Otis is the world’s leading manufacturer and maintainer of people-moving products, and a unit of United Technologies Corp. Founded in 1853, Otis offers products and services through its companies in approximately 200 countries and territories. Each day, a billion people use elevators supplied by Otis around the world. In Korea, Otis installed the country’s first elevator to Chosun Bank in 1910. Currently six out of ten tallest buildings in and around Seoul were installed by Otis, including Lotte World Tower, the tallest building in South Korea. The double deck elevators installed at Lotte World Tower has been recognized by Guinness World Records as the longest traveling and fastest double-deck elevator in the world. Otis Korea is planning to open its global R&D center and production facilities in IFEZ. With this investment, Otis Korea is making a promise to take its products and customer services to the next level and to drive the Korean elevator industry forward.