Modernization

10-Elevator Modernization by TEI for Manhattan’s Largest Office-to-Residential Conversion

TEI Group tells ELEVATOR WORLD it will modernize 10 elevators — including installation of three new units — at 235 East 42nd Street, the 33-story former Pfizer headquarters that is...

TKE To Refurbish 33 Year-Old Victoria Hall Elevator

Refurbishments for the 33-year-old elevator in Victoria Hall in Petrolia, Ontario, Canada, will take place in January 2026, The Independent reports. The Town of Petrolia is setting aside CAD118,000 (US$82,856) to fix...

Moseley Elevator Service Opens New Office, Hires VP

Moseley Elevator Service is expanding and has opened a new office serving Northeast Ohio. Additionally, Charles Kaseman joins Moseley Elevator Service as vice president (VP) to lead the new operation in...

Dallas-Based Prestige Elevator Acquires High Tech Elevator

Lift Business Advisors, Inc., announced that two Dallas-based vertical-transportation (VT) companies have joined forces with Prestige Elevator acquiring High Tech Elevator, effective February 1. Prestige Elevator President Eric Schwarzenbach described...

Metro Announces Modernization Project

The Washington Metropolitan Area Transit Authority, commonly referred to as Metro, announced the beginning of a new modernization project on February 10, reports DC News Now. The project will take place...

Illinois Garage to Get Modernized Elevator

Galesburg, Illinois, Aldermen unanimously approved nearly US$19,000 in Tax Increment Financing funding to cover a portion of the expense to modernize the elevator and replace the garage door at a...

Japan Elevator Service Holdings Opens Two Offices

Japan Elevator Service Holdings Co. Ltd. announced that it opened service offices in Wakayama and Fukuyama, Japan, on February 1 for the purpose of strengthening services to its customers, MarketScreener reports. These...

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)....