Issue 1024 | 12/6/2023 | Currently reaching 35K Global contacts | | | | | ELEVATOR WORLD'S December Issue | On the Cover: G-Tech Elevator Provides System for New Queens Tower Features: Full House; The 2023 Ellies Awards Winners; 14th Symposium on Lift and Escalator Technologies Focus on Mergers and Acquisitions: A Comprehensive Guide; A Look at M&A Trends; M&A in North America; Making Winners; Strategic Elevations Columns: Building Safety Habits; Merry and Bright; Where Are All the Startups?; Big News for interlift; Rising Higher Together; ELEVATOR WORLD Turns 60; DPR — Nusantara I Tower; First Principles and Ropeless Lifts; Saudi Arabia's Emerging Expo; Limitless Opportunities; Fundamentals of Traffic Analysis | | | Lift Business Advisors in the last 3 years has successfully represented the sellers of more than 25 elevator contractors and suppliers in the elevator industry to a broad range of acquiring companies. Since our inception in 1998, we have provided hands on support to help improve profitability and optimize value for an eventual exit. Contact Jeff Eaton for a confidential discussion and complimentary strategic review. www.liftbusiness.com, jeff.eaton@liftbusiness.com | | | EW TO FOCUS ON SUSTAINABILITY ELEVATOR WORLD's February 2024 issue will focus on Sustainability and will feature Continuing Education with bonus distribution at Smart Lift & Mobility World 2024 in India in March. The article submission deadline is December 15, and the advertising deadline is January 2. To participate or for more information, contact the EW Editorial Department at phone: 251-479-4514, ext. 30 or editorial@elevatorworld.com. To advertise, contact ext. 31 or advertising@elevatorworld.com. EW ANNOUNCES 2024 PROJECT OF THE YEAR WINNERS ELEVATOR WORLD proudly announces the 2024 Project of the Year winners. Expert teams in Canada, the U.S., the U.K., Singapore and the Middle East emerged victorious by successfully completing challenging, rewarding vertical-transportation (VT) projects in eight categories featuring office buildings, public transit systems, private residences, a hotel and a university. This year's winning projects are outstanding, and we heartily congratulate all the companies and teams involved. They are, in Elevators, New Construction, Schindler Elevator for National Bank in Montreal, Canada; Elevators, Modernization, TK Elevator for The Humboldt Bank Building in San Francisco, California; Escalators, New Construction, Otis for the Elizabeth Line of the London Underground in London, U.K.; Escalators, Modernization, Otis for the Singapore Mass Rapid Transit North-South and East-West Lines; Inclined Lifts, Hill Hiker, Inc., for an inclined lift system in Dubai, U.A.E.; Platform Lifts and Stairway Chairlifts, Day Elevator & Lift for an accessibility system at Columbia University in NYC; Private-Residence Lifts, Global Tardif Elevator Manufacturing Group for an elevator serving a home in Calgary, Canada; and Special-Purpose Lifts, Eshel Lifts Ltd. for an elevator system serving a hotel in Nahariya, Israel. | | | Now Hiring at Kings III (Remote): Partner Channel Manager. Approximately 30% travel. Up to $100K + Bonus. Our Partner Channel Manager will be responsible for two primary objectives that support our sales representatives; sourcing and securing additional partners and developing/executing action plans to drive incremental growth from existing partners. | | | TEI GROUP WELCOMES VP OF SALES AND MARKETING Long Island City, New York-based TEI Group has announced the hire of Jeff Smith as vice president of Sales and Marketing. His first day with the TEI team was December 4. Smith brings more than two decades of experience in the vertical-transportation industry to his new role. Previously, he worked for Smartrise Engineering and TK Elevator. During his 20-year tenure at TKE, Smith held roles such as senior Sales manager, Manhattan, and director of New Installation Sales, northeast region. | | | TKE ACQUIRES REGIONAL ELEVATOR TK Elevator (TKE) has acquired Regional Elevator, one of the largest independent elevator companies in Ottawa-Gatineau, Canada. TKE Americas CEO Jeremy Rainwater said the acquisition will allow TKE to continue providing support and solutions in Ottawa. Read more here | | | Maven Group, LLC is the premier choice for owners of independent elevator companies who consider selling their business. We understand the daily challenges of independent companies and we know what buyers are looking for. To maximize your return, we provide hands-on help when you prepare for the complex mergers & acquisitions process. For confidential advice, please contact Dominik Sachsenheimer at dominik@mavenelevator.com / 561-225-3320 or Bill Beaury at bill@mavenelevator.com / 239-253-4500; www.mavenelevator.com | | | MY ELEVATOR SERVICE ANNOUNCES MODERNIZATION SERVICES FOR SMALL BUILDING OWNERS Connecticut-based My Elevator Service has launched a new five-step elevator modernization service called R.E.N.E.W. to help small building owners upgrade