Maintenance
TEI Group’s Moran Retires After 40 Years in the VT Industry
TEI Group has announced the retirement of Thomas Moran following a vertical-transportation (VT) industry career spanning four decades. Moran led TEI’s maintenance and repair department for more than 18 years....
KONE Acquires ATH Aufzüge in Southern Germany
KONE has announced the acquisition of Heilbronn company ATH Aufzüge, a southern-Germany-based elevator manufacturer with 44 employees and 1,200 completed systems, effective July 1. The acquisition is a step for...
Spain’s Ascensores Polo Integrated Into Duplex Group
Duplex Group, with a presence in 18 Spanish provinces and a lift maintenance portfolio of more than 24,000 units, is integrating Ascensores Polo, based in La Rioja in northern Spain,...
Lerch Bates and Reserve Advisors To Host “Maintenance Matters” Webinar
A case study on the impacts of neglecting modernization and maintenance of vertical-transportation (VT) systems is among items on the agenda for “Maintenance Matters: Case Studies in Deferred Maintenance and...
Maintenance on New Equipment Designs
Application of the Existing Maintenance Control Program to Machine-Room-Less Elevators Book’s second edition reflects ongoing changes in the elevator industry. Author John W. Koshak observes a “sea change” has occurred...
With Strong NE Sales, Otis Delivers Solid Q1 Results
On April 26, Otis reported first-quarter (Q1) net sales of US$3.3 billion, with 3.6% organic growth. At $0.79, earnings per share (EPS) were up 8.2% versus 2022. While Q1 net...
Schindler’s 1Q 2023 Profit Beats Analysts’ Estimates
Swiss OEM Schindler reported net profit of CHF212 million (US$237.4 million) for the 1st quarter of 2023 ending on March 31, beating analysts' estimates of CHF166.5 million (US$186.4 million), Today...
Fujitec Canada Acquires Calgary-Based Stampede Elevator
Fujitec Canada Inc. announced it acquired Calgary-headquartered Stampede Elevator Inc. on April 17. Stampede Elevator was founded in 2014 by Ian Murray and Jason Watmore, who each have more than...
The State of the Shaft
A discussion about a sometimes-overlooked component of elevator maintenance For more than 46 years, Patrick Morrissey (PM) has led ConSpec Associates Inc., based out of his home in East Haven,...
Bagby Elevator Wins Performance Award from Chevron
Bagby Elevator, one of the nation’s largest independent elevator contractors with headquarters in Birmingham, Alabama, recently received an Exceptional Performance Award from Chevron’s Pascagoula Refinery. Bagby has been doing maintenance...
