2014 Articles › 08.29.2014

08.29.2014 CHENGDU, China

High-Speed Otis Elevators Selected for Chengdu Yintai Center as Otis China Continues to Expand in Western China


The Chengdu Yintai Center located in the downtown area will be served by 31 Otis high-rise elevators.

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Otis Elevator China Co. Ltd.’s (“Otis China”) effort to support the booming growth in western China continues, as the company will supply elevators for Chengdu Yintai Center and has opened a second Sichuan branch office in Mianyang. Otis is a part of UTC Building & Industrial Systems, a unit of United Technologies Corp. (NYSE: UTX).

Developed by Yintai Group as a landmark in Chengdu’s new government district, Chengdu Yintai Center is a high-end, multiuse complex composed of a five-star luxury hotel, a 5A office building, high-quality residential apartments and a shopping center. It will be served by 31 high-rise Otis elevators, including three Skyrise™ systems that operate at speeds of up to 7 meters/second.

“The Chengdu Yintai Center project is another important milestone for Otis China in western China,” said Tony Black, president, Otis Elevator (China) Investment Co. Ltd., at the opening of the new Otis China office in Mianyang. “We are fully committed to supporting China’s ‘Go West’ strategy and look forward to exploring more business opportunities here. Otis China will continue to invest in this region to ensure we have the right people and resources in place to support growth.”

Otis China has established its presence in western China over more than two decades. It now has 10 offices in western China and 41 nationwide. The new Mianyang office extends the company’s sales and service network to meet growing customer needs in eastern and northern Sichuan and beyond.

Western China has experienced strong economic growth in recent years as the government’s “Go West” strategy attracts investment in the region. Continuing urbanization with more public infrastructure and new commercial and residential buildings has driven the demand for elevators and escalators. Sichuan province, which is the largest consumer region in western China and an important regional hub, had more than 210,000 elevators installed by the end of 2013, according to Otis studies.

Tony Black, president, Otis Elevator (China) Investment Co. Ltd., officiates at the opening of Otis China’s new Mianyang branch.

About Otis
Otis is the world’s largest manufacturer and maintainer of people-moving products, including elevators, escalators and moving walkways. Founded 161 years ago by the inventor of the safety elevator, Otis offers products and services through its companies in more than 200 countries and territories, and maintains more than 1.8 million elevators and escalators worldwide. Otis is a part of UTC Building & Industrial Systems, a unit of United Technologies Corp., a leading provider to the aerospace and building systems industries worldwide. For more information, visit www.otis.com or follow @OtisElevatorCo on Twitter.

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