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1976: Looking to diversify, United Technologies Corporation (UTC) acquires Otis, by now a billion-dollar enterprise and the world’s largest elevator company. 1979 : Otis introduces the Elevonic™ 101 elevator, a system controlled by microprocessors.
Otis was acquired by United Technologies in 1976 and became a wholly owned subsidiary. In 1981, the Yonkers factory closed, [13] [14] and was later purchased by Kawasaki for use as a rail car assembly plant. [15] Also in 1981, Otis signed a business agreement with an elevator company in China. [16]
Armed with two unsolicited $300 elevator orders, Otis opened his own factory in Yonkers on September 20, 1853. The following year he demonstrated his invention at the Crystal Palace Exposition in New York City. By the end of 1856 he had sold more than 40 elevators, all for use in carrying freight.
Otis built the first passenger elevator and today the world celebrates March 23 is World Elevator Day and this history is our history. On March 23, 1857, Eder Haughwout opened an upscale department store in New York City – and equipped the five-story building with Otis’ first passenger elevator.
Apr 3, 2013 · The company, which is celebrating its 160th anniversary today, has an interesting history: it was founded in 1853, the year Elisha Otis invented the elevator safety brake. Before Otis'...
- Vanessa Quirk
The Otis Elevator Company became a worldwide success, installing elevators in many prominent buildings, including the Eiffel Tower. Discover the history of the Otis Elevator Company, founded in 1853 by Elisha Graves Otis, and learn how his invention changed architecture and society.
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Jul 4, 2021 · Elisha Otis began his company, which had several names before becoming the Otis Elevator Company, selling hoists primarily to factories for lifting freight. His two sons Charles and Norton came into the business with him.
