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Otis Elevator Company Company News

Wed, 19 Oct 2016 16:32:00 GMT
UTX's Otis Elevator Beats Out Competition in China  -  Market Realist
United Technologies' (UTX) stock was essentially unmoved by this revelation, as the company has been gaining market share over KONE in recent quarters. These gains were reflected in its recent quarterly results. As KONE saw a 5% fall in its orders in ...
Tue, 04 Oct 2016 13:57:58 GMT
United Technologies Inorganically Expands Foothold in Asia  -  Nasdaq
Nippon Otis Elevator Company ("Nippon Otis") had recently completed the acquisition of Schindler Elevator K.K.'s ("Schindler Elevator") elevator and escalator service business in Japan. Nippon Otis is the Japanese subsidiary of Otis, an operating ...
Tue, 04 Oct 2016 12:21:39 GMT
Up to Date Stocks Traders Alert: ENSCO PLC (NYSE:ESV), United Technologies Corporation (NYSE:UTX)  -  Investors News
The new company which will be named Otis Elevator Service Company (“OESC”), will be the exclusive, authorized Original Equipment Manufacturer (“OEM”) maintenance service provider of Schindler equipment in Japan and will have access to original OEM ...
Mon, 03 Oct 2016 13:08:52 GMT

Nippon Otis Completes Acquisition of Schindler Service Business in Japan  -  PR Newswire (press release)
TOKYO, Oct. 3, 2016 /PRNewswire/ -- Nippon Otis Elevator Company ("Nippon Otis") and Schindler Elevator K.K. ("Schindler Elevator") today announced that Nippon Otis has completed the acquisition of the elevator and escalator service business of ...
Thu, 29 Sep 2016 16:41:25 GMT

Moving Walkways Were Around Long Before Airports Started Using Them To Move People  -  The Consumerist
“No matter what you choose to call it, a moving walkway is a simple variation of the conveyor belt,” Steve Showers, corporate archivist for the Otis Elevator Company, told USA Today. Moving walkways first showed up at the 1893 World's Columbian ...
Wed, 28 Sep 2016 19:44:20 GMT
Otis Elevator's China Fortunes Are Foretold...Via Finland?  -  Bloomberg
The question is whether Kone's drab outlook is a manifestation of deepening industry malaise that may also taint results at United Technologies' Otis elevator unit and other rivals, or a sign that the Finnish company is losing more ground to its ...
Wed, 28 Sep 2016 12:29:14 GMT

A short history of airport moving walkways  -  USA TODAY
“The moving walkway is now ending…..” Moving sidewalks, flat escalators or Trav-O-Lator machines, as the Otis Elevator Company dubbed their patented version back in 1955, can be a godsend for tired travelers, for those who can't walk long distances ...
Fri, 23 Sep 2016 04:11:25 GMT
Global Elevators and Escalators Industry  -  Consumer Electronics Net
II-23 Table 12: Leading Elevators and Escalators Companies Worldwide (2015E): Percentage Value Market Share for Fujitec, Hitachi, KONE, Mitsubishi Electric, Otis, Schindler, ThyssenKrupp, and Others (includes corresponding Graph/Chart) II-23 List of ...
Sun, 11 Sep 2016 04:11:28 GMT
Business Briefs  -  theday.com
Metivier comes to the Nature Center from Otis Elevator Company (United Technologies Corp) in Farmington, where he worked in a variety of finance positions from 2004 to 2015. He is a certified public accountant and has a Bachelor of Science degree in ...
Thu, 01 Sep 2016 01:15:01 GMT

Here are the 10 oldest companies in India that are still going strong  -  Economic Times
"Up to 80 per cent of elevators installed in India move at speeds lesser than 1 metre per second. This has to improve, without compromising on safety of passenger or their comfort," says Sebi Joseph, managing director of Otis Elevator Company. "We want ...