U.S. News
Hyprlift Inc. Closes First Private Funding Round
Silicon Valley-based tech startup Hyprlift Inc. closed its first private funding round for an undisclosed amount in December 2023. The largest investment came from Johnson Lifts, Pvt. Ltd., India’s largest...
PAPL Corp. Announces U.S. and Singapore Subsidiaries
PAPL Corp. President and CEO Krishna Kumar Ravi announced in February the opening of U.S. subsidiary PAPL Inc. and Singapore subsidiary SINGAPORE PTE LTD. PAPL Corp. has operated for 17...
Bids for Maryland Renovation Project Come in Over Budget
Bids for an elevator and escalator reconstruction project at the Roland E. Powell Convention Center in Ocean City, Maryland, came in over the US$1.74-million budget, OC Today reported in January....
Jay Zamal Retires from Unitec
UNITEC recently announced on LinkedIn the retirement of Jay Zamal in February. Zamal has more than 34 years of Otis experience and parts knowledge having worked in warehouse operations, electro-mechanical...
NAEC To Host Zoom Meet & Greet, Continues Recruitment Drive
The National Association of Elevators Contractors (NAEC) will host a Valentine’s Day Virtual Meet & Greet on February 14 at 2 p.m. EST. Organized to celebrate the industry and the...
Otis Modernizing 16 Elevators at JPMorgan Chase Building in San Francisco
Otis was awarded a comprehensive modernization contract that includes 16 elevators serving the JPMorgan Chase building at 560 Mission Street in San Francisco, Otis President, Chair and CEO Judy Marks...
Otis Named a World’s Most Admired Company by Fortune
Otis has been recognized as one of the World’s Most Admired Companies for 2024 by Fortune magazine, based on survey responses from more than 3,700 business leaders and industry analysts....
Champion Elevator Names Ruddy President of Modernization & Construction
NYC-headquartered Champion Elevator has named Alexandra Ruddy president of its Modernization & Construction division. Joining Champion in 2022, Ruddy has held leadership positions in the company's Operations, Modernization and Construction...
Elevator Security Cameras at Hoboken University Prompt Debate
Security cameras — including in dormitory elevators — throughout the campus of Stevens Institute of Technology in Hoboken, New Jersey, are prompting debate with some students expressing privacy concerns, student...
NYC Mayor’s State of the City Address Bullish on Construction
NYC Mayor Eric Adams’ third State of the City address on January 24 laid out a vision focused on safety, education, jobs, sustainability and more, and the creation of new...
