OEMS

Toshiba Considers US$4-Billion Sale of Elevator Company

Toshiba Corp. is considering the sale of its elevator manufacturing business, and major companies, including global OEMs, are showing interest in taking over the Japan-based lift division, Bloomberg reports. KONE,...

OEMS Win Prestigious Red Dot Product Design Awards

Otis and KONE are among OEMs to recently announce winning awards in the international Red Dot Award: Product Design 2021 competition. Otis was recognized for its Ambiance hall fixtures with...