Otis Elevator Co., world’s largest manufacturer and maintainer of people-moving products including elevators, escalators and moving walkways, completed the construction of its factory in the New North Zone of Chongqing on Sept. 21, 2012.
The factory, operated by Xizi Otis Elevator Co. Ltd. (an subsidiary of Otis Elevator Co.), is the first one of Otis to be put into production in west China.
With an initial investment and a total area of more than 100 million yuan and over 40,000 square meters, this factory is expected to produce 15,000 people-moving products per year.
Hi-tech, energy-saving and green manufacturing process is adopted at this factory. Taking GeN2 elevator for example, it is able to save as much as 75 percent of energy compared with traditional elevators.
The future development of central and west China, good investment environment of Chongqing and the great potential of Chongqing’s elevator maintenance market are the main reasons for the settlement of Otis.