expected Soon
Completed in late 2022, Tadawul Tower in Saudi Arabia’s capital and main financial hub, Riyadh, is only a few months away from its expected grand opening, the Council on Tall...
