KONE Corporation, press release, March 15,
KONE Corporation, a global leader in the elevator and
escalator industry, has won an order to provide energy-efficient
KONE MonoSpace® 700 elevators for the Eglinton Crosstown Light Rail
Transit (LRT) project owned and designed by Metrolinx and operated
by the Toronto Transit Commission in Canada.
Construction of the new line's 25 stations is expected to
begin in June 2018. Substantial completion is projected for
December 31, 2021, with stations opening in 2022.
"KONE is honored to play a part in the expansion and
enhancement of this vitally important transportation system in
Toronto, which will improve the flow of urban life in Canada's
largest city," says Larry Wash, executive vice president, KONE
KONE solutions to be installed in 16 of the expansion's 25
stations include 51 KONE MonoSpace® 700 elevators.
Project architect is Crosslinx Transit Solutions Design, a
joint venture of SNC-Lavalin Inc. & IBI Group. General
contractor is Crosslinx Transit Solutions Constructors, a
partnership of SNC-Lavalin Constructors (Pacific) Inc., Dragados
Canada Inc., EllisDon Civil Ltd. and Aecon Infrastructure
The order was booked in the third quarter of 2017.
For further information, please
Liisa Kivelä, Director, Communications, KONE Corporation, tel.
+358 204 75 4330. firstname.lastname@example.org
At KONE, our mission is to improve the flow of urban life. As
a global leader in the elevator and escalator industry, KONE
provides elevators, escalators and automatic building doors, as
well as solutions for maintenance and modernization to add value to
buildings throughout their life cycle. Through more effective
People Flow®, we make people's journeys safe, convenient and
reliable, in taller, smarter buildings. In 2017, KONE had annual
net sales of EUR 8.9 billion, and at the end of the year over
55,000 employees. KONE class B shares are listed on the Nasdaq
Helsinki Ltd. in Finland.