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, ...

FARMINGTON, Conn.—UTC this week announced that it will be separating its business into three different companies: United Technologies, which will be comprised of the company's aerospace business; ...

Many technological advancements have changed the way we design in the past 150 years, but perhaps none has had a greater impact than the invention of the passenger elevator. Prior to Elisha Otis’ ...

- 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 ...

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 ...

DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/dmfnfl/otis_elevator) has announced the addition of the "Otis Elevator ...

Elevator maker Otis Worldwide beat Wall Street estimates for the third quarter on Wednesday, driven by a 27% rise in ...

Otis Elevator Company has agreed to pay more than $500,000 to resolve allegations tied to the False Claims Act. The settlement was announced Friday by the U.S. Attorney’s Office for the Eastern ...

Otis Elevator Co. has settled patent claims over the use of belts to lift elevators with Schindler Holding AG, which will license the technology from the United Technologies Corp. division. The six ...

Farmington-based Otis Elevator Co. has acquired Pennsylvania’s largest privately owned and operated full-service elevator company. Otis Elevator, a division of United Technologies Corp. in Hartford, ...