News
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...
China Outpaces Competition in Projects, Elevator Speed
The next world’s fastest elevators may be in Guangzhou; Shenzhen, Chengdu and Macao are swiftly building upward. KONE to Supply 141 Units to Chengdu Development KONE has been hired to...
New Hires
Companies bring in leaders to guide regional business. FS2 Opens Seattle Office, Names Mikkelsen Principal Fortune Shepler Saling (FS2) has opened a Seattle office, headed by Steve Mikkelsen. With the...
Projects Taking Off around the World
Huge project in Iraq among evidence of strong first quarter Hyundai Elevator Lands 1,668-Unit Deal -- Its Biggest Ever Seoul-based Hyundai Elevator Co. has secured a 1,668-unit, US$63-million contract to...
Schindler Opens Hanover Facility
Schindler announced the grand opening of its new manufacturing facility in Hanover, Pennsylvania, in February. The factory earned what the company calls “North America’s first Leadership in Energy and Environmental...
Energy-Saving Features Distinguish Malaysia, Singapore Towers
Singapore’s Marina One Residential Contract Let Schindler has been contracted to supply 34 elevators for the residential towers of Marina One, to rise at the heart of Singapore’s new Central...
