Thyssenskrup Elevators, the leading global manufacturer of elevators, will be showing their work to the world in New York City next month for the first time since the collapse of Lehman Brothers.
The firm announced the show, which will take place at the Tower, on Tuesday at the opening of the company’s second show in its new Manhattan headquarters, the tower, which is located just a few blocks away from the World Trade Center site.
At the show the company will show a series of new elevators that have undergone numerous upgrades since the start of the financial crisis.
This includes a new elevator that has been fully automated and can travel from a station to a point in about an hour, and the first of a new series of two-person elevators for use on commercial floors.
The company said it expects the show to generate significant interest from customers and investors, including investors in private equity firms and high-net-worth individuals who can purchase shares in the firm’s stock, which trades on the New York Stock Exchange.
Thyssenskruck is one of several companies that have been making major investment in the city, including the $1.6 billion redevelopment of the Macy’s department store on the Upper West Side, which opened in late December.
More recently, the company has also begun to invest in new retail space in Manhattan, with plans to open a large, four-story building on East 83rd Street that will house restaurants, a hotel and a high-end hotel-casino.
ThyssenKruck also is working on a high rise in Brooklyn.
The company said that, in the coming years, the building will include offices, restaurants and offices.
It is unclear how long the show will last, but it has attracted thousands of people and generated considerable interest in the industry.
Thyssekrupps elevator brand, which started in Germany in 1891, has become a household name and has become one of the most recognizable brands in the world.
The firm is based in Munich, Germany.