KONE Wins Order for Moscone Center
- S&P 500 closes at record high as Apple, healthcare stocks help shrug off Delta worries
- Tencent (TCEHY) Falls Sharply as State Media Describes Online Games as ‘Spiritual Opium’, Company Vows to Improve
- Oil extends losses in volatile trade as Delta variant angst spreads
- Clorox (CLX) Falls Sharply as COVID-19 Demand Wanes
- Dollar steadies as markets weigh economic risks, central bank moves
Get inside Wall Street with StreetInsider Premium. Claim your 1-week free trial here.
SAN FRANCISCO, March 1, 2016 /PRNewswire/ -- KONE, a global leader in the elevator and escalator industry, announced today it won an order to provide 12 elevators and 26 escalators in the Moscone Center Expansion project. The expansion will increase the capacity of San Francisco's premier meeting and exhibition space.
The Moscone Center covers nearly a full city block and is one of the world's busiest convention centers. Home to hundreds of world-class events, the sprawling facility serves as many as 1.1 million visitors annually. The expansion plans to meet the needs of the growing city by expanding exhibition space and increasing the amount of flexible meeting and ballroom spaces.
KONE solutions will include a total of seven KONE MonoSpace® elevators, two KONE EcoSystem MR® elevators, one KONE EcoSpace® elevator, two freight elevators and 26 KONE TravelMaster™ 110 escalators. The elevators and escalators will be installed in two phases and the center will remain fully operational throughout the entire expansion project, expected to be completed in 2018.
A strong standing relationship and commitment to design assist, including competitive bid pricing with the Moscone Center project team helped KONE win this project, as six KONE EcoMod™ escalators were installed in the center in 2003, marking the first KONE EcoMod™ units to be installed in the U.S. Another four KONE EcoMod™ escalators were installed in 2011 and four elevators were modernized. The installation of KONE's latest energy efficient elevators and escalators today will assist in the center's pursuit of the Leadership in Energy and Environmental Design (LEED) Gold certification.
"KONE has been a strong partner in helping to ensure the safe and smooth flow of people throughout the last several years," said Brook Mebrahtu, Senior Project Manager at the San Francisco Department of Public Works. "We're delighted to continue our relationship while implementing some of the most innovative elevator and escalator technology available."
"We're excited to continue working with the Moscone Center, supporting them through this expansion with innovative elevator and escalator solutions from KONE," said KONE Americas' Executive Vice President Larry Wash. "The Moscone Center is a landmark for events in San Francisco. This expansion will enable the facility to efficiently serve more than one million visitors annually, bolstering its reputation as an ideal meetings and events center in the city."
KONE is one of the global leaders in the elevator and escalator industry. KONE's objective is to offer the best People Flow® experience by developing and delivering solutions that enable people to move smoothly, safely, comfortably and without waiting in buildings in an increasingly urbanizing environment. KONE provides industry-leading elevators, escalators, automatic building doors and integrated solutions to enhance the People Flow in and between buildings. KONE's services cover the entire lifetime of a building, from the design phase to maintenance, repairs and modernization solutions. In 2015, KONE had annual net sales of EUR 8.6 billion, and at the end of the year close to 50,000 employees. KONE class B shares are listed on the NASDAQ OMX Helsinki Ltd in Finland.
For more, visit www.kone.us
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/kone-wins-order-for-moscone-center-300227216.html
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Cloud DX Announces the Date of Its Second Quarter Investor Update and Earnings Call, Retention of Market Maker and Retention of IR Specialist
- Talos Energy Announces Second Quarter 2021 Results
- Ecopetrol Group Announces Second Quarter 2021 Results
Create E-mail Alert Related CategoriesPress Releases
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!