Manufacturing
Mayar Inks Agreement With China’s Shenyang Yuanda
Riyadh, Saudi Arabia-headquartered Mayar Holding Co. subsidiary Gulf Elevators & Escalators Co. signed a partnership agreement with China's Shenyang Yuanda Intellectual Property Group Co., Tadawul reports. Under the agreement, Mayar will produce...
Hyundai Elevator Turns Away from Chinese Escalator Imports
With K-Escalator, its new joint venture (JV) with small and medium-sized enterprises (SMEs), opening in September in Gyeonggi Province, South Korea's Hyundai Elevator is reducing its reliance on escalators and...
Otis Realizes Opportunities Through China VT Renewal
U.S.-based OEM Otis is realizing vast business opportunities through China's vertical-transportation (VT) renewal programs, particularly local governments' plans to modernize more than 40,000 residential elevators that are older than 20...
Otis India Expanding Bengaluru Manufacturing Capabilities
Otis India announced on August 28 it is expanding the capacity and capabilities of its Bengaluru manufacturing facility. The expansion will help Otis India meet growing demand for elevators and...
MAD Elevator Expands to U.S. With Dallas Area Facility
MAD Elevator Inc., headquartered in Mississauga, Ontario, Canada, is expanding to the U.S. with a new manufacturing facility in the Dallas, Texas, area. MAD Marketing Manager Anupa Simon tells ELEVATOR...
TKE Shareholders Appoint New Supervisory Board Member
Shareholders of TK Elevator GmbH (TKE) announced they have appointed Isabel Hartung to TKE's Supervisory Board. Hartung's business experience includes nearly seven years at TRUMPF SE + Co. KG, a...
Fujitec India Training Institute Authorized as a JIIM
The Fujitec JIM training institute in Chennai, Tamil Nadu, India, established by Japan's Fujitec Co. Ltd. in November 2023, has been authorized as a Japan-India Institute for Manufacturing (JIIM) by...
Otis Brazil Factory Receives ISO 45001 Certification
Otis Brazil’s factory in São Bernardo do Campo recently received ISO 45001 certification, an international standard that specifies the requirements and good practices for effective occupational health and safety management...
LIEMA: More Than 90% of Iran VT Components Domestically Made
More than 90% of the components and parts used in elevators and escalators in Iran are domestically made, Lift and Escalator Component Manufacturers Association of Iran (LIEMA) Head Samad Shafahi...
Turkmenistan To Ramp Up Elevator Production
Deputy Chairman of the Government of Turkmenistan Baymyrat Annamammedov said during a June 22 meeting of the Cabinet of Ministers that facilities for both producing and repairing elevators will be...
