ThyssenKrupp Elevator awarded exclusive Freedom Tower contract

Düsseldorf, (PresseBox) - ThyssenKrupp Elevator, one of the world’s leading manufacturers, installers and service providers of vertical and horizontal transportation technology, was awarded a contract to install all 71 elevators, nine escalators and the maintenance in the Freedom Tower, New York City. This is one of the largest orders in ThyssenKrupp Elevator history.

Freedom Tower is under construction at the site of the former World Trade Center, and is scheduled to be complete in December 2011. The fastest elevators in the building will reach speeds of up to 9 m/s. When the project is complete, Freedom Tower will reach 541 meters (1,776 feet) and stand 105 stories.

"We are proud to be a partner in this historic Freedom Tower project," said Barry Pletch, CEO of ThyssenKrupp Elevator Americas Business Unit. "We will draw on our extensive high-rise experience to provide elevators and escalators that surpass safety standards and that provide passengers with the most innovative technology and design available."

"ThyssenKrupp Elevator was selected for this monumental project based on our competitive responses and attention to detail during four rounds of evaluations," says Bill Gooding, Regional President of New York, New Jersey and Pennsylvania, ThyssenKrupp Elevator Americas Business Unit. "Our team is well-equipped to handle this contract."

ThyssenKrupp Elevator still manufactures the major components of all elevators to ensure their strict standards are met. The US$150 million contract includes 64 gearless and six machine-room-less elevators as well as one geared elevator and nine escalators.

Freedom Tower was designed by Studio Daniel Libeskind. Construction began in 2006.

thyssenkrupp Elevator AG

ThyssenKrupp Elevator is one of the leading elevator companies in the world and represented at over 800 locations in more than 60 countries. With approx. 40,000 employees, the company generated sales of over 4.7 billion euros in the fiscal year to September 30, 2007. Products include passenger and freight elevators, escalators and moving walks, stair and platform lifts, passenger boarding bridges as well as quality service for all products.

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