The Board of Directors of Janus Elevator Products, Inc. approved a separation of the company's two core businesses - Janus elevator safety edges and Monitor Controls elevator fixtures. The board plans for Janus Elevator Products to continue as an independent company focused on its safety edge, emergency phone, and digital display components business, and spin-off its Monitor Controls elevator fixtures and touch-panel display business into an independent company.
Each business has leading consumer brands and the new structure, effective October 1, 2011, will allow each to better serve its customers.
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Editorial
The AEC industry shares a widespread obsession with the new. New is fresh. New is youthful. New is cool. But “old” or “slightly used” can be financially profitable and professionally rewarding, too.