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KONE buys Empire Elevator, further strengthening position in San Francisco

Press Release Published 07-02-2013

KONE Inc., press release, July 2, 2013

KONE has acquired the San Francisco-based business of Empire Elevator Co., Inc., an independent elevator company. Empire has operated in the attractive Bay Area market since 1978 under the capable leadership of President Bruce Moore, who will join the combined KONE team in a key role.

Empire and KONE will be combining their elevator operations under the KONE name during the next few months.

"The Empire and KONE operations will fit well together and we are thrilled to be adding great new customers in the very important San Francisco market," said Larry Wash, KONE President for the Americas.

"We are also gaining a wealth of talent from the skilled and experienced employees joining KONE from Empire and look forward to welcoming these new team members to our team," Wash added.

For further information, please contact:
Patrick O'Connell, Director, Marketing and Communications, KONE Inc., tel. +1 317 374 4960

About KONE:

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 information, see

www.kone.us


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