KONE buys San Francisco elevator company


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Posted Online: Dec. 03, 2012, 12:08 pm
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KONE has acquired San Francisco-based Ascent Elevator Services, Inc., an independent elevator company with a significant share of the service market in the Bay Area, where Ascent has operated since 2004.

Ascent and KONE will combine elevator operations under the KONE name during the next few months.

"The combined Ascent and KONE teams welcome the opportunity to continue to provide outstanding service to Ascent and KONE customers," saidLarry Wash, KONE EVP and Area Director for the Americas.

Kone,one of the global leaders in the elevator and escalator industry, has offices in Moline and a plant in Coal Valley.

In 2011, KONE had annual net sales of EUR 5.2 billion and on average 35,000 employees. KONE class B shares are listed on the NASDAQ OMX Helsinki Ltd in Finland.

For more information, visit www.kone.us.


















 




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  Today is Tuesday, Sept 2, the 245th day of 2014. There are 120 days left in the year.

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1889 — 125 years ago: Alderman Frank Ill, Winslow Howard and Captain J.M. Montgomery returned from Milwaukee, where they attended the national Grand Army of the Republic encampment.
1914 — 100 years ago: Three members of the Rock Island YMCA accepted positions as physical directors of other associations. Albert Cook went to Kewanee, C.D. Curtis to Canton and Willis Woods to Leavenworth, Kan.
1939 — 75 years ago: Former President Herbert Hoover appealed for national support of President F.D. Roosevelt and Congress in every effort to keep the United States out of war.
1964 — 50 years ago: The Rock Island Junior chamber pf Commerce has received answers to about 65 % of the 600 questionnaires mailed out recently in a "Community Attitude Survey" to analyze sentiments of citizens towards their city's various recreational, educational, and civic service programs.
1989 — 25 years ago: The two thunderstorms passing through the Quad Cities last night and early today left some area residents reaching for their flashlights.






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