Otis Elevator Company Description
"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.
View the Comprehensive Company Description for Otis Elevator
The Company Description provides a historical perspective of Otis Elevator's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Otis Elevator's evolution in the marketplace.
