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KONE Wins Elevator World 2015 “Project of the Year” Award for Airport Escalator Modernization

Press Release Published 01/20/2015

KONE Corporation, press release

LISLE, Ill. Jan. 20, 2015 – KONE, a global leader in the elevator and escalator industry, was recently recognized with top honors in Elevator World magazine’s “Project of the Year” contest in the category of Escalator Modernization for its project located at the Seattle-Tacoma International Airport.

The award-winning project, which was completed in 2013, included the installation of two new escalators and 42 existing escalators that were either fully replaced or modernized, including 10 escalators modernized with the KONE EcoMod™ solution. This technology enabled KONE to replace the entire inner workings of the escalators without disruptive and expensive truss removal, allowing the airport to maintain open people flow routes in key busy areas of the airport.

Seattle-Tacoma International Airport is a busy airport, to the tune of nearly 35 million passengers in 2013 . Modernizing the escalators at the airport to improve the airport’s infrastructure functionality drew upon the unique capabilities, experience and innovative People Flow® solutions KONE is proud to possess. The project required intricate customer coordination to make it a success, which entailed extensive planning, construction project expertise and constant communication.

“We’re honored and proud to be recognized yet again for our work in the ‘Project of the Year’ category by Elevator World,” said Larry Wash, Executive Vice President of KONE Americas. “This award is a testament to continual exemplary work being done by KONE employees on a day-in and day-out basis.”

This is KONE’s ninth overall “Project of the Year” award win since 2005.

For more than a decade, Elevator World has recognized projects that highlight innovative design, special applications or unique problem-solving solutions in vertical, horizontal or inclined transportation. In order to be selected as a winner, each project is reviewed by a distinguished panel of industry specialists and judged on innovation, originality and creativity, as well as installation methods and techniques.

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.

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