Construction

Otis Cuts Sales View With Slowdown in China and U.S.

Otis Worldwide lowered its 2024 net sales forecast on July 24 on softening demand for its new equipment from North America and China, Reuters reports. The company expects its full-year...

EW Partners With Chicago Build, “Biggest Festival of Construction in the Midwest”

ELEVATOR WORLD is partnering with Chicago Build, an event planned on October 22-23 at McCormick Place convention center in Chicago that promises to bring together more than 30,000 architecture, engineering...

BMC, IR Team Up To Secure Exposed Elevator Pit in India

Brihanmumbai Metro Corp. (BMC) and Indian Railways (IR) teamed up to secure an exposed lift pit in Mulund, a northeast suburban of Mumbai, India, within 24 h of the publication...

CTBUH Announces 2024 Award of Excellence Winners

The Council on Tall Buildings and Urban Habitat (CTBUH) recently announced its 2024 Award of Excellence winners, more than 100 of the most exemplary projects in the architecture, engineering and...

Construction Resumes on Future World’s Tallest Jeddah Tower

Outlets including Architectural Digest (AD) report that construction has resumed on Jeddah Tower in Jeddah, Saudi Arabia, which, at 3,281 ft, promises to be the world's tallest tower once completed...

Thea Bowman House Breaks Ground on Elevator Construction

Thea Bowman House in Utica, NY, held a groundbreaking ceremony on April 3 to kick off the installation of a new elevator at its DeSales Center, The Central New York...

KONE Scouting for Small Services Companies

Finland-based KONE Corp. is scouting for acquisitions of small services companies across the world, KONE Global President and CEO Philippe Delorme told reporters while participating in KONE India’s 40th anniversary...

Otis Ranked Fifth in Construction in Most Trustworthy List

Otis has been named to Newsweek’s list of the Most Trustworthy Companies in America for the second year in a row. Otis ranked fifth out of 20 companies in the...

Office-to-Residential Conversion Trend Spreads to Houston Suburbs

As it wraps up a US$100-million office-to-residential conversion at the 20-story 1801 Smith Street tower in downtown Houston, Tampa, Florida-based DeBartolo Development is looking beyond the city center for its...

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...