Elevator design hasn't progressed very much during the past 160 years, and still comprises cabins which move vertically in a shaft supported by cables. This is inefficient and limiting, taking up a ...

CHICAGO, Nov. 17, 2017 /PRNewswire/ -- TIME magazine has named the MULTI elevator system by thyssenkrupp Elevator as one of its "25 Best Inventions of 2017." Unveiled on June 22, 2017, to the public ...

Thanks to problems with elevator-cable girth, weight and sway, supertall-building specialists often get hung up on the ropes when designing towers taller than 500 or 600 meters. That’s why ...

Apparently, Star Trek had it right. Those familiar with the seminal sci-fi series will find the thyssenkrupp MULTI system eerily familiar. Like the ubiquitous turbolifts of the interstellar television ...

FRANKFURT (Reuters) - TK Elevator's owners are weighing the United States as a location for a potential initial public offering next year, despite market turmoil triggered by U.S. tariffs slowing the ...

Elevators are absolutely vital in tall buildings, but they have their limits -- they can only move so quickly, and they can't usually move sideways to fetch you from the far side of a building. Both ...

Elevator research and development inside the substantially complete 246-meter-tall thyssenkrupp Elevator AG test and observation tower in Rottweil, Germany, will begin next year, though the lift ...

The German engineering firm ThyssenKrupp first announced the idea of a maglev elevator way back in 2014 to a mixture of excitement and disbelief. Now, three years on, it has finally performed its ...

FRANKFURT/DUESSELDORF, Germany (Reuters) - Finland's Kone <KNEBV.HE> has proposed paying a multi-billion euro break-up fee to Thyssenkrupp <TKAG.DE> in an effort to improve its chances in an auction ...

LONDON/FRANKFURT (Reuters) - Thyssenkrupp's elevator division is set to launch a multi-billion euro high-yield debt package in the coming weeks to help finance its acquisition by a private equity ...

FRANKFURT: TK Elevator’s owners are weighing the United States as a location for a potential initial public offering next year, despite market turmoil triggered by US tariffs slowing the pace of ...