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KONE/TKE deal update, Maritimes mechanics back at work, VA fraud charges

ISSUE 10  ·  15 October 2026 KONE's €29.4 billion takeover of TK Elevator is six months old and no regulator has signed off. Our lead lays out every step so far and what it means on this side of the Atlantic. Also: Maritimes mechanics are back after a

Schindler's install robot, the Kone-TK Elevator deal, and two falls

ISSUE 9  ·  1 October 2026 This issue opens with a robot that is changing how guide rails go in on the job site. Also inside: a deal that would redraw the global elevator market, and two falls from the past few weeks, one into an open elevator shaft in Branson,

Counterweight: Six years, one industry, a lot fewer owners; NYC's brake deadline; Honolulu outages

The lead this issue is our own: six years of consolidation, from the KONE-TKE deal at the top to private equity buying the independents, the parts makers and...

Brockville's three-month outage, Schindler at the GM Building, Otis in Tianjin

In Brockville, Ontario, a single elevator has been down for nearly three months, and the people living above it are still doing the stairs. That won't turn u...

Alberta's code skip, DOJ reviews Kone-TKE, and more (Aug 2026)

This issue is heavy on regulatory and market structure: Alberta's decision to bypass the 2022 code edition means two editions' worth of requirements land sim...

KONE Q2 orders up 10.6%, NJ safety bills, MBTA escalator death

This issue covers a lot of ground: the KONE–TK Elevator deal continues to reshape the competitive field, with Schindler already positioning to benefit, while...

Counterweight | Heat safety, Toronto fatality, Savaria's EU move

This issue arrives at a busy moment for the industry on both sides of the border. In Canada, Ontario's TSSA has levied its first-ever administrative penaltie...

Fatal escalator fall in Toronto; US mechanic shortage deepens

This issue covers a fatal escalator fall at a Toronto mall that has prompted questions about jurisdictional responsibility, a deepening shortage of qualified...

One trade, three rulebooks: how mechanic recertification differs across BC, Ontario & the U.S.

Counterweight Analysis By Counterweight A certified mechanic in Vancouver, Toronto and New York does broadly the same work. The paperwork that keeps each of them licensed looks almost nothing alike. British Columbia Technical Safety BC certifies elevating devices mechanics itself, in classes A, H, C and MR. A certificate of

Counterweight: Schindler’s robots, MBTA escalator PSAs & a Buckhead elevator fall

This issue covers two ends of the industry spectrum: Schindler's continued push toward robotic installation, and a pair of sobering safety incidents that are...

Issue #1 - Kone-TKE merger, mechanic wages & the new A17.1 code

Welcome to the first issue of Counterweight. We've cast a slightly wider net this time to capture the biggest stories of recent weeks. Going forward, each is...