Elevator World

Welcome to the Elevator World News Podcast. This week’s news podcast is sponsored by elevatorbooks.com: http://www.elevatorbooks.com

To view and download today's news manuscript, visit:

http://elevatorworld.com/pdf/podcast/022718.pdf

Image courtesy wpde.com:

http://wpde.com/news/local/the-big-switch-on-otis-florence-factory-unveils-new-solar-field

Subscribe to the Podcast: iTunes│Google Play | SoundCloud│Stitcher│TuneIn

Welcome to the Elevator World News Podcast. This week’s news podcast is sponsored by elevatorbooks.com: http://www.elevatorbooks.com

To view and download today's news manuscript, visit:

http://elevatorworld.com/pdf/podcast/022718.pdf

Image courtesy wpde.com:

http://wpde.com/news/local/the-big-switch-on-otis-florence-factory-unveils-new-solar-field

Subscribe to the Podcast: iTunes│Google Play | SoundCloud│Stitcher│TuneIn

Welcome to the Elevator World News Podcast. This week’s news podcast is sponsored by elevatorbooks.com: http://www.elevatorbooks.com

OTIS PARENT CONSIDERING BREAKING UP BUSINESSES

Otis parent company United Technologies Corp. (UTC) is considering breaking up its elevator, jet-engine and air-conditioning business units in an effort to increase company value, various news agencies, including Reuters, report. UTC CEO Greg Hayes said at an investor conference in Miami on February 21 that a decision will be made by the end of 2018. Hayes had previously indicated a review would take place only after UTC closes on its acquisition of avionics and interiors manufacturer Rockwell Collins Inc., anticipated in the third quarter. If the companies split, Otis would generate up to US$13 billion in sales, versus up to $50 billion from aerospace and up to $18 billion from air-conditioning.

CHASE’S 70-STORY HEADQUARTERS TO RISE IN NYC’S MIDTOWN EAST

JPMorgan Chase announced on February 21 that it plans to replace its 52-story world headquarters with a new, 70-story building on the same site between 47th and 48th streets at 270 Park Avenue in Midtown East in New York City (NYC), various news outlets, including The New York Times, report. It will be the first tower to rise under new zoning rules aimed at sparking development of modern skyscrapers in the densely populated business district surrounding Grand Central Terminal. Mayor Bill de Blasio applauded the announcement, which promises to bring "good jobs, modern buildings and concrete improvements" to the neighborhood. The bank's 15,000 area employees will be relocated to the new building. Demolition of the current 1961 building, which will be the largest purposely demolished building in world history, is expected to commence in early 2019, with the new headquarters complete approximately five years later.

MILESTONE MARKED FOR NEW HONG KONG OFFICE DISTRICT

The topping out of the 51-story One Taikoo Place office tower in Hong Kong marked a milestone on February 1 for developer Swire Properties, which plans to build an additional eight towers, all connected by air-conditioned, elevated walkways, in Taikoo Place, Building Journal reports. “Built to the highest sustainability standards,” the source stated, One Taikoo Place landed two international companies (including Facebook) that have reserved more than half of its 1 million sq. ft. Wong & Ouyang Ltd. designed the structure, which boasts panoramic views of Victoria Harbour and plenty of natural light. Completion is anticipated in the third quarter.

ECNY ANNOUNCES EDUCATIONAL SEMINAR FOR MEMBERS

The Elevator Conference of New York (ECNY), in partnership with NAESA International, plans to offer ASME A17.1 Safety Code for Elevators & Escalators, a one-day educational seminar for ECNY members, who can choose April 18 or 19 at Villa Barone Manor, 737 Throgs Neck Expressway, Bronx, New York 10465. Providing a total of 10 hr. (1.0 CEU) that will meet requirements for 2018 QEI certification renewal, the program is from 7 a.m.-5:30 p.m. and includes lunch. ECNY anticipates a strong response, so those interested are encouraged to register early. The cost is US$295 person, and registration forms and fees must be received by March 19. For additional information, visit ecnyweb.com or email [email protected].

Image courtesy nytimes.com:

https://www.nytimes.com/2018/02/21/nyregion/jpmorgan-chase-headquarters.html

Subscribe to the Podcast: iTunes│Google Play | SoundCloud│Stitcher│TuneIn

Welcome to the Elevator World News Podcast. This week’s news podcast is sponsored by elevatorbooks.com: http://www.elevatorbooks.com

OTIS PARENT CONSIDERING BREAKING UP BUSINESSES

Otis parent company United Technologies Corp. (UTC) is considering breaking up its elevator, jet-engine and air-conditioning business units in an effort to increase company value, various news agencies, including Reuters, report. UTC CEO Greg Hayes said at an investor conference in Miami on February 21 that a decision will be made by the end of 2018. Hayes had previously indicated a review would take place only after UTC closes on its acquisition of avionics and interiors manufacturer Rockwell Collins Inc., anticipated in the third quarter. If the companies split, Otis would generate up to US$13 billion in sales, versus up to $50 billion from aerospace and up to $18 billion from air-conditioning.