their aging elevator systems. My Elevator Service owner Chris Bowler said the service was developed in response to clients' request for guidance on affordable options for elevator modernization. Read more here | | | WITTUR MEXICO BREAKS GROUND ON FACILITY EXPANSION Wittur Mexico, a leading global provider of elevator components and solutions, marked a significant milestone in its expansion plans with a groundbreaking ceremony for its 5,000-m2 state-of-the-art manufacturing facility expansion in Monclova, Mexico. The event took place on October 18 and was attended by key stakeholders. Read more here | | | Draka EHC, a brand of Prysmian Group, is a global manufacturer and supplier dedicated to sustainability and developing innovative solutions for the vertical transportation industry. Our diverse portfolio of high-quality elevator products includes travelling cable, compensation cable, hoistway cable, wire rope, coated steel rope, rope brakes, wireway, harnessing, and lubricants. For escalators and moving walks we offer essential handrail solutions, field splicing services, skirt brushes, rollers, replacement parts and more. Elevator & Escalator Solutions Catalog | www.DrakaEHC.com | | | INDIA'S HYBON ELEVATORS OPENS CHANDIGARH EXPERIENCE CENTER Hybon Elevators and Escalators recently announced the inauguration of its Experience Center in Chandigarh, India, strategically positioned in the thriving tri-city area of Chandigarh, Mohali and Zirakpur, IndianRetailer.com reports. As part of its participation in various infrastructure projects, including a substantial 100-unit order from TDI Group, Hybon's Chandigarh branch extends the company's operational footprint to cover Punjab, Tricity, Haryana, Jammu and Kashmir and Himachal Pradesh. The Chandigarh Experience Center showcases a diverse range of elevators, including pitless home lifts and high-end designer elevators, catering to various industries and demographics. With plans to collaborate with developers and architects and establish ties in real estate, the HORECA (hotel/restaurant/catering) industry and the RWA (risk-weighted assets) segment, Hybon aims to deliver around 500 lift units in Chandigarh by FY25, while also hiring more than 100 employees. Hybon's elevator design complies with Indian and European norms and is certified by Liftinstituut in the Netherlands. The company sources safety-critical materials from globally certified companies, maintaining high standards with an ISO 9000 certification for its state-of-the-art factory machinery and equipment. | | | GM RIVA ASSUMES MD ROLE AT TKE ITALY Less than eight months after being appointed general manager (GM) of TK Elevator (TKE) Italy, Omar Riva has taken on the additional role of managing director (MD) of TKE Italy. With more than 20 years' experience in the vertical-transportation industry, Riva joined TKE Italy in 2008 following an acquisition, where he first held the position of commercial manager (2014), then chief operating officer (2018), with responsibilities for both sales and operations. Read more here | | | Mongrain Vertical Transport current products include the complete range of hydraulic elevators as well as the Emarelle hydraulic machine-room-less elevator system. Each is custom tailored to meet demanding design and performance standards as specified by building owners, architects, and installers. For more information, please email us at info@mvtinc.com or visit us online at www.mvtinc.com. | | | INDIA'S TAK EXPO IS NOW ISEEVENTUS TAK Expo, organizer of the International Sourcing Exposition for Elevators & Escalators (ISEE), India's largest elevator and escalator (E&E) show held in Mumbai, has changed its name to ISEEVENTUS PVT. LTD. The management team remains the same as they gear up for the next ISEE planned on December 5-7, 2024, at the Bombay Exhibition Centre. Read more here | | | OTIS INDIA INTRODUCES ONLINE ORDER BOOKING FOR GEN3 NOVA RANGE Otis India, a subsidiary of Otis Worldwide Corp., has introduced online order booking for the Gen3TM Nova range of elevators. Building owners and facility managers in India can now purchase a digitally connected Gen3 Nova elevator online. Online ordering was initially launched in 2021 for the Gen2® Prime range of elevators and has rapidly gained popularity with customers due to its convenience and transparency. Read more here 2N SELECTED BY SCHMERSAL ITALY FOR ROME METRO LIFT EMERGENCY-CALL SYSTEM Schmersal Italy selected a lift emergency-call system from 2N Telekomunikace a.s. for lifts and escalators on the A and B lines of the Rome Metro. The oldest underground train network in Italy, the Rome Metro opened in 1955. When it was time to upgrade all 24 lifts and 10 escalators serving the A and B lines, Schmersal Italy was tapped to install a modular emergency call system. Schmersal Italy, in turn, chose a 2N system that needs only a two-wire bus, eliminating the need to install new cabling. Read more here | | | Matot Inc. can make your old dumbwaiter work like new! With 135 