Mitsubishi Electric
Otis and Mitsubishi Electric Recognized as Innovators
Otis has been recognized by Clarivate, a leading global provider of transformative intelligence, as one of the Top 100 Global Innovators for 2025. The list consults global patent data to...
MEBS to Launch Control Renewal Menu for Elevators by Other Manufacturers
Tokyo, Japan-headquartered Mitsubishi Electric Building Solutions (MEBS) will launch a new control renewal menu on March 19 for elevators manufactured by other companies and installed in existing buildings. By developing...
MET Completes CSR Project for Bangkok School
Mitsubishi Elevator (Thailand) Co., Ltd. (MET), a leader in elevator and escalator solutions, has reaffirmed its commitment to corporate social responsibility (CSR) with the handover of a new library and...
Norwegian Expansion
Mitsubishi Electric's Swedish subsidiary acquires Norwegian elevator company ALT Heis. submitted by Mitsubishi Electric Aiming to further strengthen its elevator and escalator business in Europe via mergers and acquisitions (M&A),...
Mitsubishi Electric Acquires Norway’s ALT Heis
Through wholly owned Swedish subsidiary Motum, Tokyo-based Mitsubishi Electric Corp. acquired all shares of Norwegian elevator company ALT Heis, Mitsubishi Electric announced on November 29. The move follows the 2023...
Japanese OEM Fujitec Exploring Sale to Private Equity
Japanese OEM Fujitec is in talks with private equity groups, including Sweden’s EQT, about a potential sale of its approximately US$2.1-billion elevator and escalator business, the Financial Times reports. The...
MJEE To Provide 55 VT Units to New Indonesia Captial
PT Mitsubishi Jaya Elevator and Escalator (MJEE), the Indonesian division of Mitsubishi Electric Building Solutions Corp., has been selected to provide 55 vertical-transportation (VT) units — 33 elevators and 22...
Longtime Elevator Professional Releases Motivational Book in India
Vivek Puranik, a U.S.-based author who has more than 27 years’ experience in the elevator industry, has released the book “Feathers On My Wings” in India, geared toward “preparing young...
Mitsubishi Elevator Thailand Highlights Human-AI Collaboration
In Property Forum Thailand, Mitsubishi Elevator (Thailand) Co., Ltd., recently highlighted how it invests in both human expertise and artificial intelligence (AI) to optimize vertical-transportation (VT) equipment performance. Complementing Mitsubishi...
VT Companies Named to World’s Best Employers List
Forbes recently released its seventh annual list of the World’s Best Employers, and a number of vertical-transportation (VT) companies made the list including Otis, Schindler, Mitsubishi Electric and KONE. The...
