News
A roundup of the most important ongoing projects in and around booming New York City
A Remarkable Shift in 2 WTC Design The Norman Foster-designed vision for 2 World Trade Center (WTC), the fourth and final tower at the WTC site in Manhattan, was a...
Industry Company Activity
Reorganization, partnerships, new facilities, awards and more take place around the world. ThyssenKrupp Elevator Combines Business Units ThyssenKrupp Elevator announced in the spring that it would be reducing its business...
New towers distinguish themselves as luxury construction continues its roll.
High-End Towers Fuel Increase in Construction Spending Construction spending in New York City (NYC) grew 26% in 2014 to US$36 billion, with luxury residential towers leading the way, Bloomberg reported,...
Experienced industry men hired at European firms.
Sematic Appoints Executives Italy-based Sematic Group announced appointments to its top management positions in April, naming Stefano Socci as CEO and Francesco Spotorno as chief financial officer. Before joining Sematic,...
Tall-building construction remains hot.
Details on 2 WTC Emerge Rupert Murdoch’s media companies News Corp. and 21st Century Fox are considering building a joint headquarters in a new 88-story building at the World Trade...
Company News
Announcements from industry companies range from expansions to position appointments. Wittur Announces Test Tower, Plant Expansion, Book Wittur has announced a new test tower at its production facility in Zaragoza,...
Gotham Growing
New skyscrapers, regulations are on drawing board in NYC and beyond. Otis Lands 73-Unit Hudson Yards Deal Otis has been hired by Related Cos. to provide a 73-unit vertical transportation...
Business News from around the World
Transition, forecasting and kudos mark buzzing activity. Böhnke + Partner under New Management Dipl.-Ing. Uwe Wiemer has become works manager of Böhnke + Partner Steuerungssysteme GmbH. Based in Bergisch Gladbach,...
An Array of Projects for NYC
Condos, hotels continue to multiply in the Big Apple. KONE to Handle Historic Modernization in NYC KONE has been hired to renovate 28 elevators and install four escalators and two...
Companies on the Move
An Australian firm reinforces its commitment to safety, shares are acquired, experts are hired, and a U.K. company moves into a new location. Bain Announces Wittur Acquisition Bain Capital Europe...
