Otis Elevator Co. has come a long way from being an elevator pioneer in the 1850s. Today, the company’s elevators and escalators carry two billion people daily, and technology is driving sales and ...

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 ...

HARTFORD, Conn. (CBSNewYork/AP)-- Everything is big with New York's landmark Empire State Building, so upgrading the 20th century elevators running up and down its 102 floors without disrupting ...

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 Elevator Company Pty Ltd (Otis Australia) – a unit of United Technologies Corp. UTX -- was recently awarded a contract to install 22 elevators and escalators at the Aurora Melbourne Central for ...

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 ...

Otis Elevator faces technician shortages just months after rolling out a service platform linking the workers with elevator mechanics. The marquee subsidiary of United Technologies Corp. is responding ...

An appeals court on Friday overturned a trial judge's ruling to dismiss a patent-infringement case against United Technologies Corp. ’s Otis Elevator filed by rival Schindler Holding over technology ...

The president of Otis elevator has resigned, parent company United Technologies Corp. said Thursday. Philippe Delpech, who held the top job since 2015, is taking “another opportunity” in Europe, UTC ...

KNOXVILLE, Tenn. (WATE) — An international elevator services firm will pay a more than $600,000 settlement over allegations that they invoiced the Tennessee Valley Authority of preventative ...