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Feb. 10, 2021, 9:02 a.m. EST

Otis Provides Hundreds of Elevator, Escalator Units for Rail Projects in 3 Canadian Cities

Supports Critical Infrastructure Segment as Canada Expands Public Transportation TORONTO, Feb. 10, 2021 /PRNewswire/ -- Otis has been selected to supply hundreds of elevators and escalators for six distinct projects across Toronto, Montreal and Ottawa. This includes nearly 100 units recently booked for all three of Ottawa's Stage 2 LRT extensions. Otis   /zigman2/quotes/217080227/composite OTIS -0.22% is the world's leading company for elevator and escalator manufacturing, installation and service. Otis has been selected to supply hundreds of elevators and escalators for six projects in Toronto, Montreal and Ottawa. "As Canada's cities continue to grow, city planners and residents are turning to rail to provide critical urban mobility solutions while reducing congestion and emissions," said Patrick Yeung, Otis Managing Director for Canada. "We're proud of our work across Canada to make these daily journeys possible for the millions of Canadians living in or near these cities. These projects underscore our commitment to supporting rail and other transportation infrastructure projects in Canada and around the world."

In Toronto, Otis is providing 111 of its heavy-duty, commercial-grade NPE™ escalator units for the Eglinton Crosstown Line, part of the largest transit expansion in the city's history. The project adds 25 stops and connections with multiple bus and subway lines, and is expected to be complete in December 2022.

Otis is also providing five Gen2 [®] elevators and four NPE escalators to Toronto's Line 6 Finch West Light Rail Transit, an 11-kilometer, 18-stop line that will include 16 surface stops, one below-grade stop, and an underground interchange station at Finch West LRT station. Metrolinx and Infrastructure Ontario awarded the contract to Mosaic Transit Group in May 2018. Construction has been underway since 2019, with the elevator and escalator installation expected to begin in the second quarter of 2021.

In Montreal, Otis is currently installing 79 elevator and escalator units across 26 stations for the REM light rail network. The project includes 45 Gen2 elevators, 22 NPE escalators and 12 additional elevators. Construction is expected to be complete in 2023.

In Ottawa, Otis recently completed work on Stage 1 of the Ottawa O-Train Line 1 providing 58 elevators, including 46 Gen2 units and 10 hydraulic and gearless elevators, and modernizing two existing units. Otis was also awarded Stage 2 of the project with an additional 69 units – 59 Gen2 elevators and 10 NPE escalators – across 15 stations both east and west. Elevator and escalator construction on Stage 2 is expected to be complete in July 2023.

Otis will provide an additional 28 Gen2 elevator units for Ottawa's O-Train South extension. The contract was awarded in Q4 2020 and construction continues to progress.

The NPE escalator is Otis' heavy-duty escalator line, designed for the demands of public spaces such as airports, metros and other busy transport hubs. Otis escalators use rectangular steel trusses to increase their strength, and seal welds protect them against internal corrosion. Escalator steps are subjected to dynamic load testing and step breakage tests, ensuring quality and durability.

The Otis Gen2 elevator  redefined the industry with its unique, patented flat-belt drive technology that replaces conventional ropes and significantly reduces vibration, providing passengers and tenants a remarkably smooth, quiet ride and improved overall comfort compared to conventional systems.

To learn more about Otis products and services, visit www.otis.com .

About Otis Otis gives people freedom to connect and thrive in a taller, faster, smarter world. The global leader in the manufacture, installation and servicing of elevators and escalators, we move 2 billion people a day and maintain more than 2 million customer units worldwide – the industry's largest Service portfolio. You'll find us in the world's most iconic structures, as well as residential and commercial buildings, transportation hubs and everywhere people are on the move. Headquartered in Connecticut, USA, Otis is 69,000 people strong, including 40,000 field professionals, all committed to meeting the diverse needs of our customers and passengers in more than 200 countries and territories. To learn more, visit www.otis.com  and follow us on LinkedIn , Instagram , Facebook  and Twitter  @OtisElevatorCo.

Media Contact :       
Jodi Hynes
+1 561-623-4028
Jodi.Hynes@otis.com

Cision
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SOURCE Otis Worldwide Corporation

COMTEX_380590888/2454/2021-02-10T09:02:27

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/zigman2/quotes/217080227/composite
US : U.S.: NYSE
$ 78.19
-0.17 -0.22%
Volume: 2.78M
May 7, 2021 4:00p
P/E Ratio
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Dividend Yield
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Market Cap
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Rev. per Employee
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