Otis
Otis Integrates Robot and Elevators in New Zealand
For the first time, Otis has integrated a service robot with elevators at a hotel in New Zealand with Otis Integrated DispatchTM Application Programming Interface (API) technology that allows the...
Otis Acquires Eight Urban Elevator Locations
Otis acquired eight Urban Elevator Service locations in the U.S., Maven Group, which served as financial advisor to Urban Elevator, announced on April 21. All eight locations will be under...
Otis Dedicated to Investing in China’s Digital Future
Otis Elevator Co. says it is dedicated to enhancing R&D efforts in China to serve both local and international markets and is seeking further adoption of personalized AI solutions, Sally...
TKE Considering US$22.7-Billion IPO in U.S. in 2026
Germany’s TK Elevator (TKE), the fourth-largest elevator maker in sales behind U.S.-based Otis, Switzerland’s Schindler and Finland-based KONE, is considering an initial public offering (IPO) in the U.S. in 2026, Reuters reports....
Unitec Announces Temporary Closure
Unitec Parts Co., the OTIS OEM provider headquartered in Bloomfield, Connecticut, announced it will close temporarily on April 17-18. Unitec, a provider of top-quality elevator and escalator replacement parts for...
Southwest Elevator Welcomes South Florida Service Manager
Southwest Elevator Co., headquartered in Fort Worth, Texas, announced in March it named Elisha Mueller as South Florida service manager, based in Miami. Mueller joins Southwest from Otis, where she...
ESI Names Regional Sales and Business Development Manager
Elevator Systems, Inc. (ESI) announced it named John Ghosn sales and business development manger for Chicago and the Midwest. With more than 30 years' experience in field sales and branch...
Otis Taiwan to Supply 65 VT Units for MRT Extension
Otis announced in March Otis Taiwan will supply 65 vertical-transportation (VT) units — 50 escalators and 15 Gen2® elevators — for the extension of the Kaohsiung Mass Rapid Transit (MRT) Red...
Otis India to Equip Five Projects With 178 Elevators
Otis India, a subsidiary of Otis Worldwide Corp., announced on April 1 it secured an agreement with Aparna Constructions to provide innovative elevator solutions for five ultra-luxury residential projects situated...
Otis and Mitsubishi Electric Recognized as Innovators
Otis has been recognized by Clarivate, a leading global provider of transformative intelligence, as one of the Top 100 Global Innovators for 2025. The list consults global patent data to...
