Otis
Otis Appoints Lopez As Southeast Asia MD
Otis Worldwide Corp. has announced the appointment of Nicolas Lopez as managing director (MD) of Southeast Asia, overseeing operations across Singapore, Malaysia, Indonesia, Thailand, Vietnam and the rest of the ASEAN...
Nine-Elevator Otis System for Pennsylvania Hospital Expansion
Otis will provide nine elevators, including five Gen3 PeakTM and one Gen3 EdgeTM units, for Luke's University Health Network's Anderson Campus hospital in Bethlehem Township, Pennsylvania, Otis Chair, President and CEO Judy...
Otis Faces Below-Expected 3Q Earnings, Cuts 2024 Projection
The Dow Jones reports that Otis posted third-quarter (3Q) earnings of US$540 million, or US$1.34 a share, up from US$376 million, or US$.91 a share, a year earlier. Excluding certain...
Alaskan Accessibility
Otis team delivers VT solutions for a growing airport serving a small island town. Nestled among the mountains and lakes of Southeast Alaska, Sitka is a small town steeped in...
Japanese OEM Fujitec Exploring Sale to Private Equity
Japanese OEM Fujitec is in talks with private equity groups, including Sweden’s EQT, about a potential sale of its approximately US$2.1-billion elevator and escalator business, the Financial Times reports. The...
OEM Provides On-Site Training for Missouri Courthouse Personnel
Gasconade County, Missouri, courthouse personnel received on-site training for their new elevator, the Gasconade County Republican reports. Two representatives from Otis Elevator offered a tutorial to local officials on the...
In Memoriam: Francis “Frank” Ferrara
Francis "Frank" Ferrara, a retired state of Massachusetts elevator inspector, passed away on September 29, 2024, at the age of 70. Ferrara, of Burlington, Massachusetts, became a licensed elevator technician...
Anwar Group Named Authorized Otis Distributor in Bangladesh
AG Industrial Solutions, a subsidiary of Anwar Group, has announced its appointment as the exclusive authorized distributor for Otis Elevator Co. in Bangladesh, the Dhaka Tribune reports. This strategic collaboration with Otis...
Otis Korea Completes Two Major Modernizations in Seoul
Otis Elevator Korea announced on October 7 it completed two major elevator modernizations in Seoul, South Korea: The 45-story Gangnam Financial Center (GFC) and the 30-story Seoul Finance Center, both...
Otis Elevator Modernization at University Hospital Vienna
Otis announced on October 8 it completed a comprehensive, 10-unit elevator modernization at University Hospital Vienna — the largest hospital in Austria — with which Otis has had a relationship...
