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KONE to Deliver Elevators for Trump Tower, the Second Tallest Building in the United States

Press Release Published 14/04/2005

KONE has been chosen to supply all 26 elevators for the 97-floor Trump International Hotel and Tower in Chicago. When completed, it will be the second tallest building in the United States, rising to 414.5 meters.

Four of the elevators to be delivered will be KONE's fastest in North America with a maximum travel speed of 8.0 m/s.

“KONE has won numerous prestigious major projects around the world in the past two years. Now another high-profile customer has demonstrated confidence in KONE’s leading technology and project management expertise by awarding the contract for the elevators for the tallest skyscraper to built in North America in over three decades. Winning the Trump Tower bid is a testimony to our competitiveness in the major projects business and our ability to win trophy projects in North America”, explains KONE’s Area Director for North America, Heimo Mäkinen.

Trump Tower, located in the heart of Chicago, will be home to 472 luxury condominiums and a five-star hotel with 286 luxury condominium guest rooms. The project also includes a conference center with a health spa, two ballrooms, a retail and dining area, and 1000 indoor parking spaces. The first stage of Trump International Hotel and Tower will be opened for occupancy in mid-2007, and full occupancy will be achieved by the spring of 2009.

Sender:

KONE Corporation

For more information, please contact:
Minna Mars, SVP, Corporate Communications & IR, tel. +358 (0)204 75 4501

www.kone.com
www.trumpchicago.com