For ThyssenKrupp Elevator Americas, business is a series of ups and downs. The company is the North American business unit of one of the world's leading elevator makers, ThyssenKrupp Elevator. ThyssenKrupp Elevator Americas manufactures and maintains elevators throughout the US and Canada, as well Central and South America. Its products include escalators, moving sidewalks, freight elevators, Oildraulic hydraulic elevators (for low-rise buildings), traction elevators, and elevator fixtures. The company's more than 200 sales and service offices help serve large construction projects. ThyssenKrupp Elevator Americas' products are installed at the Time Warner Center in New York and the Wynn Las Vegas casino hotel.
Building upon its success, in 2009 ThyssenKrupp Elevator was awarded an $88 million contract from The Port Authority of New York and New Jersey to make and install several express elevators for the One World Trade Center (also known as the Freedom Tower and formerly the World Trade Center). The city's tallest building is anticipated to house five of the fastest elevators in the western hemisphere when it opens in 2013. With a top speed of 2,000 feet per minute, they will take visitors to the restaurant and observatory. Only Taiwan's Taipei 101, the tallest completed building in the world, is believed to have faster elevators. – less