'Otis Inaugurates New, 8-Million Euro Production Hall For Printed Circuit Boards' - OTIS
Portfolio Pulse from Benzinga Newsdesk
Otis Worldwide Corporation (OTIS) has inaugurated a new printed circuit board (PCB) production hall in Berlin, Germany. The company invested 8 million euros in the facility, which will focus on advanced PCB designs and rapid prototyping for series productions. The PCBs produced in Berlin are used in Otis elevators and escalators worldwide. The new production hall is part of the Otis SSI1 Electronics Berlin factory, which employs over 180 people.
July 12, 2023 | 12:16 pm
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Otis's new PCB production hall in Berlin represents a significant investment in its manufacturing capabilities. This could potentially enhance the company's product quality and efficiency, which may positively impact its market position and financial performance.
The new production hall represents a significant investment in Otis's manufacturing capabilities. This could potentially enhance the company's product quality and efficiency, which are key factors in its market position and financial performance. The fact that the PCBs produced in Berlin are used in Otis elevators and escalators worldwide indicates the global impact of this investment.
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