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Otis Elevator Company · Farmington, CT United States

Company Description

1 Farm Springs Rd.
Farmington, CT
06032
United States (Map)
Phone: 860-676-6000
Fax: 860-676-5111
Toll Free: 800-233-6847
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    "Floor, please?" If you're looking for Otis Elevator, head for the top. The United Technologies subsidiary (it accounts for about 20% of UTC's sales) is the world's #1 maker of elevators, with more than 2 million elevators, escalators, and moving sidewalks in service worldwide. It makes gearless elevators for high-rises, geared elevators for mid-rise buildings, and heavy-duty elevators for moving freight. Other products include Otis Shuttle short-haul transport systems for airports and hospitals. Otis products can be found in such attractions as Rio's Christ the Redeemer monument, the Eiffel Tower, the Sydney Opera House, and the Duomo. Four-fifths of its sales come from outside the US. To read the full description, subscribe now.
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    Key Otis Elevator Company Financials

    Company TypeSubsidiary

    Headquarters
    Fiscal Year-EndDecember
    2008 Sales (mil.)$12,949.0
    2008 Employees63,000

    Otis Elevator Company Executives

    12 executives listed for Otis Elevator Company's Farmington, CT location.
    TitleName & BioContact
    PresidentDidier Michaud-DanielNetwork
    VP and CFOAngelo MessinaNetwork
    SVP, Strategy and Development and CommunicationsG. DiehlNetwork

    Competition

    Competitive Landscape for Otis Elevator Company
    Demand for machinery depends on overall industrial activity and on the health of sectors such as agriculture, construction, and power generation. The profitability of individual companies depends on engineering expertise and efficient production. Large companies have economies of scale in purchasing. Small companies can compete effectively by specializing. The industry is capital-intensive: average annual revenue per worker is about $320,000. To read the full description, subscribe now.
    Top Otis Elevator Company Competitors
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