U.S. News
Otis Acquires Eight Urban Elevator Locations
Otis acquired eight Urban Elevator Service locations in the U.S., Maven Group, which served as financial advisor to Urban Elevator, announced on April 21. All eight locations will be under...
ACME Home Elevator Responsibility Shifts From Stannah to Arrow
Stannah, the U.K.-based home accessibility leader, and Arrow Lift, with four California, U.S., locations, announced in March responsibility for ACME Home Elevator's home elevator and repair business in central and...
Express Elevator Acquires Ascend Elevator
Express Elevator has announced the acquisition of Ascend Elevator, an independent elevator service provider based in Brown Deer, Wisconsin. This strategic acquisition strengthens the company’s presence in the Milwaukee area. Express...
New Jersey Transit BoD Plan To Replace Escalators
The New Jersey Transit Board of Directors (BoD) contracted Hall Construction Co. for parts fabrication and installation for two new escalators at Hamilton Station in Trenton, New Jersey, on March...
TEI Group Awarded Major 30-Unit Contract at The Torch
NYC-headquartered TEI Group announced on April 17 it has been awarded a major 30-unit contract at The Torch, a supertall hotel skyscraper also known as 740 Eighth Avenue that will...
Axxiom Elevator Completes Acquisition of Evolution Elevator
South Florida-headquartered Axxiom Elevator completed its acquisition of Evolution Elevator & Escalator Corp., based in Staten Island, NY, with offices in Fort Lauderdale, Florida, Maven Group, which facilitated the deal,...
Unitec Announces Temporary Closure
Unitec Parts Co., the OTIS OEM provider headquartered in Bloomfield, Connecticut, announced it will close temporarily on April 17-18. Unitec, a provider of top-quality elevator and escalator replacement parts for...
Port San Antonio BoD Move Innovation Tower to Finalization Phase
The Port San Antonio Board of Directors (BOD) in San Antonio, Texas, unanimously approved US$7.5 million to move its Innovation Tower project from its preliminary phase to the finalization of...
“MEGA” Bill Passes First Reading in NC House
House Bill 559, also named “Make Elevators Great Again (MEGA),” was filed in the North Carolina House on March 27, CBS 17 reports. The bill aims to adjust fees higher for inspections...
Mensinga Promoted to GM at Fujitec Chicago
Kevin Mensinga was recently promoted from his previous operations role to general manager (GM) at Fujitec Chicago. Mensinga is an accomplished GM with extensive experience in both sales and operations...