years of experience in manufacturing, repairing, and maintaining material lifts and dumbwaiters, Matot experts will provide options and solutions to modernize existing equipment. Learn how Matot can get your project up to speed quickly and efficiently. Call 800-369-1070 or visit www.Matot.com. | | | ACCESS REPORTS SUCCESS AT OT SHOW The team at Access reports another successful Occupational Therapy (OT) Show in Birmingham, U.K., in November with high levels of interest from OTs. The working models of the HomeGlide straight stairlift and Flow X curved stairlift proved to be very popular with visitors to the stand over the two days. Both lifts meet the EN 81-40:2020 stairlift safety standard that came into effect in April this year. Read more here | | | LACK OF ELEVATOR INSPECTORS DELAYING MAINE PROJECTS A lack of available elevator inspectors in Maine is hindering the finalization of some multi-story affordable housing projects, News Center Maine reports. There are only three licensed elevator inspectors in the state "who can perform elevator acceptance inspections that are needed before any elevator statewide can be cleared for use in a commercial or residential building." Read more here | | | Elevate Your Success with NAEC and Join Today! Membership offers you access to an exclusive network of industry professionals, enhanced visibility to a broader audience, collaboration opportunities, training programs and certification, industry event discounts, and more. Unlock the Elevator to Excellence with NAEC. We are your pathway to success! Visit NAEC.org or call us at 800-900-6232 to become a member! | | | CALL FOR ABSTRACTS FOR CTBUH 2024 INTERNATIONAL CONFERENCE The Council on Tall Buildings and Urban Development (CTBUH) has issued a call for abstracts for the CTBUH 2024 International Conference to be held in London and Paris on September 23-27. The conference is titled "New or Renew: Addressing the Density Dilemma," which refers to the choice between new building and cities or the adaptation of those existing for the sake of environmental, economic and social responsibility. Read more here NYARM HOSTING WEBINAR AND HAPPY HOUR The New York Association of Realty Managers (NYARM) invites NYC elevator contractors, consultants and suppliers to a Networking Happy Hour on December 5. The happy hour event is for building management professionals and will be held from 5:30 to 7:30 p.m. at Trattoria Bianca Restaurant in Manhattan, NY. The cost for ELEVATOR WORLD readers and NYARM members is $20. RSVP is necessary. Those interested can contact NYARM Executive Director Margie Russell by phone/text at 516-456-0313 or email. | | | Gain a little more Freedom with Canton Elevator's full package Traction line. Canton's offerings are based on a wide range of capacities, platform designs, travel, and speed with both geared and gearless machines. The Freedom series allows elevator contractors and their customers to work through standard and custom applications. For more information visit www.cantonelevator.com or feel free to reach out and talk to Cindy Samek 864-328-9278. If you would like to request a quote for an upcoming project, please send in all information to info@nidec-canton.com. | | | THREE ELEVATORS OPEN AT BROOKLYN SUBWAY STATION Three elevators recently opened at Park Slope's 7th Avenue F and G station in Brooklyn, NY, making the station accessible after years of community support, Patch reports. The accessibility improvements were initially promised by August after years of local organizing and rallies as far back as 2016. The elevators are equipped with cameras, heat detectors, fire alarms and emergency communication systems. Read more here | | | LIFT EMOTION ADDRESSES CHALLENGES WITH REFIT MODEL Lift Emotion (ELEVATOR WORLD Cover Story, November 2015) has addressed the challenge of integrating an elevator into an existing yacht by developing a specialized refit lift model, a lightweight lift system that occupies less space, SuperYacht Times reports. This solution eliminates the need for shipyards to excavate a deep pit beneath the elevator, as Lift Emotion typically requires only a 150-mm clearance below the floating floor. This approach streamlines the integration process and minimizes disruptions to the yacht's existing structure. In the event of a power failure, the elevators are equipped with a UPS (Uninterruptible Power Supply) that lowers the lift one level and opens the doors, allowing passengers to exit the elevator without delay. An integrated emergency phone system allows for direct communication with the bridge or watch-keeping room in case of emergencies. In case of malfunction, Lift Emotion's elevators are equipped with an emergency lowering and lifting function, enabling the crew to rescue passengers. Lift Emotion's technology enables remote monitoring upon the client's request. In the event of a concern, Lift Emotion can remotely resolve issues or assist a client's on-site engineers, even when the vessel is at sea. | | | RENEW™hydro