Modernization
Bookings Now Open for LIFTEX 2025 in London
Exhibition bookings have opened for LIFTEX 2025 with strong support from Lift and Escalator Industry Association (LEIA) members, following the success of the 2022 event. LIFTEX is the tri-annual trade...
Order, Revenue Growth in 2023 Buoy Schindler’s 2024 Outlook
A continuing "trajectory of enhanced profitability and sustainable growth" in 2023 despite challenging market conditions, as well as a revamped business strategy focused on customer service, have Swiss OEM Schindler...
Champion Elevator Secures US$6-Million Modernization Contract in Bronx, NY
Champion Elevator Corp. announced it has been awarded a US$6-million, 22-week modernization job for the garage elevators at Co-Op City in Bronx, New York. Led by Robert Masterson, Frank Feniello...
Otis Indonesia To Modernize 10 Elevators at Jakarta Hotel
The Otis Indonesia team will undertake the comprehensive modernization of 10 elevators at the Hotel Borobudur Jakarta. Otis will install Gen2® units selected to further enhance the “artistic ambiance” of...
Otis Modernizing 16 Elevators at JPMorgan Chase Building in San Francisco
Otis was awarded a comprehensive modernization contract that includes 16 elevators serving the JPMorgan Chase building at 560 Mission Street in San Francisco, Otis President, Chair and CEO Judy Marks...
Champion Elevator Names Ruddy President of Modernization & Construction
NYC-headquartered Champion Elevator has named Alexandra Ruddy president of its Modernization & Construction division. Joining Champion in 2022, Ruddy has held leadership positions in the company's Operations, Modernization and Construction...
Major Otis Contracts in China and Hong Kong SAR
Otis President, CEO and Chair Judy Marks announced during a January 31 earnings call that the company is handling a new-equipment contract in Chongqing, China, and a modernization contract in...
Soviet-Era Elevators Pose Dilemma in Latvia
Many of the approximately 7,000 elevators in Latvia, including around 5,000 in the capital, Rīga, are from the Soviet era and are probably roughly 50 years old, prompting authorities to...
Otis Modernizing VT for EMEA Icons Burj Khalifa and Eiffel Tower
Otis will be modernizing vertical-transportation (VT) equipment at two iconic structures in the Europe, the Middle East and Africa (EMEA) region: the Burj Khalifa in Dubai and the Eiffel Tower...
Benoit Joins TEI Group as Southeast Regional VP of Sales
TEI Group, headquartered in NYC, announced on January 29 that Danny Benoit has joined the team as Southeast regional vice president (VP) of sales. Benoit comes to TEI with 11...
