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 India, a subsidiary of Otis Worldwide Corporation which is into manufacturing, installation and servicing of elevators and escalators, has announced the introduction of Modular Series offering ...

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 ...

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 ...

When Otis Elevator Co. spins out from United Technologies in 2020 (probably happening sometime in April 2020), it will immediately catapult into the Fortune 500 with a valuation of $29 billion, $13 ...

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 ...

The manager of the Otis Elevator plant in South Carolina says his facility probably needs to expand beyond 700 employees. Otis Florence plant manager Brad Selleck did not give specifics when he spoke ...

Forbes contributors publish independent expert analyses and insights. Wayne Rash is a technology and science writer based in Washington. One kink in the return to work since the Covid-19 pandemic ...

Jean-Pierre van Rooy, the Belgian-born executive who took Otis Elevator Co.’s “recipe” for global growth to new heights, is stepping down as president April 1 and will retire next spring. He will be ...

Dallas, TX – When I say the name Otis, what do you think of? There's Redding and Rush if you're music fans, but for the majority of us who live or work above a second floor, most likely Otis is a name ...