Otis Worldwide Corporation

Otis Worldwide Corporation is a leading global manufacturer specializing in the development, production, installation, and service of elevators, escalators, and moving walkways. Founded in 1853 and headquartered in Farmington, Connecticut, Otis is renowned for pioneering the "safety elevator," a milestone that transformed urban architecture and vertical mobility. The company operates through two main segments: New Equipment, which focuses on designing and installing elevators and escalators for residential, commercial, and infrastructure projects, and Service, which provides maintenance, repair, and modernization solutions for both its products and those of other manufacturers. With a workforce of approximately 72,000 employees and operations in over 200 countries and territories, Otis maintains the industry’s largest service portfolio and moves billions of people daily. Its products and services are integral to the functioning and modernization of high-rise buildings, transportation hubs, and urban developments around the world, supporting safer, more efficient movement in modern cities.