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,...
NIST Study Focuses on Disabled in Emergencies
National Institute of Standards and Technology (NIST) has published a study with findings based on the concerns, insights and opinions of people with mobility impairments. The institute believes that the...
LAX Mod Plans Include 2.25-Mi.-Long APM Line
A US$5-billion Los Angeles International Airport (LAX) modernization is scheduled to reduce congestion, redistribute traffic and improve access to what The Daily Breeze calls “the world’s seventh-busiest airport” and “the...
NYC Remains Vibrant
Major high-rise projects throughout the boroughs create a wealth of opportunity. Hudson Yards Centerpiece, Residential Tower Hudson Yards on Manhattan’s West Side was abuzz with activity in September, with the...
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...
Renderings of San Francisco Project Released
Foster + Partners has released new renderings of Oceanwide Center, a pair of 605- and 850-ft.-tall towers planned in San Francisco’s South of Market neighborhood downtown, dezeen reported. Together, the...
