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updated: 11/2/2012 10:02 AM

KONE ranked as one of the world's most innovative companies

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For the second year running, elevator and escalator manufacturer KONE, of Lisle, has been ranked among the top 50 most innovative companies in the world by the U.S.-based business magazine Forbes.

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KONE is one of two engineering services sector companies that reached the top 50, and remains the only elevator and escalator company ever to have made it to the top 50.

Forbes' ranking is based on a metric called the "Innovation Premium." It is a grade bestowed by Forbes upon a company as a measure of the premium the stock market has placed on the value of the company due to expectations of future innovative products, services, and new markets that will generate even larger income streams.

"KONE is a pioneer within the elevator and escalator industry. We continuously look for opportunities to develop our products, services and processes in order to deliver a better customer and user experience as well as improve our performance in eco-efficiency," says Larry Wash, executive vice president and area director of KONE Americas.

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