FARMINGTON, Conn.--(BUSINESS WIRE)--Otis Elevator Company, a United Technologies Corp. (NYSE:UTX) company, is launching a new residential Gen2® elevator that eliminates the need for three phase power, ...

Otis launches a new elevator that is simpler to install, sustainable to operate, and is powered by a battery when the power fails FARMINGTON, Conn., (March 6, 2013) – Otis Elevator Company, a United ...

Otis elevators are in the Burj Khalifa in Dubai, the world’s tallest building at 2,722 ft. Image © Emaar properties. But it was Otis' elevator that would allow for ...

- Acquisition adds to the company's industry-leading maintenance portfolio of more than 2M units. FARMINGTON, Conn., Aug. 17, 2020 /PRNewswire/ -- Otis Worldwide Corporation (NYSE: OTIS) has acquired ...

Riding in an elevator used to be dangerous business — until Elisha Otis, of Otis Elevator Company fame, invented a device that could prevent a passenger elevator from falling if its rope broke. It ...

Executives at Otis Elevator, which is due to be spun off from United Technologies Corp. in April, didn’t look far to pick a stock ticker to identify the new company on Wall Street: OTIS. For its new ...

BENNINGTON, VT. — Visitors to the Bennington Battle Monument will be lifted to the observation deck on a new elevator when it opens for the season next month. New components have replaced the monument ...

Otis Worldwide Corporation (NYSE:OTIS), a global leader in the elevator and escalator industry with annual revenue of $14.26 billion, finds itself at a crossroads as it navigates a complex market ...

Elevator maker Otis Worldwide beat Wall Street estimates for the third quarter on Wednesday, driven by a 27% rise in ...

SEATTLE, May 23, 2025 /PRNewswire/ -- A new, double-deck glass elevator from Otis opened for its first rides to passengers Friday as part of a new experience at the iconic Space Needle. Visitors to ...