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ThyssenKrupp is the result of a merger of two German steel companies, Thyssen AG founded in 1891 under the name Gewerkschaft Deutscher Kaiser and Krupp founded in 1811. As early as the 1980s, the companies began negotiations on a merger and began closely cooperating in some business areas.
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.
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 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 ...
From April 2009 to December 2012, if you bought shares in companies when William S. Thompson, Jr. joined the board, and sold them when he left, you would have a 22.1 percent return on your investment, compared to a 67.8 percent return from the S&P 500.
MULTI is the first cable-less elevator developed by TK Elevator (formerly ThyssenKrupp Elevator). Rather than using cables to lift the elevator, MULTI uses linear motors. [1] As well as moving vertically between floors of a building, MULTI can also move horizontally through a floor of a building. MULTI is being tested at Rottweil Test Tower. [2 ...
The TK Elevator Test Tower (TK-Elevator-Testturm) is an elevator test tower in Rottweil, Germany. It is owned by TK Elevator, who have their elevator research campus nearby. It stands 246 m (807 ft) tall and was built to test the company's MULTI elevator system. At 232 m (761 ft), the tower contains Germany's tallest observation deck. [1]
The Department of Government Efficiency, or DOGE, headed by billionaires Elon Musk and Vivek Ramaswamy, says it is hiring "a very small number" of full-time, salaried positions.