Company Special:Schindler meets rising demand with Shanghai escalator plant

Switzerland's Schindler Group, the world largest escalator manufacturer, recently opened its largest plant in the world in Shanghai to meet China's growing demand for escalators.

The nation's urbanization and infrastructure development has provided great opportunities for the elevator and escalator industry, the company said.

China is now the world's largest manufacturing center for elevators and escalators, with more than 65 percent of global production.