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Otis News
Check out our latest news releases

- June 8, 2023
- FARMINGTON, CONNECTICUT, UNITED STATES
Otis Unveils Connected Gen3 Core™ Elevator for North America
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- May 24, 2023
- FARMINGTON, CONNECTICUT, UNITED STATES
Otis Recognized as One of ‘America’s Climate Leaders’: USA Today
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- May 23, 2023
- FARMINGTON, CONNECTICUT, UNITED STATES
Otis Chief Digital Officer Talks Automation at Bloomberg Event
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- April 24, 2023
- SEOUL, SOUTH KOREA
Otis Gen3™ Elevator Ranked 1st in Korea’s 2023 InnoStar Certification
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- May 3, 2023
- FARMINGTON, CONNECTICUT, UNITED STATES
Otis is Again a DiversityInc Noteworthy Company
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- April 26, 2023
- FARMINGTON, CONNECTICUT, UNITED STATES
Otis Reports First Quarter 2023 Results
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- April 25, 2023
- FARMINGTON, CONNECTICUT, UNITED STATES
Otis Announces 17.2 Percent Increase in Quarterly Dividend to $0.34 per Share
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- April 19, 2023
- FARMINGTON, CONNECTICUT, UNITED STATES
Climate Change Brings Students Together to Focus on Mobility Solutions for the Future
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- April 12, 2023
- FARMINGTON, CONNECTICUT, UNITED STATES
Otis First Quarter 2023 Earnings Advisory
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- April 11, 2023
- FARMINGTON, CONNECTICUT, UNITED STATES
Otis Volunteers Help Students Innovate to Reduce the Impacts of Climate Change
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- April 7, 2023
- BEIJING
Otis, China Soong Ching Ling Foundation Partner to Further STEM Learning
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- April 6, 2023
- FARMINGTON, CONNECTICUT, UNITED STATES
Otis Publishes 2022 ESG Report
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- April 4, 2023
- MONTRÉAL, CANADA
Otis Canada Wins Expansion Project With Société de transport de Montréal
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- April 3, 2023
- FARMINGTON, CONNECTICUT, UNITED STATES
Safety Program Keeps Colleagues Connected in the Field
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- March 30, 2023
- SHANGHAI, CHINA
Hefei Metro Selects Otis to Bring Advanced Technology to New Lines
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- March 29, 2023
- FARMINGTON, CONNECTICUT, UNITED STATES
Otis Among America’s Most Trustworthy Companies: Newsweek
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- March 27, 2023
- SOUTH KOREA
Safety Factor: Otis Korea Elevating the Industry With Safety, Technology
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- March 23, 2023
- FARMINGTON, CONNECTICUT, UNITED STATES
Our First Passenger Elevator: This Day in Otis History
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- February 27, 2023
- FARMINGTON, CONNECTICUT, UNITED STATES
Otis Appoints Sally Loh President, Otis China
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- February 6, 2023
- SINGAPORE
Otis selects EVCo to convert its Singapore service fleet to electric vehicles
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- February 2, 2023
- FARMINGTON, CONNECTICUT, UNITED STATES
Otis Declares Quarterly Dividend of $0.29 per Share
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- February 2, 2023
- FARMINGTON, CONNECTICUT, UNITED STATES
Otis Among ‘World’s Most Admired Companies’ Again
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- February 1, 2023
- FARMINGTON, CONNECTICUT, UNITED STATES
Otis Reports Full Year and Fourth Quarter 2022 Results
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- January 18, 2023
- SHENZHEN, CHINA
Otis Helps Transform Shenzhen Skyline, Adds Connected Mobility
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- January 11, 2023
- FARMINGTON, CONNECTICUT, UNITED STATES
Otis Fourth Quarter 2022 Earnings Advisory
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- December 21, 2022
