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 ...

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 ...

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 ...

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 ...

- 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 ...

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 ...

Otis India, a subsidiary of Otis Worldwide (OTIS), has secured a major deal with My Home Group to provide next-generation elevator solutions for ...

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 ...

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

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 ...