Otis' Energy-Efficient Elevators Selected for Longtan City Industry Zone

Date : 10/28/2009 @ 7:00AM
Source : PR Newswire
Stock : United Technologies Corp. (UTX)
Quote : 68.31  0.04 (0.06%) @ 8:00PM
<< BackQuote Chart Financials

 



Otis' Energy-Efficient Elevators Selected for Longtan City Industry Zone

FARMINGTON, Conn., Oct. 28 /PRNewswire/ -- Otis Elevator Company was awarded a contract to supply and install 334 energy-efficient Gen2® elevators for the Longtan City Industry Zone in Chengdu, China. Otis, a unit of United Technologies Corp. (NYSE:UTX), is the largest elevator supplier for the 32-million-square-foot (3-million-square-meter) development. The site, being developed by the Chengdu Yudu Industry Limited Corporation, will feature environmentally-friendly industries, companies and residential housing.

During a meeting with Zhang Jun, Chairman, Chengdu Yudu Industry Limited Corporation at the Longtan City Industry Zone construction site last week, Otis President Didier Michaud-Daniel said, "Otis is honored to be the largest elevator supplier for a development of this scope and magnitude. We are delighted to further support Chengdu's sustainable development initiatives by providing our flagship Gen2 elevator systems," added Michaud-Daniel. "This award-winning technology will ensure comfortable and reliable transportation for the nearly half a million people who will live and work in the Longtan City Industry Zone while delivering substantial energy savings."

The Gen2 system reduces energy usage by up to 50 percent when compared to conventional systems. The system is also cleaner for the environment as its flat, polyurethane-coated steel belts and permanent magnet gearless machine do not require additional lubrication. Otis has earned numerous awards for its Gen2 technology including the China Environmental Protection Foundation's "Green Product Award" and recognition as one of the "Top 10 Construction Scientific and Technological Achievements in China" by the Ministry of Construction.

Around the world, Otis is committed to leading the way to a greener future by reducing energy consumption throughout the entire lifecycle of its products. In addition to offering energy-saving solutions, Otis continues to minimize the environmental impact of its processes and manufacturing practices by reducing energy and water consumption. Otis was recently recognized with Gold-level Leadership in Energy and Environmental Design (LEED) certification of the Otis Elevator Company TEDA Center office building in China by the U.S. Green Building Council.

Otis Elevator Company is the world's largest manufacturer and maintainer of people-moving products including elevators, escalators and moving walkways. With headquarters in Farmington, Connecticut, Otis employs 61,000 people, offers products and services in more than 200 countries and territories and maintains 1.6 million elevators and escalators worldwide. United Technologies Corp., based in Hartford, Connecticut, is a diversified company providing high technology products and services to the building and aerospace industries.

Contact: Dilip Rangnekar Director, Worldwide Communications & Marketing Support 860-676-5992

DATASOURCE: Otis Elevator Company

CONTACT: Dilip Rangnekar, Director, Worldwide Communications & Marketing

Support of Otis Elevator Company, +1-860-676-5992,

Web Site: http://www.otis.com/

<< Back


United Technologies Corp. Historical Chart United Technologies Corp. Intraday Chart  
Period


LSE and PLUS quotes are live. NYSE and AMEX quotes are delayed by at least 20 minutes.
All other quotes are delayed by at least 15 minutes unless otherwise stated.
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions :: Contact Us :: Request an Exchange :: Affiliate Scheme
Copyright1999-2009 ADVFN PLC. Copyright and limited reproduction :: Privacy Policy :: Investment Warning :: Advertise with us :: Data accreditations :: Investor Relations :: Press office :: Jobs
ADDITIONAL SERVICES AVAILABLE FROM ADVFN
Upgrade - Click here for more information on ADVFN premium services Money Words - ADVFN Financial Glossary Investor Training ADVFN Financial Bookshop Online Training Academy
41 site:2us 091125 22:22 Stock Message Boards ( 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 )