FARMINGTON, Conn., Oct. 16 /Xinhua-PRNewswire/ -- Otis Elevator Company, a unit of United Technologies Corp. (NYSE: UTX), recently sold its 100,000th Gen2(R) elevator, making the environmentally friendly system the fastest selling product in company history.
"We are delighted that Otis continues to lead the machine-roomless market with our environmentally responsible, energy-efficient and space-optimizing Gen2 elevator system," said Otis President Ari Bousbib. "Our award-winning Gen2 product line allows developers and owners to lower building costs and increase rentable space."
Since its launch in 2000, the Gen2 product line has expanded to cover applications from low-rise residential to high-rise office buildings. The Gen2 system features Otis' patented flat, polyurethane-coated steel belts and an energy-efficient permanent magnet gearless machine. The system uses half the energy of conventional geared machines. When used in conjunction with Otis' regenerative drives, the Gen2 elevator's energy efficiency increases even further, delivering a combined energy savings of up to 75 percent. The system is also cleaner for the environment since its coated-steel belts and gearless machine do not require any additional lubrication.
The Gen2 system continues to be acclaimed worldwide for its environmental benefits. Among the many awards recognizing this innovative system, Otis was the first elevator company to receive the "Green Product Award" from the China Environmental Protection Foundation, a non-government group dedicated to protecting the environment. The Gen2 system was named one of Spain's "100 best ideas" in the social responsibility category by the country's leading business magazine, Actualidad Economica. The system was also recognized as one of China's "Top 10 Architectural Science and Technology Achievements," the most prestigious award in China's construction industry, and has earned a "Korea Green Management Excellence Award."
In addition to its environmental benefits, the Gen2 system's compact machine offers flexibility in building design. The system also delivers superior ride quality and smooth, quiet operation with outstanding leveling accuracy. Its long-lasting coated steel belts, smooth crowned sheaves and a reduction in the gearless machine's moving parts have dramatically increased durability and lowered operational noise.
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. For more information on the Gen2 product line, please visit http://www.otisgen2.com .
