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6 days ago · On September 30, 2024, JPMorgan Chase & Co. made a significant addition to its investment portfolio by acquiring 7,162,042 shares of Otis Worldwide Corp (NYSE:OTIS), a leading global supplier in the elevator and escalator industry. This transaction increased JPMorgan's total holdings in Otis to 27,076,127 shares, reflecting a substantial commitment to the company. JPMorgan Chase & Co., founded ...
6 days ago · Why Choose Otis? From the world’s tallest skyscrapers, to multi-story rural buildings to critical transportation hubs and everywhere in between - we keep people on the move. Building owners and facility managers trust us to service and maintain more than 2 million elevators and escalators worldwide.
Oct 7, 2024 · Otis’ resilience lies in its service-driven business model. The service business, accounting for 60% revenue and 90% profit globally, ensures continuity and reliability during crises. We made a commitment to our people that even if sale of new equipment slowed, service business will give us the base (1). It did during the 2008 global ...
Oct 9, 2024 · Otis newsroom is the source for news about Otis. Read press releases, see where Otis is featured, and download media assets
6 days ago · By Erika Goldstein, Otis Worldwide Corporation. In New York, Paris and Dubai, some of the world’s most iconic buildings are undergoing or recently completed upgrades to their elevators and escalators. In New York, Otis wrapped up a 10-year project to overhaul elevators at the Empire State Building in 2021. It was one of the largest ...
2 days ago · Otis Worldwide Corporation is one of the world's leading manufacturers, installers and maintainers of lifting systems. The group provides elevators, escalators and conveyors to residential buildings, shopping centers, public transportation facilities, hotels, hospitals and industrial buildings.
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2 days ago · Latest News. September 10, 2024. Students to Develop Urban Mobility Solutions Using AI. Read release. September 3, 2024. Otis CEO to Speak at Morgan Stanley Conference. Read release. July 25, 2024. Otis Declares Quarterly Dividend of $0.39 per Share.
