Otis Elevator Company was founded in 1853 and is now a division of United Technologies Corporation, with revenues of $42.7 billion in 2005. Otis operates in more than 200 countries, with $9.6 billion in revenues, 60,000 employees, and maintaining over 1.5 million elevator and escalator units. Otis has numerous production, research, service, and training centers globally and focuses on safety, quality, and innovation in elevators, escalators, and moving walkways.