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While I agree with the feedback everyone has given, I would say, the name of your company has a great opportunity to create a memorable Logo.
I would say make the Os more pronounced and the smaller or maybe even a slightly different color or level of boldness.
See attached. Just an attempt at what I am trying to explain.
OtirO has a nice ring to it.

I'd say that the originalk logo was way better: I can see it stamped in steel on a piece of equipment and it doesn't look like the front part of a motor vehicle with radiator grill and two headlights - unless that's the sort of association they want.