Otis Worldwide company profile

Company profile

Otis Worldwide has 72,000 employees and is headquartered in Farmington, United States.

Otis Worldwide Corporation engages in manufacturing, installation, and servicing of elevators and escalators in the United States, China, and internationally. The company operates in two segments, New Equipment and Service. The New Equipment segment designs, manufactures, sells, and installs a range of passenger and freight elevators, as well as escalators and moving walkways for residential and commercial buildings, and infrastructure projects. This segment serves real-estate and building developers, and general contractors. It sells its products directly to customers, as well as through agents and distributors. The Service segment performs maintenance and repair services, as well as modernization services to upgrade elevators and escalators. Otis Worldwide Corporation was founded in 1853 and is headquartered in Farmington, Connecticut.

Company facts

Sector

Industrials

Industry

Specialty Industrial Machinery

Country

United States

Headquarters

One Carrier Place, 06032, Farmington

Employees

72,000

Listing

OTIS · NYSE

Indices

S&P 500

Currency

USD

ISIN

US68902V1070

Website

otis.com