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 ...

In September 2025, Otis Worldwide announced the launch of its Arise™ MOD Prime and MOD Plus elevator modernization solutions in key European markets, aiming to address the challenges of aging elevator ...

Otis Worldwide recently secured a contract to supply 265 Otis Gen2® Prime elevators for Mountain View Real Estate Development, enhancing its presence in Egypt's real estate market. This announcement, ...

SINGAPORE - Otis Worldwide Corporation (NYSE:OTIS), a prominent player in the Machinery industry with a market capitalization of $34.76 billion, has been selected by Singapore’s Land Transport ...

Developer BXP, commercial broker CBRE and Otis Elevator have been charged with negligence after an elevator accident outside a church cost a senior citizen her life, according to a lawsuit filed this ...

The "U.S. Elevator and Escalator Market - Size & Growth Forecast 2025-2030" report has been added to ResearchAndMarkets.com's offering. The U.S. Elevator and Escalator Market was sized at 37,026 units ...

Farmington-based Otis Worldwide has built a new, floor-to-ceiling glass elevator for Seattle’s iconic Space Needle. The first of three custom Otis SkyRise sightseeing elevators debuted at the 605-foot ...

Promotion: Swiss elevator and escalator brand Schindler has unveiled the Schindler X8 at Milan design week 2025, which aims to give architects more creative freedom. Schindler X8 is designed to be a ...

ROME (Reuters) -Italy's competition authority (AGCM) has closed its investigation into Otis, it said on Thursday, after the U.S. elevator maker said it would refund Italian customers to the tune of ...

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 ...

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 ...

An elevator and escalator manufacturer is hitting the call button to get to a new Manhattan office, Commercial Observer has learned. Asking rent was $95 per square foot, according to Durst, and the ...