With safety as its top priority, The Otis Elevator Co, one of the largest elevator and escalator producers in the world in terms of sales volume, is planning to increase investment in maintenance and ...

Otis Worldwide is the largest elevator and escalator original equipment manufacturer globally with integrated operations that span manufacturing and installation activities, as well as elevator and ...

Otis Elevator Company has agreed to pay more than $500,000 to resolve allegations tied to the False Claims Act. The settlement was announced Friday by the U.S. Attorney’s Office for the Eastern ...

KNOXVILLE, Tenn. (WATE) — An international elevator services firm will pay a more than $600,000 settlement over allegations that they invoiced the Tennessee Valley Authority of preventative ...

(MENAFN- Newsroom Panama) Otis Panama has been selected to provide maintenance services for more than 200 units on Line 1 of the Panama Metro over the next four years. Most of the 60 elevators and 158 ...

Otis Elevator faces technician shortages just months after rolling out a service platform linking the workers with elevator mechanics. The marquee subsidiary of United Technologies Corp. is responding ...

Otis Elevator Co. announced Wednesday the Farmington company won a 10-year contract to continute to maintain 105 units at the European Parliament in Strasbourg, France. The contract includes 23 Gen2 ...

ROME (Reuters) -Italy's competition authority (AGCM) has closed its investigation into Otis, it said on Thursday, after the U.S. elevator maker said it would refund Italian customers to the tune of ...

When Otis Elevator Co. spins out from United Technologies in 2020 (probably happening sometime in April 2020), it will immediately catapult into the Fortune 500 with a valuation of $29 billion, $13 ...

Farmington elevator manufacturing and maintenance company Otis Worldwide Corp. says it's acquired a Massachusetts-based elevator company in an effort to expand its Northeast footprint. Otis on Monday ...

Otis has a leading position in a very attractive industry. In addition to being resilient, the industry offers growth opportunities. Otis is now well positioned to strengthen its leading position and ...