CHASE’S 70-STORY HEADQUARTERS TO RISE IN NYC’S MIDTOWN EAST

JPMorgan Chase announced on February 21 that it plans to replace its 52-story world headquarters with a new, 70-story building on the same site between 47th and 48th streets at 270 Park Avenue in Midtown East in New York City (NYC), various news outlets, including The New York Times, report. It will be the first tower to rise under new zoning rules aimed at sparking development of modern skyscrapers in the densely populated business district surrounding Grand Central Terminal. Mayor Bill de Blasio applauded the announcement, which promises to bring "good jobs, modern buildings and concrete improvements" to the neighborhood. The bank's 15,000 area employees will be relocated to the new building. Demolition of the current 1961 building, which will be the largest purposely demolished building in world history, is expected to commence in early 2019, with the new headquarters complete approximately five years later.

MILESTONE MARKED FOR NEW HONG KONG OFFICE DISTRICT

The topping out of the 51-story One Taikoo Place office tower in Hong Kong marked a milestone on February 1 for developer Swire Properties, which plans to build an additional eight towers, all connected by air-conditioned, elevated walkways, in Taikoo Place, Building Journal reports. “Built to the highest sustainability standards,” the source stated, One Taikoo Place landed two international companies (including Facebook) that have reserved more than half of its 1 million sq. ft. Wong & Ouyang Ltd. designed the structure, which boasts panoramic views of Victoria Harbour and plenty of natural light. Completion is anticipated in the third quarter.

ECNY ANNOUNCES EDUCATIONAL SEMINAR FOR MEMBERS

The Elevator Conference of New York (ECNY), in partnership with NAESA International, plans to offer ASME A17.1 Safety Code for Elevators & Escalators, a one-day educational seminar for ECNY members, who can choose April 18 or 19 at Villa Barone Manor, 737 Throgs Neck Expressway, Bronx, New York 10465. Providing a total of 10 hr. (1.0 CEU) that will meet requirements for 2018 QEI certification renewal, the program is from 7 a.m.-5:30 p.m. and includes lunch. ECNY anticipates a strong response, so those interested are encouraged to register early. The cost is US$295 person, and registration forms and fees must be received by March 19. For additional information, visit ecnyweb.com or email [email protected].

Image courtesy nytimes.com:

https://www.nytimes.com/2018/02/21/nyregion/jpmorgan-chase-headquarters.html

Subscribe to the Podcast: iTunes│Google Play | SoundCloud│Stitcher│TuneIn

Invertek Establishes U.S. Headquarters Near Chicago by Elevator World

Invertek Establishes U.S. Headquarters Near Chicago by Elevator World

Welcome to the Elevator World News Podcast. This week’s news podcast is sponsored by elevatorbooks.com: http://www.elevatorbooks.com

To view and download today's news manuscript, visit:

http://www.elevatorworld.com/pdf/podcast/022218.pdf

Image courtesy japantimes.co.jp:

https://www.japantimes.co.jp/news/2018/01/30/business/corporate-business/mitsui-fudosan-ready-open-new-tokyo-midtown-hibiya-march/#.Wo3g5BPwbGI

Subscribe to the Podcast: iTunes│Google Play | SoundCloud│Stitcher│TuneIn

Welcome to the Elevator World News Podcast. This week’s news podcast is sponsored by elevatorbooks.com: http://www.elevatorbooks.com

To view and download today's news manuscript, visit:

http://www.elevatorworld.com/pdf/podcast/022218.pdf

Image courtesy japantimes.co.jp:

https://www.japantimes.co.jp/news/2018/01/30/business/corporate-business/mitsui-fudosan-ready-open-new-tokyo-midtown-hibiya-march/#.Wo3g5BPwbGI

Subscribe to the Podcast: iTunes│Google Play | SoundCloud│Stitcher│TuneIn

Welcome to the Elevator World News Podcast. This week’s news podcast is sponsored by elevatorbooks.com: http://www.elevatorbooks.com

FORMULA SYSTEMS PARENT AIRDRI APPOINTS WALL CEO

Airdri Group, a U.K.-headquartered designer and manufacturer of hand dryers and (under the Formula Systems brand) elevator products, has appointed Tony Wall CEO, effective May 1. Reporting to Airdri President Bruce Philipps and the Airdri board, he will oversee day-to-day operations in Oxford, U.K.; Chicago (Formula Systems); Shanghai; and Guangzhou, China, with a focus on sales growth across key markets and products. Wall comes to Airdri from Ipro Solutions Ltd., manufacturer of a wide range of custom metal, plastic and electronic components with operations in the U.K. and Asia. Before that, he held jobs in various sectors after beginning his professional life as a Royal Air Force engineer officer.

