Shanxi company listed in Global Lighthouse Network list
Taiyuan Heavy Industry Transit Equipment Co, based in North China's Shanxi province, has been named in the latest Global Lighthouse Network list unveiled by the World Economic Forum (WEF) on Oct 8. This marks the first time a manufacturer from Shanxi has received this recognition.
The Global Lighthouse Network initiative, put forward by the WEF and McKinsey & Company, is hailed as the "most advanced factories globally", exemplary "digital manufacturing", and "Globalization 4.0", representing the pinnacle of intelligent manufacturing and digitization in today's global manufacturing sector.
Taiyuan Heavy Industry Transit Equipment Co is a comprehensive R&D and manufacturing base for wheels, axles, gearboxes, and wheelsets for rail transit. By advancing intelligent development, the company has garnered accolades such as National Intelligent Manufacturing Demonstration Factory, Excellent Scenario, Provincial Intelligent Manufacturing Benchmark Project, and Demonstration Enterprise.
As an industry trailblazer, the company has integrated cutting-edge technologies into production, outlining a blueprint for artificial intelligence (AI) solutions to enhance production efficiency, problem-solving capabilities, and innovation.
By implementing over 40 technical cases, combined with AI and flexible automation, the company has reduced product defects by 33 percent, decreased per-unit production cost by 29 percent, and increased output by 33 percent.