tiprankstipranks
Otis Worldwide selected by Emaar Properties to modernize 34 elevators
The Fly

Otis Worldwide selected by Emaar Properties to modernize 34 elevators

Otis Worldwide has been selected by Emaar Properties to modernize 34 of the 57 elevators and all eight escalators in the Burj Khalifa, the world’s tallest building. The contract includes servicing of all the units for an additional 10 years. Otis installed the building’s original elevators and escalators. To transport passengers to the top, two double-deck elevators travel at speeds of up to 10 meters per second, taking passengers from the ground floor to the observation deck on the 124th and 125th floors in just 60 seconds.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

See Insiders’ Hot Stocks on TipRanks >>

Read More on OTIS:

Trending

Name
Price
Price Change
S&P 500
Dow Jones
Nasdaq 100
Bitcoin

Popular Articles