Otis Opens LEED® Gold Standard Plant in Chongqing, China
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Otis Opens LEED® Gold Standard Plant in Chongqing, China

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2 pages
English
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Otis Opens LEED® Gold Standard Plant in Chongqing, China PR Newswire FARMINGTON, Connecticut, Sept. 26, 2012 - New Energy-Efficient Facility Reinforces Otis' Continued Investment in China and Overall Global Growth Strategy FARMINGTON, Connecticut, Sept.

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Otis Opens LEED® Gold Standard Plant in Chongqing, China
PR Newswire FARMINGTON, Connecticut, Sept. 26, 2012
- New Energy-Efficient Facility Reinforces Otis' Continued Investment in China and Overall Global Growth Strategy FARMINGTON, Connecticut, Sept. 26, 2012 /PRNewswire/ -- OnSeptember 21, Otis Elevator Company, a unit of United Technologies Corp. (NYSE: UTX), announced the opening of a new LEED Gold standard plant inChongqing, a major city located in southwest China. The new facility, which has the capacity to manufacture over 15,000 elevator units annually, strengthens Otis' extensive investment throughout China, a market that now accounts for half of all global elevator sales. As the second factory opening for Xizi Otis, one of four brands under Otis China, this investment will extend its growing national network and further enhance customer support.
The factory employs highly efficient production processes, reducing energy usage and advancing environmental sustainability. Under the factory's LEED standards, 90 percent of the waste generated during the construction phase of the factory was recycled and carbon emissions were significantly reduced through a rigorous monitoring system and adoption of environmentally sensitive materials. "We are pleased to be opening this, our newest factory inChina, here in Chongqing. China's continued potential for urbanization and infrastructure development present great opportunities for the global elevator and escalator industry. As the industry leader, today's event and our investment in this factory, signify our commitment to providing safe, green, and reliable products
and services to our customers inChinaandAsiafor many years to come," said Pedro Baranda, Otis President. This latest factory opening inChinademonstrates Otis' customer focused manufacturing strategy to go where the market is and a pattern of continued growth and capital investments in key markets around the globe. Otis plans to open three additional factories inFlorence, South Carolina,Bangalore, India, and Sao Paolo,Brazilin 2013. These new factories will enable Otis to establish a stronger presence in local markets to better serve their customers. The facility inChongqingalso reinforces Otis' The Way to Green™ program, a major global environmental commitment launched inFebruary 2011that spans all aspects of its business, ranging from manufacturing processes to company-wide operations. About Otis Elevator Company Otis Elevator Company is the world's largest manufacturer and maintainer of people-moving products including elevators, escalators and moving walkways. With headquarters inFarmington, Connecticut, Otis employs 60,000 people globally, offers products and services in more than 200 countries and territories and maintains over 1.7 million elevators and escalators worldwide. United Technologies Corp., based inHartford, Connecticut, is a diversified company providing high technology products and services to the building and aerospace industries. Contact: Michele Batty – Director, Worldwide Communications Otis Elevator Company +1-860-676-5987 Michele.batty@otis.com
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