MADRID, Sept. 30, 2025 /PRNewswire/ -- There are more than six million elevators in use in Europe today. In many European ...

Farmington, Connecticut-based Otis Worldwide Corporation (OTIS) develops, manufactures, installs, and services vertical ...

TAIPEI, April 2, 2025 /PRNewswire/ -- Otis Taiwan will supply 65 elevators and escalators for the extension of the Kaohsiung MRT Red Line RLC01, expanding its presence in the city's transportation ...

On Sept. 20, 1853, Elisha Graves Otis sold his first “hoist machine,” or elevator, featuring an automatic safety brake he had patented. His seemingly simple invention was designed to stop a platform ...

The OTIS ELEVATOR COMPANY can trace its origins to 1853, when Elisha Graves Otis introduced the first safety passenger elevator at the Crystal Palace Convention in New York City. His invention ...

Apartment builders have a new sustainable instrument in their development toolbox thanks to Gen2 Swtich, a new residential elevator by Otis. Farmington, Conn.—Apartment builders have a new instrument ...

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 ...

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 ...

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 ...