News
Otis Appoints Lopez As Southeast Asia MD
Otis Worldwide Corp. has announced the appointment of Nicolas Lopez as managing director (MD) of Southeast Asia, overseeing operations across Singapore, Malaysia, Indonesia, Thailand, Vietnam and the rest of the ASEAN...
French Elevator Federation Calls For Delay in Network Shutdown
France's Elevator Federation (Fédération des Ascenseurs) has asked for the shutdown of the country's 2G and 3G networks to be delayed as the networks are still being used by elevator...
Ohio Announces New Licensing Rules for Elevator Professionals
The Ohio Department of Commerce announced on November 1 that those who install, service or maintain elevators, escalators, moving walks, wheelchair lifts or other conveyances in the state have until November 1,...
Nine-Elevator Otis System for Pennsylvania Hospital Expansion
Otis will provide nine elevators, including five Gen3 PeakTM and one Gen3 EdgeTM units, for Luke's University Health Network's Anderson Campus hospital in Bethlehem Township, Pennsylvania, Otis Chair, President and CEO Judy...
Mayar Inks Agreement With China’s Shenyang Yuanda
Riyadh, Saudi Arabia-headquartered Mayar Holding Co. subsidiary Gulf Elevators & Escalators Co. signed a partnership agreement with China's Shenyang Yuanda Intellectual Property Group Co., Tadawul reports. Under the agreement, Mayar will produce...
Stannah Raises Funds for UK Lift Industry Charity
Stannah, a leading U.K. lift specialist established in 1867, announced that 32 of its colleagues participated in a thrilling and challenging charity abseil (rappel) at the iconic Northampton Lift Tower...
Southern Elevator To Support Hurricane Helen Relief
The Southern Elevator Co. will support relief efforts for North Carolina citizens affected by Hurricane Helene by leveraging its NASCAR partnership with Ryan Ellis and Alpha Prime Racing and encouraging...
Innovatec India Obtains Certification For Door-Locking Devices
Innovatec India Pvt. Ltd. recently obtained certification for its landing door-locking devices for the first time, enabling CE marking in full compliance with Directive 2014/33/EU. The achievement marks a significant...
Otis Faces Below-Expected 3Q Earnings, Cuts 2024 Projection
The Dow Jones reports that Otis posted third-quarter (3Q) earnings of US$540 million, or US$1.34 a share, up from US$376 million, or US$.91 a share, a year earlier. Excluding certain...