digitalization
Ziehl-Abegg Wins Germany’s Prestigious MX Award
Künzelsau, Germany-headquartered Ziehl-Abegg, a ventilation, control and drive technology specialist, has been honored with the prestigious Manufacturing Excellence (MX) Award, with the jury highlighting its innovation, vertical integration and consistent...
Spain’s MP Ascensores Secures Financing to Fuel Strategy
Financing agreements with five leading European financial institutions will allow MP Ascensores to confidently deploy its new 2025-27 Strategic Plan, the Seville, Spain-based lift manufacturer announced on June 5. Recently...
Bigé Elected President of French Elevator Association
Florence Bigé, CEO of TK Elevator (TKE) France, has been elected president of Fédération des Ascenseurs (French Elevator Association) TKE announced on LinkedIn, observing that Bigé "made history as the...
Schindler Unveils New MRL Elevator Schindler 5000
On April 29, Schindler announced the launch of the new Schindler 5000, a machine-room-less (MRL) elevator designed for low- to mid-rise offices, hotels, hospitals, apartment complexes and more. Available in most...
Focus Media To Buy Elevator Advertising Specialist Xianchao
Shares of Focus Media Information Technology leaped after China's largest outdoor advertising firm revealed plans to acquire elevator ad peer Xinchao Media Group for CNY8.3 billion (US$1.1 billion), marking a...
Otis Dedicated to Investing in China’s Digital Future
Otis Elevator Co. says it is dedicated to enhancing R&D efforts in China to serve both local and international markets and is seeking further adoption of personalized AI solutions, Sally...
Orona Realizes Significant Growth Amid Challenges
Hernani, Spain-headquartered Orona, Europe's fifth-largest vertical-transportation (VT) provider now covering 13 countries, announced on April 11 it realized significant growth in earnings in a challenging 2024 environment. EBITDA (earnings before...
Hitachi Elevator to Focus on Smart Building in China
Hitachi Elevator (China) Co. Ltd. will focus on developing the smart building business in China by accelerating its efforts in digitalization, intelligence and green initiatives, according to a senior company...
Fujitec DX Certification Renewed by METI
Japan-based Fujitec, Co. Ltd., announced on March 28 its national Digital Transformation (DX) certification has been renewed by Japan's Ministry of Economy, Trade and Industry (METI) through February 28, 2027....
Schindler: Local Sourcing Means No U.S. Steel Tariff Hit
Paolo Compagna, CEO of Switzerland-based Schindler, told Reuters in February that most of what the company manufactures at its plants in North Carolina and Pennsylvania uses materials that are sourced and produced...
