new installation
Schindler: Local Sourcing Means No U.S. Steel Tariff Hit
Paolo Compagna, CEO of Switzerland-based Schindler, told Reuters in February that most of what the company manufactures at its plants in North Carolina and Pennsylvania uses materials that are sourced and produced...
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...
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...
TKE Spotlights Universal Service Platform in Thailand
TK Elevator (TKE) recently spotlighted how its Universal Service platform ensures accessibility for metro and railway systems in Thailand. The OEM currently services more than 740 elevators and escalators at...
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,...
Liftech Elevator Partners With Axxiom Elevator
Liftech Elevator has partnered with Axxiom Elevator, a rapidly expanding independent elevator services company doing business across Arizona, California, Florida and the Washington D.C. area. Liftech Elevator Service was founded in...
Naylor Joins Manchester, U.K.-Based Sheridan Lifts
Sheridan Lifts Ltd., headquartered in Manchester with offices in the Midlands and South, recently welcomed Matt Naylor to its growing New Lifts department. With a primary focus on new installation...
Fujitec Receives Order for 138 Escalators for Shenyang Subway
Fujitec Co., Ltd. announced on August 6 it received an order through its Chinese subsidiary, Huasheng Fujitec Elevator Co., Ltd., to supply 138 escalators for Metro Line 3 in Shenyang,...
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...
