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The Kone MonoSpace for low to mid-rise buildings is the world's first machine-room-less elevator. [16] The Kone EcoSpace elevator is a machine-room-less traction elevator designed for low-rise buildings from 2 to 4 stories as an energy-efficient alternative to hydraulic elevators, and can fit in an existing hydraulic elevator hoistway.
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 ...
The equipment is otherwise similar to that of a normal traction or hole-less hydraulic elevator. The world's first machine-room-less elevator, the Kone MonoSpace, was introduced in the year 1996, by Kone. Compared to traditional elevators, it: Required less space; Used 70–80% less energy
Montgomery Elevator Company was a vertical transportation company founded in 1892, but entered the elevator business in 1910, acquired Roelofson Elevator of Galt, Ontario in the early 1960s and operated it as its Canadian Division. Montgomery manufactured elevators, escalators, and moving walkways until 1994, when it was acquired by KONE. [1] [2]
Kone (Montgomery) Test Tower (former) [26] Kone, Montgomery Elevator: Moline, Illinois, United States 180 ft (55 m) 1966 It is considered a city landmark by residents and former Montgomery employees. 27 Otis Test Tower [27] Otis: Florence, South Carolina, United States 152 ft (46 m) 2013 28 Emlak Konut Elevator (EKA) Test Tower [28] Emlak Konut ...
In February 2007, European Union regulators fined Otis Elevator €225 million (US$295.8 million) for being part of a price-fixing cartel in the Belgian, Dutch, Luxembourg, and German markets. Competitors ThyssenKrupp, Schindler Group, KONE, and Mitsubishi Elevator Europe were also fined for participating in the same cartel. [38]
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.
Kone expanded internationally by acquisition in the 1970s, buying out Swedish elevator manufacturer Asea-Graham, and purchasing other minor French, German and Austrian elevator makers before assuming control of Westinghouse's European elevator business.