Otis
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...
Red Dot Award Competition Adds Sustainable Design Category
The international Red Dot Award competition has launched a new product design meta-category: sustainable design, which focuses on sustainable and responsible product design. Through January 31, 2025, designers and companies...
Fortune India Talks to Otis CEO About Regional Market Trends
Fortune India published a piece on October 7 in which the author interviewed Otis Chair, President and CEO Judy Marks about market trends and company strategy in areas including North...
Dubai’s One Za’abeel Named CTBUH BTB Middle East and Africa
One Za'abeel, a mixed-use tower complex in Dubai, U.A.E., distinguished by having the longest cantilevered section in the world, has been named the Council on Tall Buildings and Urban Habitat...
Otis Australia Chosen For Landmark Modernization Project
Otis Australia has been selected by 101 Collins Street for an elevator modernization project at this iconic landmark in Melbourne's central business district, yahoo finance reports. Otis will modernize 30...
