In a settlement with the family of an 8-year-old boy who was crushed to death in a 1929 elevator, Otis Elevator Co. on Thursday promised to retrofit its old elevators with a safety guard and publicize ...

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 ...

We’ve lifted our fair value estimate for Otis Worldwide OTIS by 30% to $95 per share following a transfer of coverage and a fresh look at our long-term thesis. We are more positive on the secular ...

A 132-year-old elevator inside a former downtown Dothan hardware store could be brought back into working condition, which would make it the oldest operating elevator from the company that ...

Otis Worldwide is the largest elevator and escalator original equipment manufacturer globally with integrated operations that span manufacturing and installation activities, as well as elevator and ...