THYSSENKRUPP ELEVATOR AWARDED EXCLUSIVE FREEDOM TOWER CONTRACT

ThyssenKrupp Elevator, one of the world’s leading manufacturers, installers and service providers of vertical and horizontal transportation technology, was awarded a contract to install all 71 elevators, nine escalators and the maintenance in the Freedom Tower.

“We are proud to be a partner in this historic Freedom Tower project,” said Barry Pletch, CEO of ThyssenKrupp Elevator Americas Business Unit. “We will draw on our extensive high-rise experience to provide elevators and escalators that surpass safety standards and that provide passengers with the most innovative technology and design available.”

“ThyssenKrupp Elevator was selected for this monumental project based our competitive responses and attention to detail during four rounds of evaluations,” says Bill Gooding, Regional President of New York, New Jersey and Pennsylvania, ThyssenKrupp Elevator Americas Business Unit. “Our team is well-equipped to handle this contract.”

Freedom Tower is under construction at the site of the former World Trade Center and is scheduled to be complete in December 2011. The fastest elevators in the building will reach speeds of up to 1,800 feet per minute. When the project is complete, Freedom Tower will reach 1,776 feet and stand 105 stories.

The elevator technology will include 64 gearless, five machine-room-less and one geared elevator.

ThyssenKrupp Elevator is the only manufacturer that still manufactures the major components of all elevators to ensure their strict standards are met.  The approximate $150 million contract award for the installation of new elevators, escalators and long-term maintenance is one of the largest in ThyssenKrupp Elevator history.

Freedom Tower was designed by Studio Daniel Libeskind.  Construction began in 2006.

About ThyssenKrupp Elevator

ThyssenKrupp Elevator, Americas Business Unit, is the largest producer of elevators in North America. It is also the market leader in manufacturing, installing, modernizing and maintaining elevators for all types of buildings in the Americas region. ThyssenKrupp Elevator, Americas Business Unit, has more than 12,000 employees, more than 200 branch and service locations, and sales of approximately $2.5 billion. It is part of ThyssenKrupp Elevator AG, headquartered in Germany, the world’s third largest elevator company with around 36,000 employees at over 800 locations in more than 60 countries. ThyssenKrupp Elevator is one of five business segments of ThyssenKrupp AG, a global conglomerate with business activities focused on the areas of Steel, Capital Goods and Services. The conglomerate has some 188,000 employees in more than 70 countries with sales totaling over US $61 billion. ThyssenKrupp AG has consistently been a member of Fortune Global 100.

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