R&D
Otis Realizes Opportunities Through China VT Renewal
U.S.-based OEM Otis is realizing vast business opportunities through China's vertical-transportation (VT) renewal programs, particularly local governments' plans to modernize more than 40,000 residential elevators that are older than 20...
Growth Hive UK Provides Guide for R&D Tax Credits
In the competitive landscape of U.K. business, R&D tax credits can offer a financial lifeline that fuels innovation, growth and success, and Growth Hive UK has provided a guide to...
Nidec Announces New Identity for Elevator Business
Nidec Corp. has announced a new, streamlined, unifying identity for its elevator business: Nidec Elevator, headquartered in Rancho Cordova, California. The business unit boasts a legacy of business brands, including...
KONE Participates in “Decarbonization Catalyst” Workshops
Finnish OEM KONE recently participated in a series of workshops that brought together members of the Nordic Superblocks as Decarbonization Catalysts consortium (NSDC) to brainstorm innovation opportunities and consolidate more...
Ziehl-Abegg Appoints Mayer New CTO
The supervisory board of Künzelsau, Germany-based Ziehl-Abegg SE has appointed Wolfgang Mayer as the company's new chief technology officer (CTO). Joining the global electric motor specialist from Kuka Robotics, Mayer's...
KONE Elevators India Inaugurates Test Tower and Labs Near Chennai
KONE Elevators India inaugurated an elevator test tower and labs at its location in Sriperumbudur near Chennai on October 31, with KONE President and CEO Henrik Ehrnrooth and KONE India...
India Residential Lift Company Expands With New Office Space
Nibav Home Elevators, a leading elevator company in producing vacuum residential lifts, has announced it is expanding its Chennai, India, presence with a new three-story downtown office while also releasing...
