Otis spunkmeyer muffins
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American company that develops, manufactures and markets elevators, escalators, moving walkways, and related equipment. S, Otis is the world’s largest manufacturer of vertical transportation systems, principally focusing on elevators, moving walkways, and escalators. The Otis Elevator Company was acquired by United Technologies in 1976, but it was spun off as an independent company 44 years later in April 2020 as Otis Worldwide Corporation. Its slogan is “Made to move you”. In 1852, Elisha Otis invented the safety elevator, which automatically comes to a halt if the hoisting rope breaks. After a demonstration at the 1853 New York World’s Fair, the elevator industry established credibility.
Otis elevator in Glasgow, Scotland, imported from the U. 1856 for Gardner’s Warehouse, the oldest cast-iron fronted building in the British Isles. The Otis Elevator Company was founded in Yonkers, New York, in 1853 by Elisha Otis. When Elisha died in 1861, his sons Charles and Norton formed a partnership and continued the business. During the American Civil War, their elevators were in high demand due to the shipment of war materials. Businesses throughout the United States purchased them.
In 1925, the world’s first fully automatic elevator, Collective Control, was introduced. In 1931, the company installed the world’s first double-deck elevator at 70 Pine Street in New York City. Otis opened a factory in Bloomington, Indiana, in 1965. Dunn became president of the company in 1964, succeeding the late Percy Douglas.
Otis was acquired by United Technologies in 1976 and became a wholly owned subsidiary. Otis has also dabbled in horizontal automated people-mover “shuttle” systems, such as the Otis Hovair. In 1996, Otis formed a joint venture called “Poma-Otis Transportation Systems” with the French company Pomagalski to promote these products. It was the oldest and largest manufacturer of lift equipment in the UK, and was based in Leicester, England.
In 1997, Steve Page became president of Otis Elevator Co. The operation was later closed in October 2012, with the remaining business being sold to Minnesota Elevator Inc. In 1910, Otis installed the first hydraulic elevator for transporting money at the Bank of Chosun , and installed the first elevator for passengers on the Korean Peninsula at a railway hotel . In 1982, it re-entered the Korean market through a technological alliance with Dongyang Elevator, and in 1991 took over the elevator manufacturer Korea Engineering and launched ‘Korea OTIS Elevator’.
The elevators supplied at this time were brought to Korea in the form of direct imports from overseas factories. At the time, apart from OTIS Korea, the actual predecessor of Otis Elevator was LG Industrial Systems Elevator. In 1968, Youngjin Electric and Goldstar established elevator manufacturing plants in Juan, Incheon and Changwon, Gyeongsangnam-do, respectively. After forming an alliance, Hitachi Elevator entered the Korean market in 1979 through a joint venture with Goldstar. Otis also took over the shares of LG Industrial Systems Elevator in December 1999 and changed the name of LG Industrial Systems Elevator to LG-OTIS. At the same time, the existing Korea OTIS was merged with it. The company name was also changed back to OTIS-LG.