offers customers five key hydraulic products in one, reducing complexity and loss of valuable time. Bundling the perfect combination of components from the Vantage product portfolio, you'll get everything you need for your to enhance safety, performance, and reliability during your elevator modernization project. Learn more! | | | ELEVATOR FALL IN SOUTH AFRICA LEADS TO DEATHS, INJURIES On November 27, an elevator fell approximately 200 m while carrying workers to the surface in a platinum mine in South Africa, killing 13 and injuring 75, ABC News reports. The injured workers were hospitalized. The incident happened at the end of the workers' shift at the mine. Read more here | | | PLANS REVEALED FOR TOWER SET TO BE TALLEST IN MANCHESTER The architect behind the five tallest buildings in Manchester, U.K., has unveiled plans to break another record in the city with proposals for an even higher tower, Building reports. Simpson Haugh has opened a consultation on a 76-story residential scheme for local developer Salboy. The scheme has been significantly revised from former plans for an office block of just 15 stories. Read more here | | | The 2023 EIAT (Elevator Industry Aptitude Test) contains 75 math, verbal, and mechanical questions. Since 2007, JobTestPrep has helped over 5,000 candidates prepare for their EIAT test and is the one-stop-shop for acing the EIAT: free test, sample questions, and full practice. Take a free EIAT sample test to maximize your chances of getting an apprenticeship and to learn more about JobTestPrep! | | | CTBUH 2024 AWARDS PROGRAM PORTAL NOW OPEN FOR SUBMISSIONS The Council on Tall Buildings and Urban Habitat (CTBUH) 2024 Awards Program portal is now open for project submissions, and the submission deadline is February 9, 2024. Judged by an international panel of experts, the CTBUH Awards Program recognizes projects, practices and individuals across many categories, including Best Tall Building, Urban Habitat, Innovation, Structure and Construction. Winners in all categories will present at the CTBUH 2024 International Conference, New or Renew: Addressing the Density Dilemma, on September 23-27, 2024, in London and Paris, where the overall winner in each category will be determined by jurors and announced at an awards ceremony. The annual CTBUH Awards Program honors extraordinary contributions to the advancement of tall buildings and the urban environment at the highest and most impactful level. The global Awards Program showcases and celebrates the most innovative approaches and solutions to some of the most pressing challenges we confront today, including mitigating the effects of climate change, reducing carbon emissions, achieving sustainability through an environmental — as well as cultural — lens and equity and affordability in housing, among many others. | | | DESIGNS REVEALED FOR WHAT WOULD BE LONDON'S TALLEST TOWER Eric Parry Architects has revealed new visualizations of its overhauled designs for One Undershaft, which is set to be the City of London's tallest tower, Architects' Journal reports. The plans show what a 74-story tower would look like if approved. The redesign of One Undershaft replaces an earlier tapered 73-story design – which was handed consent in 2016 – with a new-look three-part skyscraper. The design team says the latest scheme provides more daylight and less wind at ground level than the 2016 design, with 3,600 m2 more public space and greater amounts of urban greening. An educational center in partnership with the Museum of London and a public viewing gallery – the tallest in London – will take up floors 72 and 73. At 309.64-m tall, the scheme would be the same height as Renzo Piano's Shard. Overall, the development is set to be around 27,500 m2 larger in floor area than the original scheme. Construction will take approximately five years, with enabling works starting in 2024 and construction finishing in 2029, subject to planning. | | | What's happening in the elevator industry in 2024? We won't know until you tell us! To submit your news, announcements, or article ideas, or for more information, contact the EW Editorial Department at phone: 251-479-4514, ext. 30 or editorial@elevatorworld.com. To advertise, contact ext. 31 or advertising@elevatorworld.com. | | | EDITORIAL AND SUBSCRIPTIONS: Editorial submissions, reprint permission requests and subscription/removal requests should be sent to editorial@elevatorworld.com. ELENET Editorial staff: Angela C. Baldwin, Kaija Wilkinson, Lindsay Fletcher and Kathleen Farrell. ADVERTISEMENTS: To advertise and reach ELENET's readership of 35,000+, contact the Advertising staff at phone: 251-479-4514 or e-mail: advertising@elevatorworld.com. Download the ELEVATOR WORLD magazine Editorial Calendar to see EW's upcoming feature stories, focus topics, special topics, special sections and Editorial/Advertising submission deadlines here. ELENET is a registered trademark, and all rights are reserved. 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