Elevators
Global IoT Elevator Market Expected To Continue To Grow
Fact.MR forecasts the global Internet of Things (IoT) elevator market is set to reach US$93.9 billion by the end of 2022-2032 with a compound annual growth rate (CAGR) of 13.4%....
Agreement Signed To Market Saudi Elevator Products in Iraq
Saudi Arabia’s Mayar Holding Co. announced on December 20 it signed a contract with an Iraqi firm to market and maintain its elevator products in the country, Zawya reports. In...
ESI Announces Sixth Add-On Acquisition
Elevator Service LLC (ESI) has acquired Allrise Elevator Co., a leading independent service provider in the greater St. Louis market. This investment is ESI's sixth add-on acquisition in the last...
Otis Makes Wall Street Journal Top List for First Time
Otis has been named to the Wall Street Journal’s Management Top 250 for 2023. This is Otis’ first year on the annual list, with notable recognition for financial strength and...
Axxiom Elevator Expands Southwest Presence With Acquisition
After acquiring Arizona Elevator Services, Fort Lauderdale, Florida-based Axxiom Elevator has further expanded its Southwest presence by acquiring IronHawk Elevator, based in Tucson, Arizona, and serving southern Arizona and western...
Intern Dies in Nigeria Elevator Incident
An 18-year-old male student of the Lagos State Skills Acquisition Centre Technical School, Egan, Nigeria, died in an elevator accident at a construction site in the state’s Ikoyi area where...
BART To Allow Bikes on Most Escalators Across Facilities
San Francisco, California’s Bay Area Rapid Transit (BART) will allow bicycles on most escalators across the transit system beginning January 1, 2024, Hoodline is among outlets to report. The rule...
Nigeria Urbanization Surge Increases VT Demand
Engr. Oluwole Dada, vertical transportation (VT) manager, Building Services Division, at PPC Ltd. has noted that recent challenges in Nigeria have brought to light the need for innovation and excellence...
Orlando Elevator Promotes Heskett to VP of Sales
Gerry Heskett has been promoted to vice president (VP) of sales at Orlando, Florida-headquartered Orlando Elevator, General Manager Chris Rivera announced. Heskett has more than four decades in the elevator...
Otis India Provides 107 Units to BLR Airport’s T2
Otis India, a subsidiary of Otis Worldwide Corp., announced on December 18 it provided 107 units to the newly inaugurated Terminal 2 (T2) at Kempegowda International Airport (Bengaluru [BLR] Airport)...
