Global safety solutions provider Allegion plc has acquired the business units of Next Door Company, a Miami-based manufacturer of stainless steel and hollow metal doors for industrial, commercial and institutional buildings since 1993, through a subsidiary.
Next Door complements Allegion’s existing range and will be incorporated into the Allegion Americas division under Senior Vice President Dave Ilardi. Owner Justin Schechter will remain on board to support the growth of the merged companies. Both sides emphasise the strategic importance of the acquisition for future expansion.
Germany’s first AI factory for industry goes into operation in Munich
Industrial AI infrastructure as a building block of digital sovereignty With the official launch of the Industrial AI Cloud in Munich, Deutsche Telekom is setting an important milestone in industrial policy. In cooperation with NVIDIA and data centre partner Polarise,...
