News
Companies Thriving in China
Mitsubishi Electric, Symax, ThyssenKrupp Elevator and others are succeeding in the world’s largest vertical-transportation market. Mitsubishi Electric Expands Facilities, Capacity in China Mitsubishi Electric’s Chinese subsidiary Mitsubishi Electric Shanghai Electric...
Company Activity
KONE and MVT expand facilities. KONE Announces New Texas Factory KONE announced in September that it will build a new light-manufacturing and testing facility and add 80 new positions as...
Middle East Happenings
A new plant for Kazakhstan and yet another luxury, mixed-use tower in Dubai are on the drawing boards. New Elevator Plant in Kazakhstan A Kazakh-Chinese joint venture, Sky Express Elevator...
Company Moves
NAESA names education administrator, and employees assume new roles at Ron Farley, Peelle and Lerch Bates. New NAESA Administrator, Scholarship Recipients, Address NAESA International has hired Amy Crass as its...
Supertall Towers around the World
Record-breaking buildings planned for Malaysia, China and Australia. KONE Tapped to Outfit Malaysia Tower with 105 Units KONE has been hired to provide 105 elevators and escalators to KL118, a...
Innovation Industries, Independence Elevator, Stiltz and Man-D-Tec see acquisitions, launch and expansions.
Innovation Industries Buys Monitor Controls Halma plc announced its divestment of Monitor Controls, part of its Infrastructure Safety sector, in June. The elevator-fixture manufacturer was sold to Innovation Industries Inc....
Big Gains for KONE
Important contracts and awards for KONE as it expands in the Middle East 65 Units, Maintenance for Future World’s Tallest KONE has landed a contract to outfit the mixed-use Kingdom...
Acquisitions, New Offices
Innovation Industries and D & D Elevator purchase other companies; Wurtec and KONE open new offices. Innovation Industries Buys Monitor Elevator Products Innovation Industries, Inc. of Russellville, Arkansas, has completed...
Business moves of all kinds around the world
Mitsubishi and Partners Establish Company in Myanmar Mitsubishi Corp. and its partners have established MC Elevator Ltd. in Myanmar in an effort to strengthen their foothold in a sovereign state...
Industry Action
New hires, acquisitions, expansions and foreign investment among recent goings on. ATIS Makes Key Acquisitions ATIS Elevator Inspections, a subsidiary of American Testing & Inspection Services in St. Louis, made...
