GUSTAV WOLF OPENS FACTORY IN U.S.
GUSTAV WOLF OPENS FACTORY IN U.S.
Gustav Wolf GmbH recently opened its new factory in the U.S. The wire and rope manufacturer, headquartered in Gütersloh, Germany, is, thus, pushing ahead with its international strategy and making a move toward further growth. "Our organic growth is a continuous process. This year, we're expecting our group turnover to increase by 15%, reaching US$184 million," Managing Director and majority shareholder Dr. Ernst Wolf commented. Other company leaders said they plan to have 30 staff at the site, and want to achieve a turnover of US$12.3 million and manufacture about 3,000 T. of elevator rope in the U.S. per year, exclusively for the American market.
U.S. TARIFF PUBLIC COMMENT WINDOW DUE MAY 11
A notice of determination, request for comments and notice of public hearing on the proposed Harmonized Tariff Schedule of the United States on China (which includes steel and other industry raw materials) has been released. Called U.S. Trade Representative (USTR) Docket No. USTR-2018-005, the 58-page document details the items in question and a timeline for public comments, a hearing and responses. The due date for filing requests to appear and a summary of expected testimony at the public hearing and for filing prehearing submissions is April 23, but written comments will be accepted through May 11. USTR “strongly prefers electronic submissions” at website but also offers alternative types of submissions. A public hearing at the U.S. International Trade Commission in Washington, D.C., will be convened on May 15.
AUSTIN NAMED CEO OF TÜV SÜD U.K. AND IRELAND
Global technical service provider TÜV SÜD has named Brian Austin CEO for the U.K. and Ireland, a position that will make him responsible for seven specialty divisions with more than 600 employees and a total turnover of GBP55 million (US$78 million). He is replacing CEO Michael Valente, who is retiring. The company called Austin an experienced CEO with “a proven track record in the development and delivery of strategic plans that achieve significant business growth.” He has more than 30 years’ experience and has held senior-level roles in a variety of businesses. TÜV SÜD provides testing, product certification, auditing, systems certification, training and knowledge services across a range of industries, including global elevator certification, and has 24,000 employees in more than 1,000 locations worldwide.
214 ESCALATORS PLANNED FOR INDIA’S CR
DNA India recently reported that India's Central Railways' (CR) suburban section will soon have fully functional escalators at every station, in accordance with a budget proposed in February. CR has already begun installing the 214 escalators. Thirty-four are already in operation, with 40 more planned to be operational in June, under the first phase. Unlike most foot-overbridge (FOB) escalators, these will offer both upward and downward service. All the work is expected to be complete by March 2019. The source added that the equipment is a part of a safety measure CR undertook following the "Elphinstone stampede" at a Mumbai railway station on September 29, 2017, in which at least 23 people were killed, and 39 others were injured.
