North America
EW Offices Closed for Labor Day
Happy Labor Day from ELEVATOR WORLD! Our U.S. offices are closed today, Monday, September 1, in honor of the holiday. They will reopen on Tuesday, September 2.
Maxton Manufacturing Co. Launches New Website
Maxton Manufacturing Co. launched its updated website with a fluid single cloud-based platform across the entire website on August 5. Maxton’s new website boasts quick access to all the desired information and...
EQT Announces US$2.7 Billion Tender Offer To Privatize Fujitec
BPEA Private Equity Fund IX ("EQT") is set to make a US$2.7 billion tender offer to privatize Fujitec Co., Ltd., PR Newswire reports. This marks the largest sponsor-led take-private deal in Japan year-to-date and EQT's largest...
Record-Breaking Timber Tower Breaks Ground in Milwaukee
In downtown Milwaukee, Wisconsin, developer Neutral and general contractor (GC) C.D. Smith Construction broke ground on June 16 on the future tallest timber tower in North America, The Daily Reporter is among...
VDA Expands Into U.K. With Acquisition
VDA, a leading North American vertical-transportation (VT) consultancy based in East Hanover, New Jersey, on June 23 announced its expansion into the U.K. with the acquisition of D2E International VT...
Delco Elevator Products Partners With Gustav Wolf
Delco Elevator Products has announced a new strategic partnership with Gustav Wolf Wire Ropes, marking a significant step toward enhancing wire rope availability in the North American elevator market. Known for their...
N2 Infotech Launches AI Predictive-Maintenance Solution
South Korea-based N2 Infotech has developed and commercialized a smart maintenance system that collects real-time elevator operation data and predicts component replacement cycles using AI technology, according to Pangyo Techno Valley....
Otis Appoints Armas as President U.S. and Canada
Otis announced on May 7 it has appointed Joseph Armas to the new role of president, Otis U.S. and Canada, reporting directly to Otis Chair, CEO and President Judy Marks....
Ziehl-Abegg Reports Bright Outlook for 2025
Ziehl-Abegg reported revenues of EUR893 million (US$966 million) for 2024, a drop of roughly 7% compared to the previous year. The downturn was particularly pronounced in Germany, where revenues declined...
Bucky Lift Becomes Wisconsin Marine Innovations Dealer
Bucky Lift, LLC, of Lake Hallie, Wisconsin, recently joined the dealer network of Marine Innovations, Inc., a leading manufacturer of trams and inclined elevators for North America, Central America and...
