News
Russian Elevator Manufacturer To Produce Premium Units
Russian elevator manufacturer Meteor (part of S8 Capital Holding and formerly Otis) will produce premium Aurus elevators developed by the designers of Aurus cars — the Central Scientific Research Automobile...
API Group Completes Acquisition of Elevated Facility Services Group
Minnesota-headquartered APi Group Corp. on June 5 announced the completion of its previously announced acquisition of Tampa, Florida-headquartered Elevated Facility Services Group for approximately US$570 million from a fund managed...
Schindler’s Martin Joins ASME A17.1 Standards Committee
Norman Martin, a vertical-transportation industry professional with nearly 40 years' experience, has joined the American Society of Mechanical Engineers (ASME) A17.1 Elevator and Escalator Main Committee as a voting member....
KONE Part of Modernization of Iconic Thirty High in London
KONE announced on June 6 it has been selected to provide a suite of vertical-transportation (VT) solutions for the modernization of the 1960s, 101-m-tall Thirty High skyscraper (formerly Portland House)...
Ground Broken on 190-M-Tall Mixed-Use Tower in Mexico
Skidmore, Owings & Merrill (SOM), in collaboration with Mexico City-based Estudio AMA and interior designer Esrawe Studio, has revealed a new 190-m-tall mixed-use tower in Guadalajara, Mexico, which broke ground...
Lawsuit Casts Shadow Over Billionaires’ Row Supertall
A lawsuit filed by owners of condominiums in the 96-story, 1,296-ft-tall 432 Park Avenue on Billionaires' Row in Manhattan is casting a shadow over the future of one of the...
K.A. Schmersal Receives Great Place To Work Certification
Taking part in the program for the first time, Wuppertal, Germany-headquartered K.A. Schmersal GmbH & Co. KG has been awarded the Great Place to Work® (GPTW) certification, the Schmersal Group...
Otis Provides Six-Unit Elevator System for New Brooklyn Towers
Otis tells ELEVATOR WORLD it provided a six-unit elevator system for 420 Carroll Street, a two-tower residential development in Gowanus, Brooklyn, NY. Designed by FXCollaborative and developed by Domain Properties,...
Del Monte Capital Invests in Integrity Elevator Solutions
Del Monte Capital, a private equity firm specializing in growth-oriented, lower middle-market companies, has announced its growth investment in Integrity Elevator Solutions (IES). IES has become a leading independent provider...