 

NEW VT PART OF HISTORIC LONDON TUBE STATION UPGRADE

Transport for London’s (TfL) overhaul of the South Kensington Tube station, one of the oldest and busiest in the London Underground, includes new lifts and escalators to better accommodate passengers, the blog IanVisits reports. The “most urgent” task for TfL is to replace the five outdated escalators from the ticket area to the deep Piccadilly line platforms, scheduled to take place after restored platforms open in 2019. TfL is also building shafts for elevators to a newly reinstated northern platform. Future phases include significant improvements to the surrounding historic area.

 

ESCALATOR SAFETY URGED AFTER CANADA AIRPORT ACCIDENT

The mother of a two-year-old boy whose leg was broken in an escalator accident at the Vancouver International Airport (YVR) on February 16 is calling for greater escalator-safety awareness, while YVR officials investigate and reiterate safety is a top priority, the Calgary Herald reports. Accompanied by his mother and father as the family prepared to fly home to Calgary, the boy’s boot became trapped between the escalator steps and railing about midway down. Bystanders and airport employees helped free the child using a pair of scissors after an onlooker used the emergency-stop button. The mother said her son always steps over the narrow spaces between steps, but “has never heard” of getting stuck between steps and railing. The child is recovering.

 

MULTI-TOWER BROOKLYN PROJECT COMES INTO SHARPER FOCUS

Alloy Development’s plan to build 74- and 38-story mixed-use towers, along with two schools, in downtown Brooklyn, New York, has come into sharper focus in response to feedback from more than 100 meetings with community stakeholders, New York YIMBY reports. The most marked change is a redesign of the Phase One 38-story tower, which now has a slimmer profile and includes setbacks and ground-floor masonry along State Street that take inspiration from the historic Williamsburgh Savings Bank. Including both phases, nearly 900 apartments, 200 of which will be “affordable,” will be created. Construction is expected to start next year, with completion of Phase One, which includes the schools, slated for 2022. 

Subscribe to the Podcast: iTunes│Google Play | SoundCloud│Stitcher│TuneIn

Welcome to the Elevator World News Podcast. This week’s news podcast is sponsored by elevatorbooks.com: http://www.elevatorbooks.com

FORMULA SYSTEMS PARENT AIRDRI APPOINTS WALL CEO

Airdri Group, a U.K.-headquartered designer and manufacturer of hand dryers and (under the Formula Systems brand) elevator products, has appointed Tony Wall CEO, effective May 1. Reporting to Airdri President Bruce Philipps and the Airdri board, he will oversee day-to-day operations in Oxford, U.K.; Chicago (Formula Systems); Shanghai; and Guangzhou, China, with a focus on sales growth across key markets and products. Wall comes to Airdri from Ipro Solutions Ltd., manufacturer of a wide range of custom metal, plastic and electronic components with operations in the U.K. and Asia. Before that, he held jobs in various sectors after beginning his professional life as a Royal Air Force engineer officer.

 

NEW VT PART OF HISTORIC LONDON TUBE STATION UPGRADE

Transport for London’s (TfL) overhaul of the South Kensington Tube station, one of the oldest and busiest in the London Underground, includes new lifts and escalators to better accommodate passengers, the blog IanVisits reports. The “most urgent” task for TfL is to replace the five outdated escalators from the ticket area to the deep Piccadilly line platforms, scheduled to take place after restored platforms open in 2019. TfL is also building shafts for elevators to a newly reinstated northern platform. Future phases include significant improvements to the surrounding historic area.

 

ESCALATOR SAFETY URGED AFTER CANADA AIRPORT ACCIDENT

The mother of a two-year-old boy whose leg was broken in an escalator accident at the Vancouver International Airport (YVR) on February 16 is calling for greater escalator-safety awareness, while YVR officials investigate and reiterate safety is a top priority, the Calgary Herald reports. Accompanied by his mother and father as the family prepared to fly home to Calgary, the boy’s boot became trapped between the escalator steps and railing about midway down. Bystanders and airport employees helped free the child using a pair of scissors after an onlooker used the emergency-stop button. The mother said her son always steps over the narrow spaces between steps, but “has never heard” of getting stuck between steps and railing. The child is recovering.

 

MULTI-TOWER BROOKLYN PROJECT COMES INTO SHARPER FOCUS

Alloy Development’s plan to build 74- and 38-story mixed-use towers, along with two schools, in downtown Brooklyn, New York, has come into sharper focus in response to feedback from more than 100 meetings with community stakeholders, New York YIMBY reports. The most marked change is a redesign of the Phase One 38-story tower, which now has a slimmer profile and includes setbacks and ground-floor masonry along State Street that take inspiration from the historic Williamsburgh Savings Bank. Including both phases, nearly 900 apartments, 200 of which will be “affordable,” will be created. Construction is expected to start next year, with completion of Phase One, which includes the schools, slated for 2022. 

Subscribe to the Podcast: iTunes│Google Play | SoundCloud│Stitcher│TuneIn