Janus Elevator Products Spins off Monitor Controls
The board of directors of Janus Elevator Products Inc., Hauppauge, N.Y., unanimously 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. The new company, named Monitor Controls Inc., will continue to provide elevator fixtures and touch-panel display technology for the elevator industry. Rob Isabelle, currently vice president of engineering and manufacturing, will lead the new Monitor as president. Janus will retain its elevator safety edge, emergency phone, and digital display businesses. Mike Byrne will continue as president of Janus.