- FLORENCE, SOUTH CAROLINA, UNITED STATES
Otis Florence Factory Receives Zero Waste to Landfill Certification
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- December 9, 2022
- TIANJIN, CHINA
Otis China Adds More Than 100 Digitally Connected Elevators to Tianjin Metro
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- December 7, 2022
- FARMINGTON, CONNECTICUT, UNITED STATES
Otis Worldwide Named One of America’s Most Responsible Companies
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- December 6, 2022
- ATHENS, GREECE
Athens Selects Otis for Nearly 100 Units on Important Metro Line Extension
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- December 5, 2022
- FARMINGTON, CONNECTICUT, UNITED STATES
Volunteering to create more vibrant communities
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- December 2, 2022
- FARMINGTON, CONNECTICUT, UNITED STATES
Otis Commits to Advancing Equality and Inclusion for People with Disabilities
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- December 1, 2022
- CHONGQING, CHINA
Otis Continues Massive Modernization Project at Chongqing Metro
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- November 30, 2022
- FARMINGTON, CONNECTICUT, UNITED STATES
Otis Wins Two Project of the Year Awards
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- November 14, 2022
- FARMINGTON, CONNECTICUT, UNITED STATES
Otis Among Forbes’ World’s Top Female-Friendly Companies
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- November 1, 2022
- FLORENCE, SOUTH CAROLINA, UNITED STATES
The Otis Florence Experience: A Decade in the Making
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- October 27, 2022
- FARMINGTON, CONNECTICUT, UNITED STATES
Otis Declares Quarterly Dividend of $0.29 per Share
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- October 28, 2022
- PHNOM PENH, CAMBODIA
Otis and Cambodia Academy of Digital Technology Announce Winners of STEM Robotic Competition
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- October 26, 2022
- FARMINGTON, CONNECTICUT, UNITED STATES
Otis Reports Third Quarter 2022 Results
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- October 24, 2022
- FARMINGTON, CONNECTICUT, UNITED STATES
Nelda Connors Appointed to Otis Worldwide Board of Directors
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- October 24, 2022
- PANAMA CITY
Otis selected to supply 127 Elevators and Escalators for Panama Metro Line 3
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- October 21, 2022
- FARMINGTON, CONNECTICUT, UNITED STATES
Otis Makes Forbes’ World’s Best Employers List
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- October 18, 2022
- FARMINGTON, CONNECTICUT
Lehigh University honors Judy Marks with a 2022 Distinguished Alumni Award for Excellence in Industry
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- October 17, 2022
- CHINA
Otis Maintains and Upgrades Elevators at China’s Highest Hydropower Plants
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- October 6, 2022
- FARMINGTON, CONNECTICUT, UNITED STATES
Otis Third Quarter 2022 Earnings Advisory
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- October 3, 2022
- FARMINGTON, CONNECTICUT
Otis Celebrates Diversity with Global ‘We Are Many Voices’ Month
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- September 20, 2022
- FARMINGTON, CONNECTICUT
Students Tackle Climate Change Using STEM Skills
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- September 1, 2022
- FARMINGTON, CONNECTICUT, UNITED STATES
Otis CEO to Speak at Morgan Stanley Conference
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- August 31, 2022
- FLORENCE, SOUTH CAROLINA, USA
Otis Factory in Florence Receives Highest Safety Designation in South Carolina
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- August 17, 2022
- HANGZHOU, EAST CHINA
Otis Supports Smart Mobility at Futuristic Vivo R&D Center in East China
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- August 2, 2022
- SINGAPORE
Otis Singapore completes refurbishment of over 200 escalators in 42 MRT stations
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- August 1, 2022
- FARMINGTON, CONNECTICUT, UNITED STATES
Otis Interns Give Back Across the U.S.
