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 ...

Ropeless Elevator Market Emerging ropeless elevator tech is transforming skyscrapers, enhancing connectivity, accessibility, and social int ...

The global elevator modernization market is projected to grow at an annual rate of 6.1% over the forecast period, reaching a market value of $17.69 billion by 2032. This growth is driven by the ...

This elevator modernization project is part of the Space Needle's Century Project renovation, which started in 2017, and included Otis installing a material lift and a custom-built accessibility ...

That changed with the signing off of a privately funded $100 million modernization project. The design phase started in 2022. "This elevator is truly one of a kind," Otis Elevator Company Senior ...

Starting in September 2025, the modernization project will feature the installation of Otis' most advanced Gen360™ and Gen3™ elevator platforms, which provide smooth, quiet rides, safety, durability ...

SYDNEY, May 19, 2025 /PRNewswire/ -- Otis (NYSE: OTIS), the world's leading elevator and escalator manufacturing, installation and service company, will modernize 20 elevators for New South Wales ...