3Phase Elevator completed the merger with TEC Elevator.

3Phase Elevator, a family of independent elevator companies, completed the merger with TEC Elevator, a full-service elevator company based in Pennsauken, New Jersey. Financial terms were not disclosed. "TEC has an outstanding reputation with their customers and is a market leader among area independents. This merger expands and strengthens our mutual abilities to service our customers. As the TEC and 3Phase teams collaborate with each other in the Philadelphia and New Jersey markets, we will have an opportunity to enhance our service capabilities and responsiveness to our existing customers while also accelerating growth with new customers," Mike Strachan, 3Phase Elevator CEO.