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In February 2007, Schindler, along with competitors Otis Elevator Co., ThyssenKrupp, Kone, and Mitsubishi Elevator Europe were fined by the European Union for a price-fixing cartel. Schindler was fined 144 million euros, or about $189.3 million US dollars. [8] Since 2011, Schindler have sponsored Solar Impulse, a solar-powered aircraft. [9]
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 ...
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 ...
Schindler Introduces World's Most Advanced Elevator that can be Powered Exclusively by Sunlight News facts: The Schindler Solar Elevator commercially available in Europe, India in 2013; in the U.S ...
Pages in category "Elevator manufacturers" ... Schindler Elevator Corporation; Schindler Group; Schweizerische Wagons- und Aufzügefabrik AG Schlieren-Zürich;
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]
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