Most New Yorkers don’t think twice about an elevator unless it's broken. But they will be forced to consider them more as thousands are due to be replaced in the coming years. In the five boroughs, ...

DETROIT, MICHIGAN, USA, April 10, 2023/EINPresswire.com/ -- Lift AI, a leading provider of IoT-enabled software for the vertical transportation industry, and Southern ...

Hitachi subsidiary Hitachi Elevator Engineering Hong Kong has received an order for 160 elevators, escalators, and moving sidewalks from Hong Kong developer, Sun Hung Kai Properties, for the Hong Kong ...

Otis Worldwide Corporation (NYSE:OTIS), a global leader in the elevator and escalator industry with annual revenue of $14.26 billion, finds itself at a crossroads as it navigates a complex market ...

Arcline Investment Management has formed Standard Elevator, an elevator components and solutions platform. The company was created as a result of five acquisitions of elevator services and installers: ...

TAMPA, Fla.--(BUSINESS WIRE)--Elevated Facility Services Group, the largest non-union independent provider of elevator maintenance, repair, and modernization services, is pleased to announce that ...

Business Strategy and Outlook Otis is the largest elevator original equipment manufacturer (OEM) by revenue globally and also boasts the highest operating profit margins of the three publicly listed ...

Otis reported an improved third-quarter 2025, with organic sales up 2% and adjusted operating profit up 6%, driven by record service margins and early signs of stabilization in new equipment. Adjusted ...