Global elevator and escalator company, KONE Inc., plans to make a major expansion in North Texas as it relocates some of a light manufacturing division from Mexico to Allen, bringing 80 new jobs to ...

KONE, a global leader in the elevator and escalator industry, has acquired a majority stake in Citylift, S.A., a Spanish elevator company providing installation, maintenance and modernization services ...

KONE, a global leader in the elevator and escalator industry, today announced it has acquired the business of City Elevator Company in New York City, the US. City Elevator has been operating in the ...

We downgrade our rating on KONE from Buy to Hold, following disappointment from 2022 results and the new 2023 outlook. Shares are at 31.9x 2022 EPS and have a 3.7% dividend yield after EPS fell by 24% ...

KONE Oyj reported a solid performance for the third quarter of 2025, with notable growth in orders and sales. The company’s stock saw a 2.56% increase, reflecting investor confidence in its strategic ...

Kone continues to grow its high-profit margin service business, with service sales climbing about 10% on a constant-currency basis. We make no change to our EUR 50 fair value estimate, which includes ...

Kone Corp. has expanded its footprint across the Midwest with its acquisition of Long Elevator & Machine Co. Inc., an independent elevator company with operations in ...

Investing.com -- Shares of Finland’s Kone Oyj (HE:KNEBV) climbed by 4% on Thursday after reports emerged that the elevator maker is exploring a potential bid for rival TK Elevator, even as the German ...

Kone has acquired Reliant Elevator Co., the largest independent elevator service company in Oregon, the company announced Tuesday. The elevator and escalator manufacturer said the acquisition ...

KONE (OTCMKTS: KNYJY) the Espoo, Finland-based elevator and escalator provider and servicer, has acquired Ross Elevator Inc., an Eastlake lift repair and service company that has been in operation ...