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Otis Elevator Company purchased Evans Lifts in the UK when Evans Lifts Ltd went bankrupt in 1997 during its merge with Express Lift Company with the name ExpressEvans. It was the oldest and largest manufacturer of lift equipment in the UK, and was based in Leicester , England .
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The Toledo-based Haughton Elevator company referred to their product as simply Moving Stairs. The Otis trademark is no longer in effect. Kone and Schindler introduced their first escalator models several decades after the Otis Elevator Co., but grew to dominate the field over time. Today, Mitsubishi and ThyssenKrupp are Otis's
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 ...
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The factory needed a hoist to lift heavy equipment to the upper floor, but this posed serious safety issues. In response, Otis invented the safety elevator, which automatically comes to a halt if the hoisting rope breaks. The following year he left the factory and started his own company, the Otis Elevator Company. [4]