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Otis Announces Environmental Program For Products

The subsidiary of United Technologies Corp. said Tuesday the program will reduce energy use among its products and manufacturing processes.

BRISTOL, Conn. (AP) -- Otis Elevator Co. has announced an environmental program it says will cross all aspects of its business, including design and manufacturing, operations and recycling.

The subsidiary of United Technologies Corp. said Tuesday the program will reduce energy use among its products and manufacturing processes. For example, Otis said its Gen2 elevator system requires little lubrication, eliminating storage, cleanup and disposal of hazardous waste.

The elevator manufacturer also said a site in the Spanish capital of Madrid uses solar panels to generate about 60 percent of its energy needs.

Otis President Didier Michaud-Daniel said in an interview that Otis is responding to customers who are asking about the company's environmental strategy.

Operating profit at Otis was $2.58 billion last year, up 5 percent from 2009.