Good News from Fri, 04 November, 2011:

Kone buys Quality Elevator in the US

The Finnish elevator company Kone will expand its foodhold in Pennsylvania. The Finnish elevator company Kone will expand its foodhold in Pennsylvania.
Kone, the one of the global leaders in the elevator and escalator industry, has acquired the assets of Quality Elevator in Pennsylvania, US. According to Kone press release, the deal will expand company’s presence in important Pennsylvania markets.

-    Quality and Kone will be combining their elevator operations under the Kone name during the next few months and we look forward to the addition of new customers and employees," says Vance Tang, EVP and Area Director for 
Kone Americas.

Quality Elevator was founded in 1976, and the company has 35 years of expertise in elevator installation, maintenance, repairs and modernization. It currently employs approximately 65 people. Kone has approximately 33,800 employees around the world, and in 2010 it net sales were EUR 5 billion.

www.kone.com

MM