To Survive, thyssenkrupp Turns Toward Another Business
06/21/2017 - Germany’s biggest steelmaker has a strategy that it hopes will allow it to succeed in a world awash in low-cost steel: make something other than steel.
According to the Bloomberg news service, thyssenkrupp AG has been investing heavily in its elevator unit, once a side business, and bringing new innovations to market, such as an elevator that moves sideways.
You can read more about the company’s ongoing transformation here.
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