News
Savage Wright Group Acquires PTL Equipment
Independent investor Savage Wright Group announced on May 1 it has acquired PTL Equipment, a provider of elevator and escalator fixture components to the U.S. and international markets. The acquisition...
Group in Switzerland Unveils Tallest Timber Building
The designing group Schmidt Hammer Lassen recently revealed its plan behind construction of a wood-framed building project, a 100-m residential building in Winterthur, Switzerland, that, when complete, would be the...
Apartment Elevator Being Serviced in Tennessee Falls 11 Floors
The Knoxville, Tennessee, Fire Department responded to an apartment complex on April 26 after an elevator fell 11 floors, WVLT reports. According to officials, no one was injured. The elevator,...
KONE Reports First-Quarter Earnings, Order Intake
KONE said its overall order intake was up after it posted weaker-than-expected first-quarter core earnings and trimmed its full-year outlook on the back of supply chain constraints and a decline...
Schmersal Böhnke + Partner Showcase Jeeves Robot API for Lifts
With social-distancing requirements of the pandemic in mind, Schmersal Böhnke + Partner showcased a software application programming interface (API) it developed with Robotise AG, manufacturer of the JEEVES® service robot,...
Plans Submitted for 50-Story Birmingham, U.K., Tower
Developer Cordia Blackswan has put forward plans for a 50-story build-to-rent tower in Birmingham, U.K., Architects’ Journal reports. The developer has claimed the tower would be the tallest in Birmingham....
Schindler Announces 1Q Profits Drop But Beats Estimates
Schindler reported on April 22 a drop in first-quarter net profit but beat the consensus forecast despite supply chain woes, cost inflation, coronavirus lockdowns and market contraction in China, according...
Miller Named Schmersal Business Development Manager, Elevators
Ray Miller was recently named business development manager, elevators, for Canada and the U.S., at The Schmersal Group. Previously, Miller held various positions at Draka Elevator: director of sales —...
Otis Reevaluating Its Future in Russia
Elevator manufacturer Otis Worldwide Corp. announced on April 25 it is reevaluating its future in Russia amid the ongoing war in Ukraine, WGAU is among outlets to report. In an...
18-Story Residential Tower Approved for North East London
HAL Architects has won approval for an 18-story build-to-rent apartment tower in Walthamstow town center in North East London, Architects’ Journal reports. The high-rise development will replace a pair of...
