China
Q1 Profit, Orders Buoy KONE Outlook
Strong modernization demand, a thriving service business and the easing of supply chain disruptions brought about by the COVID-19 pandemic contributed to Finnish OEM KONE's first-quarter (Q1) profit beating market...
Otis Announces Made to Move Communities Student Challenge Winners
On April 19, Otis announced the winning teams of its third annual Made to Move CommunitiesTM Student Challenge, which paired volunteer mentors from Otis with 230 students across 15 countries...
Otis Volunteers Help Students Innovate To Mitigate Climate Change
Farmington, Connecticut-headquartered global OEM Otis recently highlighted an effort that involved more than 180 Otis volunteers and more than 230 students from 15 countries and territories brainstorming ways to mitigate...
Interlift 2023 Shaping up to Return to 2019 Levels
Trade fair organizer AFAG Messen und Austellungen GmbH said on March 16 that interlift 2023, planned on October 17-20 at Augsburg Trade Fair Centre in Augsburg, Germany, is shaping up...
Lödige Industries Debuts Automation Module for Lift and Robots
On February 1, Germany’s Lödige Industries introduced a new automation module that allows both automated guided vehicles (AGVs) and autonomous mobile robots to interact with different lift systems to move...
KONE to Cut Up To 1,000 Jobs Globally
As part of an organizational restructuring announced on January 26 with its latest earnings, KONE said it will cut up to 1,000 jobs globally — 150 in its native Finland,...
KONE to Renew Operating Model in Changing Environment
Effective July 1, KONE plans to implement a revised operational structure and executive board to "increase its competitiveness and customer focus in a changing operating environment." The aim, KONE said,...
interlift 2023 Expects More Joint Participation
AFAG Messen, organizer of interlift 2023 on October 17-20 in Augsburg, Germany, expects more joint participation than in 2019, as well as several countries that will be represented in new...
Parts Ordered for VT Maintenance at Malaysia Transit Stations
Rapid Rail Sdn Bhd, operator of the rapid transit system serving Kuala Lumpur and the Klang Valley area in Malaysia, announced that it has ordered the spare parts needed to...
Opening New Vistas
Soaring scenic elevators by Suzhou Rhine Lift are a catalyst for tourism in southwestern China. by Jiang Limingphotos courtesy of Suzhou Rhine Lift Manufacture, Co. Shennu Stream is an important...
