Otis hails 150 years of lifting From: Deseret News (Salt Lake City) | Date: April 2, 2003| Author: Stephen Singer AP business writer | Copyright 2003 Deseret News (Salt Lake City). Provided by ProQuest LLC.Copyright information

FARMINGTON, Conn. -- Otis Elevator Co. on Tuesday marked 150 years in business, from its start using a platform hooked to a rope and wagon spring to a worldwide company that lifts passengers billions of times on the strength of a computer chip.

The company, which began with the sale of a safety elevator by founder Elisha Graves Otis in 1853, has 1.3 million elevators in service around the world. It sells about 80,000 elevators a year and 8,000 escalators.

"But we're not really a ...

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