News

Mediterra Invests in Turkey’s Arkel

Mediterra Capital, a private equity investor of leading companies in Turkey’s elevator-technology sector, has bought a majority stake in Arkel. Arkel has been developing elevator safety, comfort, electronic-control and motor-driver...

Manchester, London are sites of future tall buildings.

Tallest Buildings in U.K. Outside London Rising Owen Street, consisting of four buildings ranging from 37 to 64 stories, is being developed by Renaker Build in Manchester, skyscrapernews.com reported. Upon...

Final Two Skyscrapers for Moscow City

Renaissance Development aims to complete Neva Towers, the final two skyscrapers in Moscow’s International Business Center (Moscow City), by 2019, ArchDaily reported. Designed by a team consisting of HOK and...

Equipment, towers for Ottawa, Vancouver, Montreal and Halifax

Otis Canada Awarded Ottawa LRT Contract Otis Canada has been tapped by Ottawa Light Rail Transit (LRT) Constructors to provide 54 and modernize two elevators for the O-Train Confederation Line,...

Global companies acquire, discuss strategies.

Alimak Acquires Avanti Wind Systems Alimak Group has acquired Avanti Wind Systems, a supplier of service lifts for wind turbine towers worldwide. Established in 1885 and with factories in Brazil,...

Tall buildings multiply throughout boroughs.

Two Bridges Neighborhood Sizzles The Two Bridges neighborhood on the Lower East Side is bustling with activity with at least four towers on the drawing board in what has been...

Acquisitions and an expansion

Ohio-Based Canton under New Ownership Canton Elevator, Inc., of North Canton, Ohio, has been acquired by Nidec Motor Corp., the St. Louis subsidiary of Nidec Corp. of Japan. Nidec noted...

Atlanta Project to Include 32-Story Office Tower

Atlanta-based Selig Development Corp. aims to start construction by the middle of the year on a mixed-use development that includes a 32-story office tower, Shopping Center Business reported. The US$400-million...

St. Louis’ Tallest Residential Building Planned

One Hundred, a 36-story, 385-ft.-tall tower in St. Louis’ Central West End is expected to start taking shape this year and be complete by 2019, the St. Louis Post-Dispatch reported....

Organizations, mobility company have new leaders.

Day Hired as NAESA Education Director NAESA International has announced the hiring of Jack Day, formerly chief elevator inspector of the State of Washington. Day has assumed the full-time role...

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Global Space Elevator Challenge to Kick Off at June Event

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Otis Puts Bloomfield Facility Up for Sale

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TK Elevator Presents Advanced Solutions at UITP Summit 2025

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SkillsUSA NLSC Introduces Students to Elevator Industry Careers

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Otis To Provide Elevators and Escalators for Malaysian Residential Tower