Otis
Otis Secures 29-Unit Modernization Contract in Sweden
Otis has secured a contract to modernize 29 escalators for A-Train AB, the operator of the Arlanda Express, which connects the Stockholm, Sweden, city center to Arlanda Airport. The project, starting...
ATTA Elevators Expands to Portland, Oregon
ATTA Elevators announced on March 1 the opening of its Portland, Oregon, office. Leading the new office is vertical-transportation (VT) industry veteran Maria Ortiz, who joins ATTA as regional vice...
Otis MRL Elevators for Dubai Luxury Residential Project
Working with general contractor Naresco Contracting LLC, Otis provided 13 machine-room-less (MRL) Gen2® elevators for Torino by ORO24, a new luxury residential development in Arjan, Dubai, Otis Director of Sales &...
Otis to Provide Maintenance for VT on Panama Metro Line
Otis announced on February 17 that Otis Panama has been selected to provide maintenance for more than 200 pieces of vertical-transportation (VT) equipment on Line 1 of the Panama Metro...
Hippodrome’s Historic Manual Elevator Being Restored
The City of Gainesville’s Wild Spaces & Public Places Department and the Department of Parks, Recreation and Cultural Affairs announced that the US$135,799 project to restore the Hippodrome’s historic elevator...
Illinois Garage to Get Modernized Elevator
Galesburg, Illinois, Aldermen unanimously approved nearly US$19,000 in Tax Increment Financing funding to cover a portion of the expense to modernize the elevator and replace the garage door at a...
Otis to Install and Maintain 142 VT Units for IMSS
During a January 29 earnings call, Otis President, Chair and CEO Judy Marks said the company will install 142 vertical-transportation (VT) units at Mexican Social Security Institute (IMSS) facilities. The...
Otis India’s First Use of Compass 360 for Hyderabad Towers
Otis will install 21 elevators at The Trilight, a luxury residential project consisting of three interconnected towers up to 60 stories tall in Hyderabad, India, Otis President, Chair and CEO...
Otis to Install 18 VT Units at New EIT Oxford Campus
Otis will install 18 vertical-transportation (VT) units — 17 elevators and one platform lift — at the Ellison Institute of Technologies (EIT) Oxford Interdisciplinary Research and Development campus in Oxford,...
Otis Lowers Earnings Expectations on Continued Weak Demand in China
Otis expects full-year net sales of US$14.1 billion-US$14.4 billion, below estimates of US$14.6 billion as the Chinese property market crisis continues to weaken demand for new equipment, Reuters is among outlets to...