Banner Year for Otis in the Casino Resort Industry

2007-02-25 12:23 1138

FARMINGTON, Conn., Feb. 26 /Xinhua-PRNewswire/ -- Otis Elevator Company, a unit of United Technologies Corp. (NYSE: UTX), won contracts in the casino resort industry of approximately $150 million in 2006.

"We are pleased to be the supplier of choice in products and services for casino resorts around the world," said Sandy Diehl, senior vice president of strategy, business development and communications for Otis.

In 2006, Otis won installation, modernization and service contracts for casino resorts in major gaming locations worldwide, including Las Vegas, Atlantic City, southeastern Connecticut, Vancouver, Montreal and Macau. For example, in Atlantic City, Otis was recently awarded a contract to supply and install 18 elevators at the Trump Taj Mahal Casino Resort and a contract to provide 18 elevators for the Borgata Hotel, Casino & Spa expansion. In Macau, Otis was awarded a contract to supply and install six elevators, two escalators and a hydraulic freight elevator for the Wynn Macau expansion. Otis previously won Phase 1 of Wynn Macau, installing 28 elevators and two escalators. Last summer, Foxwoods, the world's largest casino located in southeast Connecticut, USA, selected Otis to supply 29 elevators for its $700 million expansion and to maintain all of its more than 150 elevators.

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 1.5 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.

Source: Otis Elevator Company
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