Otis Worldwide Corp.'s subsidiary Otis Elevator Co., and former Otis sub CemcoLift Elevators Systems, is recalling about 5,000 private residence elevators, after at least four incidents that resulted ...

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 ...

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 ...

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 ...

NEEDHAM, Mass.--(BUSINESS WIRE)--PTC® (Nasdaq: PMTC), The Product Development Company®, today announced that Otis Elevator Company, the world’s leading manufacturer and maintainer of people-moving ...

Farmington elevator manufacturing and maintenance company Otis Worldwide Corp. says it's acquired a Massachusetts-based elevator company in an effort to expand its Northeast footprint. Otis on Monday ...

DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Elevator and Escalator Market in Australia 2017-2021" report to their offering. The elevator and escalator market in ...