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Many old lifts with 20-30 years of service are often scrapped when new, better ,faster lifts with latest amenities are installed.
Modernization is a process by which the old lift is stripped and while the metal frame (if good) is retained , the cabin,doors ,machine ,electrical system is put in new and in a short time the old lift is converted to a new and reliable lift.
Hydraulic lifts are especially suited for retrofitting because they need only wall support for the lift and the load is always transferred to the pit.