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- July 28, 2022
- FARMINGTON, CONNECTICUT, UNITED STATES
Otis Declares Quarterly Dividend of $0.29 per Share
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- July 27, 2022
- FARMINGTON, CONNECTICUT, UNITED STATES
Otis Sells Its Russia Business
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- July 27, 2022
- FARMINGTON, CONNECTICUT, UNITED STATES
Otis Reports Second Quarter 2022 Results
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- July 18, 2022
- SHANGHAI
Otis Awards Scholarships to 90 Outstanding Female STEM Students
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- July 12, 2022
- FARMINGTON, CONNECTICUT, UNITED STATES
Otis Second Quarter 2022 Earnings Advisory
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- July 7, 2022
- SHANGHAI
Otis Customer App bridges smart elevator ecosystem’s last mile
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- June 27, 2022
- FARMINGTON, CONNECTICUT
Otis Appoints Anurag Maheshwari Executive Vice President & Chief Financial Officer
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- June 16, 2022
- SAN SEBASTIÁN, SPAIN
King Felipe VI of Spain Inaugurates Otis’ New State-of-the-Art Factory
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- June 14, 2022
- LONDON
Otis Helps Keep London Moving as Capital's Newest Railway Opens
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- June 7, 2022
- SHANGHAI
South China’s Greater Bay Area is Taller, Faster and Smarter with Otis
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- May 24, 2022
- BETHLEHEM, PENNSYLVANIA, UNITED STATES
Otis CEO Delivers Commencement Addresses at Lehigh University
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- May 9, 2022
- FARMINGTON, CONNECTICUT, UNITED STATES
Zardoya Otis Delisted from Spanish Stock Exchanges
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- May 4, 2022
- FARMINGTON, CONNECTICUT, UNITED STATES
Otis Named Among Noteworthy Companies by DiversityInc
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- April 28, 2022
- SEOUL, SOUTH KOREA
Otis Gen2® Life Elevator Awarded INNOSTAR Certification for 8th Consecutive Year
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- April 25, 2022
- FARMINGTON, CONNECTICUT, UNITED STATES
Otis Reports First Quarter 2022 Results
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- April 22, 2022
- FARMINGTON, CONNECTICUT, UNITED STATES
Otis Announces a 20.8 Percent Increase in Quarterly Dividend to $0.29 per Share
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- April 18, 2022
- FARMINGTON, CONNECTICUT, UNITED STATES
Helping Communities Connect and Thrive Through Volunteerism
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- April 15, 2022
- BERLIN, GERMANY
Otis Germany to Service More Than 130 Elevators in Hospital Portfolio
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- April 14, 2022
- FARMINGTON, CONNECTICUT, UNITED STATES
Otis Announces Winners of Made to Move Communities Challenge
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- April 13, 2022
- SHANGHAI, CHINA
Shenzhen Metro Selects Otis China for New Rail Line Project
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- April 11, 2022
- FARMINGTON, CONNECTICUT, UNITED STATES
Otis First Quarter 2022 Earnings Advisory
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- April 8, 2022
- FARMINGTON, CONNECTICUT, UNITED STATES
Otis Receives Results of Zardoya Tender Offer
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- April 6, 2022
- FARMINGTON, CONNECTICUT, USA
Designed with Smart Buildings in Mind: The New Gen3 and Gen360 Connected Elevators from Otis
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- April 4, 2022
- FARMINGTON, CONNECTICUT, UNITED STATES
Mentoring the Next Generation of STEM Leaders to Solve Inclusive Mobility Challenges
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- FARMINGTON, CONNECTICUT, UNITED STATES
Otis Wins CIO100 Award with Otis ONE IoT platform
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- March 31, 2022
- FARMINGTON, CONNECTICUT, UNITED STATES
Otis Releases Inaugural Environmental, Social and Governance Report
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- March 23, 2022
- FARMINGTON, CONNECTICUT, UNITED STATES
Otis Chair & CEO to Speak at Lehigh University Commencement
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- March 14, 2022
- CANNES, FRANCE
Connectivity, Sustainability and Inclusivity: How does Otis Drive Urban Change?
