Machine drives, which are primarily electric motors, pumps, and fans, account for about half of the manufacturing sector’s delivered electricity use and 8% of the sector’s total fuel consumption. Their wide use across many industries results in a substantial impact of electric motors efficiency on the demand placed on power grids.
Mitsubishi Electric Corporation(TOKYO: 6503) announced today it has secured an order to deliver a total of 38 elevators and escalators to MAHANAKHON, a commercial complex under construction in Bangkok, Thailand.
Industrial motors may not be the first thing that comes to mind when one thinks of a 21st-century entrepreneur tinkering in his garage. Anthony Wong didn’t even have a garage; he only had an extra bedroom.
