On Sept. 20, 1853, Elisha Graves Otis sold his first “hoist machine,” or elevator, featuring an automatic safety brake he had patented. His seemingly simple invention was designed to stop a platform ...

MTA officials unveiled a new elevator Wednesday at the Hoyt St. stop of the No. 2 and No. 3 trains in Downtown Brooklyn — the latest of 67 accessibility upgrades under the agency’s 2020-2024 capital ...

Otis Worldwide Corporation OTIS launched the new Gen3 Core elevator under the Gen3 umbrella. The digitally native elevator is designed explicitly to fit in with North America's growing demand for ...

Picture this: a packed hall in New Yorks Crystal Palace in 1854. At the centre of attention was a man standing on a wooden platform high above the crowd. With a single dramatic gesture, he instructed ...

Otis Worldwide Corporation (NYSE:OTIS), a global leader in the elevator and escalator industry with annual revenue of $14.26 billion, finds itself at a crossroads as it navigates a complex market ...

Schindler Elevator Corp. named industry veteran Ray Bisson as chief executive officer for its U.S. operations, based in Morristown, the company announced Dec. 16. Most recently, Bisson was executive ...

Elevator manufacturer Otis (NYSE:OTIS) reported Q3 CY2025 results beating Wall Street’s revenue expectations, with sales up 4 ...

MADRID, Sept. 30, 2025 /PRNewswire/ -- There are more than six million elevators in use in Europe today. In many European countries, more than half of these elevators are at least 25 years old.

Customers can carefully choose the level, cost and pace of elevator modernisation and plan in phases Otis solutions align with the latest European safety standards, and enhance reliability and ...