KONE
TKE Considering US$22.7-Billion IPO in U.S. in 2026
Germany’s TK Elevator (TKE), the fourth-largest elevator maker in sales behind U.S.-based Otis, Switzerland’s Schindler and Finland-based KONE, is considering an initial public offering (IPO) in the U.S. in 2026, Reuters reports....
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...
ESI Names Regional Sales and Business Development Manager
Elevator Systems, Inc. (ESI) announced it named John Ghosn sales and business development manger for Chicago and the Midwest. With more than 30 years' experience in field sales and branch...
Four New KONE Escalators Coming to London DLR Station
Four new energy-efficient escalators connecting the three floors of the Cutty Sark Docklands Light Railway (DLR) station in south-east London are expected to be in service by next spring, Rail...
KONE To Provide Escalators for Paris Metro Extension
KONE announced on April 3 it won an order to provide at least 84 escalators for five suburban stations on line 15 West of the Grand Paris Express Metro network....
Forte Completes Yankee Stadium Escalator Replacement
Forte Construction Corp. announced it completed a crucial escalator replacement at a key NYC Metropolitan Transportation Authority (MTA) station at the historic Yankee Stadium in Bronx, NY, just ahead of...
In Memoriam: Richard Thomas Dalvano
Richard Thomas Dalvano, longtime owner of Barist Elevator Co., Inc. of Deer Park, NY, passed away on February 24 at age 88. Dalvano served as a helper, then a mechanic,...
ATTA Elevators Names Paquette VP of U.S. Operations
ATTA Elevators announced on March 19 it named Geoff Paquette as vice president (VP) of U.S. operations, responsible for overseeing all business operations, recruitment and the continued growth of the...
ATTA Elevators Expands to Portland, Oregon
ATTA Elevators announced on March 1 the opening of its Portland, Oregon, office. Leading the new office is vertical-transportation (VT) industry veteran Maria Ortiz, who joins ATTA as regional vice...
KONE BoD Members Elected After AGM
At a meeting held after the Annual General Meeting (AGM) in Helsinki, Finland, on March 5, the KONE Board of Directors (BoD) elected from among its members Antti Herlin as...
