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 ...
Fifteen years ago, Otis Elevator joined the stampede of U.S. manufacturers who moved production to Mexico in a bid to save ...
Otis Worldwide Corporation OTIS launched the new Gen3 Core elevator under the Gen3 umbrella. The digitally native elevator is designed explicitly to fit in with North America's growing demand for ...
SEATTLE, May 23, 2025 /PRNewswire/ -- A new, double-deck glass elevator from Otis opened for its first rides to passengers Friday as part of a new experience at the iconic Space Needle. Visitors to ...
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 ...
We’ve lifted our fair value estimate for Otis Worldwide OTIS by 30% to $95 per share following a transfer of coverage and a fresh look at our long-term thesis. We are more positive on the secular ...
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