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Schindler Holding Ltd. [2] is a Swiss multinational company which manufactures escalators, moving walkways, and elevators worldwide, founded in Switzerland in 1874. Schindler produces, installs, maintains and modernizes lifts and escalators in many types of buildings including residential, commercial and high-rise buildings.
In 2005, Schindler acquired the Hontz Elevator Company [1] after a brief legal battle with the German authorities over the registration of the company name. [citation needed] The court held that the Hontz Elevator Company had been established in the 19th century by Karl Hontz (then under the title Die Hontz Aufzugfirma) according to a folder of documents that had previously surfaced in the ...
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Westinghouse expanded into the elevator business, establishing the Westinghouse Elevator Company in 1928; it sold its elevator business to Schindler Group (forming the Schindler Elevator Corporation) in 1989. Throughout the decade, diversification engendered considerable growth; sales went from $43 million in 1914 to $216 million in 1929.
Montgomery Elevator: Acquired by Kone, Canadian division in 1985 and U.S. division in 1994. Marshall Elevator: Sold to Otis; Schweizerische Aufzügefabrik AG; Thyssen AG: Merged with Krupp and became ThyssenKrupp in 1999, with subsidiary ThyssenKrupp Elevator AG; ThyssenKrupp Elevator AG announced in 2021 a name change and rebranding to TK ...
In the twenty-first century Schindler became the largest maker of escalators and second largest maker of elevators in the world, though their first escalator installation did not occur until 1936. [11] In 1979, the company entered the United States market by purchasing the Haughton Elevator company. [12]
Moving walkway inside the Changi Airport station of the Singapore MRT. A moving walkway, also known as an autowalk, [1] moving pavement, [2] moving sidewalk, [3] people-mover, travolator, [4] or travelator (British English), [5] is a slow-moving conveyor mechanism that transports people across a horizontal or inclined plane over a short to medium distance. [6]
A paternoster in Prague Paternoster elevator in The Hague, when it was still in operation. A paternoster (/ ˌ p eɪ t ər ˈ n ɒ s t ər /, / ˌ p ɑː-/, or / ˌ p æ-/) or paternoster lift is a passenger elevator which consists of a chain of open compartments (each usually designed for two people) that move slowly in a loop up and down inside a building without stopping.
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