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Kone opened an elevator factory in 1966 in Hyvinkää, Finland. The following year Kone was listed on the Helsinki Exchanges and started its international expansion through the acquisition of Sweden's Asea-Graham and its Norwegian and Danish affiliates. Numerous acquisitions followed during the 1970s and 1980s with only the most significant ...
In 1988 the crane business was combined into the KONE Cranes Division. [7] KONE Cranes Division remained an integral component of Kone until the year 1994. In February of that year, Kone made a strategic decision to refocus its efforts on the elevator business, leading to the divestiture of the crane division into an independent entity.
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 ...
A Kone-Thyssenkrupp Elevator merger would create the world's biggest lift maker, leapfrogging market leader Otis, owned by United Technologies <UTX.N>, and Schindler in second place. Thyssenkrupp ...
The new Kone Building in Downtown Moline, Illinois. Since the late 2000s to the early 2010s, Moline has seen growth in its downtown area. The current projects include a new nine-story building for Kone Elevator's American Headquarters (formerly Montgomery Elevator) and its nearly 250 Quad Cities' area employees. The building opened in August ...
Pekka Aksel Herlin (15 July 1932 – 4 April 2003) was a Finnish businessman, the president of the elevator and escalator maker Kone from 1964.. In 1954, Pekka Herlin joined Kone, and succeeded his father as president in 1964, and started planning a new elevator factory in Hyvinkää to replace the "cramped and inefficient" Helsinki plant.
But late last month, an official survey by the National Bureau of Statistics showed China's factory activity expanding for a second consecutive month in November, rising to 50.3, the highest ...
Pages in category "Elevator manufacturers" The following 22 pages are in this category, out of 22 total. ... Kone; M. Marshall Elevator; McKinley Elevator Corporation;