SubscribeOtis Technology has been recognized by the CNY Business Journal as one of the Fast Track 50, which is a barometer of the 50 fastest growing companies in Central New York.
The rankings are based on 2007 revenue and employment growth. Otis Technology's Breech-to-Muzzle™ Cleaning System is widely regarded by experts as the most advanced gun cleaning system in the world!
Otis jumped from being ranked 8th in the under $10 Million category in 2006 to 3rd in the over $10 Million category for 2007. Otis sales have increased significantly and presently the company has 125 employees.
Doreen Garrett, President, Founder and CEO said "The major factors contributing to growth are our great employees, new product development, and capital investments in lean manufacturing to be competitive in a global market." A new target market for the company in 2008 will be in industrial sales to fill additional machine time that may be available in manufacturing. Doreen further stated, "One of our best management decisions made last year has been investing in training our employees to retain the Otis culture while sustaining rapid growth."
Otis was recognized as one of the companies that are helping the area's economy and serves as a business model for others to follow. Otis is currently expanding its current facility to accommodate additional growth.
