Otis featured on Dubai's Palm Jumeirah Island
Otis elevator company
Otis featured on Dubai's Palm Jumeirah Island
FARMINGTON, Connecticut, October 4 /PRNewswire/ --
Otis Elevator Company, a unit of United Technologies Corp. (NYSE: UTX), will install
70 Gen2(R) elevators and eight escalators in a major residential development on Dubai's
landmark Palm Jumeirah Island. The Island, one of Dubai's trilogy of distinctive manmade
islands known as The Palms, will include 860 luxury apartments, 44,000 square meters of
retail and office space and several five-star hotels along its 2-kilometer (1.24-mile)
long "trunk" called the "Golden Mile" -- all connected by a monorail.
Otis continues to strengthen its presence in Dubai, which has emerged as the
commercial capital of the Middle East and an impressive engine of growth, featuring such
world renowned developments as Burj Dubai. At more than 700 meters (2,297 feet), Burj
will be the tallest tower in the world when completed in 2008. Last year, Otis secured a
US$36 million contract to provide 66 elevators and escalators for the Burj tower.
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 60,000 people, offers products and
services in more than 200 countries and territories and maintains 1.5 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.
Web site: www.otis.com