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Ultimately, Dover sold its elevator division in 1999 to Thyssen AG for $1.1 billion. [18] Dover Elevator had a pretax operating profit of $93 million in 1997. [19] The sale allowed Dover to focus on building its other businesses and moved ThyssenKrupp Elevator Americas to the number three spot worldwide in the elevator and escalator industry.
Montgomery Elevator: Acquired by Kone, Canadian division in 1985 and U.S. division in 1994. Marshall Elevator: Sold to Otis; Schweizerische Aufzügefabrik AG; Thyssen AG: Merged with Krupp and became ThyssenKrupp in 1999, with subsidiary ThyssenKrupp Elevator AG; ThyssenKrupp Elevator AG announced in 2021 a name change and rebranding to TK ...
7. Hitachi Building Systems Revenue -$ 5,676.73 million Number of Employees -N/A. Japanese giant Hitachi delves into the elevator and escalator industry with its Building Systems division.
It was founded in 1818 by John Marshall. Marshall & Son originally was a Blacksmith, but in the 1840s, they started to produce elevators of all kinds. In 1942, they began to sell elevator products by the Rotary Lift Company, [1] which, in 1955, merged with other companies and changed their name to the Dover Elevator Division. [2]
Pages in category "Escalator manufacturers" ... Schindler Elevator Corporation; Schindler Group; Schweizerische Wagons- und Aufzügefabrik AG Schlieren-Zürich;
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.
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