Maintenance
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...
UW Elevator Vandalism Causes Issues
Throughout January, the elevators connecting Odegaard Undergraduate Library to the underground parking garage at the University of Washington (UW) in Seattle were repeatedly vandalized, causing them to close for extended...
ATTA Elevators Acquires Ryzure Elevator Inc.
ATTA Elevators, headquartered in Ontario, Canada, announced the acquisition of Ryzure Elevator, a full-service elevator company focused on maintenance, modernization and new construction installations, in January. Ryzure Elevator, based in...
AEG Introduces Elevator Reference Guide and Checklist
American Elevator Group (AEG), the largest independent elevator service provider in North America, recently introduced the AEG Elevator Maintenance Guide & Checklist. Geared toward property owners and managers, the document...
Inaugural GEE in Milan Spurs Strong Interest
The inaugural Global Elevator Exhibition (GEE), planned on November 15-17 at Fiera Milano in Milan, Italy, is seeing strong interest, with at least 25 companies planning to participate as of...
Elevator Issues in India Government Hospitals Focus of Inspection
Public Works Department (PWD) officials have inspected the elevators installed at government hospitals in rural and urban areas of the state of Chennai in India after Health Minister Ma Subramanian...
