News
Otis Again Among Fortune‘s Most Admired Companies
For the second consecutive year, Farmington, Connecticut-headquartered Otis is among 324 companies recognized as one of the World’s Most Admired Companies by Fortune magazine, Otis announced on February 2. Based...
Otis’ Marks One of Two New Caterpillar Independent Directors
Judy Marks, chair, CEO and president of Otis Worldwide Corp., is one of two new independent members of the Board of Directors (BoD) of Caterpillar Inc., a global manufacturer of...
New York YIMBY: 4Q Report Shows Taller, Larger Buildings
Overall figures from NYC’s construction filings from the 4th Quarter (4Q) 2022 — October through December — show the average filing has become roughly twice as large and increased from...
AEG Introduces Elevator Reference Guide and Checklist
American Elevator Group (AEG), the largest independent elevator service provider in North America, recently introduced the AEG Elevator Maintenance Guide & Checklist. Geared toward property owners and managers, the document...
NEII Provides Code Development Updates
The National Elevator Industry, Inc. (NEII) recently provided updates on various American Society of Mechanical Engineers (ASME), Canadian Standards Association (CSA), International Code Council (ICC) and National Fire Protection Association...
Three-Tower DAMAC Bay By Cavalli Launches in Dubai
DAMAC Properties launched DAMAC Bay by Cavalli, a 42-story, three-tower luxury residential development in Dubai Harbour that blends the opulent style of the Italian designer with maritime-inspired flourishes, Construction Week...
Elevator Malfunctions Plague Connecticut Town
Elevator malfunctions, including entrapments that required fire department intervention, are plaguing the town of Stamford, Connecticut, CT Examiner reports. The source illustrated the issue by highlighting a particular high-rise residential...
NEII Shares OSHA Civil Penalty and Proposed Rules Updates
The National Elevator Industry, Inc. (NEII) recently shared information from the U.S. Department of Labor’s Occupational Safety and Health Administration (OSHA) about increased civil penalty fines and a proposed rule...
Lödige Industries Debuts Automation Module for Lift and Robots
On February 1, Germany’s Lödige Industries introduced a new automation module that allows both automated guided vehicles (AGVs) and autonomous mobile robots to interact with different lift systems to move...
Chicago Tower Nears Full Height
Construction is nearing full height for 160 North Morgan Street, a 30-story mixed-use tower in Chicago’s Fulton Market District, Chicago YIMBY reports. Set to stand 350 ft, the new high...
