Modernization
Lift Meet Up Held at Fairmont The Palm in Dubai
Members of the vertical-transportation industry gathered at the prestigious Fairmont The Palm hotel in Dubai on January 22-24 for the first LIFT MEET UP, a strategic networking event for key...
KONE’s 4Q 2024 Earnings Beat Estimate
Finnish OEM KONE posted 4th Quarter (4Q) 2024 earnings on January 30 that were above estimates and expects its adjusted profit margin to improve in 2025 and its sales to grow...
ATTA Elevators Completes Rebuild of Schindler Units in Ottawa
ATTA Elevators, a full-service independent elevator and escalator company based in Ontario, Canada, announced it has completed rebuilding two Schindler inclined moving walks in collaboration with Leading Edge Escalators (LEE)....
Chongqing Metro Line 2
Chongqing, China Escalators, Modernization Introduction Otis modernized 119 elevators and escalators on the high-traffic Chongqing, China Metro Line 2 — all without disrupting passengers. The project took more than 30...
Prudential Tower
Boston, Massachusetts, U.S. Elevators, Modernization submitted by Schindler Elevator Corp. Introduction The Prudential Tower in Boston is one of the city’s most iconic skyscrapers and its second-tallest building. The tower...
New Elevators and Escalators at Southern India Railway Station
The redevelopment of Begumpet Railway Station in Telangana, in southern India, adds new and updated elevators and escalators, the Financial Express reports. The new additions make the station more accessible to passengers...
TKE Reports Financial Results With Sales Gains Driven by EOX
TK Elevator (TKE) reported record financial results for fiscal year (FY) 2023/24 with EUR9.3 billion (US$9.6 billion) in sales and EUR1.5 billion (US$1.55 billion) adjusted EBITDA (earnings before interest, taxes,...
Year-Long Construction Closes Two Prague Metro Stations
Prague Transport Company (DPP) announced that the Českomoravská and Pankrác metro stations in Prague will close on January 6 for approximately a year for construction of extensive upgrades, reports Radio Prague...
Archi-Tread Relocating From N.J. to Florida
After operating in Boonton, New Jersey, for approximately 10 years, Archi-Tread,® Inc., is relocating its corporate office to business-friendly Florida. The shop will close during the weeks of Christmas and New...
Halifax Hospital to Get Elevator Replacement, Upgrades
Officials at Nova Scotia Health have started the multimillion-dollar process to replace outdated and out-of-order elevators at the beleaguered Victoria General Hospital in Halifax, Nova Scotia, Canada, CBC Lite reports. The hospital’s...
