Escalator 27


Escalator 27 :

History: (3) Inventors and Manufacturers: (1. 6) Manufacturing Mergers and Buyouts:The playing field narrows: Kone and Schindler introduced their first escalator models several decades after the Otis Elevator Co. , but grew to dominance in the field over time. Today, they, Mitsubishi, and ThyssenKrupp are Otis' primary rivals. Schindler now stands as the largest maker of escalators and second largest maker of elevators in the world, though their first escalator installation did not occur until 1936. In 1979, the company entered the United States market by purchasing Haughton Elevator; nine years later, Schindler assumed control of the North American escalator/elevator operations of Westinghouse. 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. As the last "big four" manufacturers held on to the escalator market, KONE first acquired Montgomery Elevator Company, then took control of Germany’s Orenstein & Koppel Rolltreppen

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