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Otis wins record order for 21 apartment buildings in Kuwait.

 
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10 Mar 2006

Otis Elevator Company, a unit of United Technologies Corp. (NYSE:UTX), was awarded a contract to supply and install 42 Gen2™ elevators for 21 apartment buildings in Kuwait City. The contract is Otis’ largest Gen2 order to date in Kuwait and one of its largest ever in the Middle East.

More than 2,600 residents are expected to live in the apartment buildings owned by the Ministry of Awkaf, a government agency responsible for the construction and administration of housing projects. Otis currently maintains 60 residential and commercial units for the Ministry and is working on four construction projects with Kuwaiti Managers, the Ministry’s construction management team.

“Otis has enjoyed a strong working relationship with the Ministry of Awkaf and Kuwaiti Managers,” said Ari Bousbib, president of Otis. “We are pleased to continue our partnership and to have been given this opportunity to feature our Gen2 elevator technology in this important residential project in the Kuwaiti capital.” Each apartment building will contain two Gen2 elevators, which feature Otis’ patented lubrication-free flat-belt technology and energy efficiency twice that of traditional elevators. The 10- to 12-story apartments will be completed by year-end.

Otis wins record order for 21 apartment buildings in Kuwait.

“The Gen2 technology suits our building needs and provides us with the ideal elevatoring requirements,” Said Al Helbawy, consultant partner director for the Ministry of Awkaf, said. “We awarded Otis the contract after the team proved it could efficiently and simultaneously install elevators in 21 locations to our satisfaction as well as fulfill our time schedule.”

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 more than 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.



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