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Otis elevator in Glasgow, Scotland, imported from the U.S. in 1856 for Gardner's Warehouse, the oldest cast-iron fronted building in the British Isles [7] Otis founded the Otis Elevator Company in Yonkers, New York, in 1853. When he died in 1861 his sons Charles and Norton formed a partnership and continued the business.
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Montgomery Elevator: Acquired by Kone, Canadian division in 1985 and U.S. division in 1994. Marshall Elevator: Sold to Otis; Schweizerische Aufzügefabrik AG; Thyssen AG: Merged with Krupp and became ThyssenKrupp in 1999, with subsidiary ThyssenKrupp Elevator AG; ThyssenKrupp Elevator AG announced in 2021 a name change and rebranding to TK ...
When Phoenix came to town: Closures manufacturer looking to expand to former Otis Elevator site The company has 68 full-time employees and pays them average annual wages of more than $57,000.
The company, then the nation's largest elevator manufacturer, sought to grow its sales in Chicago, as the city's growth and numerous new skyscrapers made it a profitable market for elevators. The Chicago firm of Adler & Treat designed the factory as a brick building with Colonial Revival elements.
Otis reported sales growth of 1.5% Y/Y to $3.675 billion, beating the analysts estimate of $3.64 billion, aided by Service segment. Organic sales grew 1.9% in the quarter.
Otis Hovair Transit Systems is a type of hovertrain used in low-speed people mover applications. Traditional people mover systems used wheeled vehicles propelled by electric motors or cable traction. The Hovair replaces the wheels with a hovercraft lift pad. The aim is to reduce guideway complexity and vehicle maintenance.
The Otis Elevator Company Building is a commercial building located in northwest Portland, Oregon listed on the National Register of Historic Places. [2] [3] The single-story building became the Otis Elevator Company's Portland headquarters in 1920, and was used for offices, servicing and parts storage. It remained in use by the Otis company ...