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- March 1, 2022
- FARMINGTON, CONNECTICUT, UNITED STATES
Otis Receives CNMV Approval of Voluntary Public Tender Offer for Remaining Interest in Zardoya Otis
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- March 1, 2022
- MELBOURNE, AUSTRALIA
Modernizing a Landmark Building in Fast-Growing Melbourne
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- FARMINGTON, CONNECTICUT, UNITED STATES
Otis to Attend Barclays Industrial Select Conference
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- February 16, 2022
- MONTERREY, MEXICO
Monterrey Becomes First Latin American City with eCall Plus App to Remotely Call Elevators
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- February 15, 2022
- FARMINGTON, CONNECTICUT, UNITED STATES
Otis Presents Value Creation Strategy at 2022 Investor Day
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- February 3, 2022
- FARMINGTON, CONNECTICUT, UNITED STATES
Otis Declares Quarterly Dividend of $0.24 per Share
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- February 2, 2022
- FARMINGTON, CONNECTICUT, UNITED STATES
Fortune Names Otis to “Most Admired Companies” List
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- January 31, 2022
- FARMINGTON, CONNECTICUT, UNITED STATES
Otis Full Year and Fourth Quarter 2021 Results
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- January 27, 2022
- FARMINGTON, CONNECTICUT, UNITED STATES
Otis Again Named Among “Best Places to Work for LGBTQ Equality”
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- January 26, 2022
- SHANGHAI
Otis China Wins Awards for Innovation, Leadership and More
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- January 25, 2022
- TAIPEI, TAIWAN
Otis Taiwan Lands Contract for New Terminal as Taiwan Taoyuan International Airport Prepares for Travel Growth
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- January 24, 2022
- TAIPEI, TAIWAN
Otis Wins Elevator World Project of the Year Award for Taichung Mass Rapid Transit Green Line
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- January 14, 2022
- FARMINGTON, CONNECTICUT, UNITED STATES
Otis Fourth Quarter 2021 Earnings Advisory
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- January 12, 2022
- FARMINGTON, CONNECTICUT, UNITED STATES
Otis 2022 Investor Day to be Hosted Virtually
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- January 5, 2022
- FARMINGTON, CONNECTICUT, UNITED STATES
Otis Names Bryant Henson as Executive Vice President, Global Strategy & Business Development
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- December 21, 2021
- Farmington, Connecticut, United States
Otis Reaches Agreement for Euro-Syns to Tender its Full Stake in the Cash Tender Offer for Zardoya Otis Shares
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- December 8, 2021
- FARMINGTON, CONNECTICUT, UNITED STATES
President and CEO Judy Marks Elected as Chair of Otis Worldwide Corporation
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- December 14, 2021
- WASHINGTON
Otis Elevator Landmark in Washington, D.C. Reaches 100-Year Milestone
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- November 19, 2021
- FARMINGTON, CONNECTICUT, UNITED STATES
Otis to Host 2022 Investor Day
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- November 10, 2021
- FARMINGTON, CONNECTICUT, UNITED STATES
Otis Obtains European Union Binding Corporate Rules Certification
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- November 4, 2021
- FARMINGTON, CONNECTICUT, UNITED STATES
OTIS ANNOUNCES PRICING OF EURO-DENOMINATED NOTES
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- November 2, 2021
- NEW YORK
Video: Otis CEO Judy Marks Accepts 2021 CED Distinguished Leadership Award
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- October 28, 2021
- FARMINGTON, CONNECTICUT, UNITED STATES
Otis Declares Quarterly Dividend of $0.24 per Share
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- October 25, 2021
- FARMINGTON, CONNECTICUT, UNITED STATES
Otis Reports Third Quarter 2021 Results
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- October 21, 2021
- NEW YORK
CED Honors Six US Business Leaders and their Companies for Distinguished Leadership
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- October 19, 2021
- SÃO PAULO
Otis Brazil internship program attracts and trains the next top mechanics
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- October 8, 2021
- FARMINGTON, CONNECTICUT, UNITED STATES
Otis Third Quarter 2021 Earnings Advisory
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- September 23, 2021
- FARMINGTON, CONNECTICUT, UNITED STATES
Otis Announces Cash Tender Offer for Remaining 49.99% Interest in Zardoya Otis
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- September 20, 2021
- FLORENCE, SOUTH CAROLINA
Otis’ First Zero Waste to Landfill Pilot Begins
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- August 30, 2021
- FARMINGTON, CONNECTICUT, UNITED STATES
Otis CEO to speak at Morgan Stanley Virtual Conference
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- August 19, 2021
- INCHEON, KOREA
Otis Facility in Korea Achieves Environmental Certification
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- August 9, 2021
- MUMBAI, INDIA
Otis India To Offer Online Order-Booking for Gen2® Prime Elevators
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- August 3, 2021
- TOKYO
Nippon Otis Elevators Successfully Integrate via Cloud with ZMP Robots
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- July 29, 2021
- FARMINGTON, CONNECTICUT, USA
Otis Declares Quarterly Dividend of $0.24 per Share
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- July 26, 2021
- FARMINGTON, CONNECTICUT, USA
Otis Reports Second Quarter 2021 Results
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- NEW YORK
CED Announces Recipients of Its 2021 Distinguished Leadership Awards
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- July 23, 2021
- FARMINGTON, CONNECTICUT, USA
Otis President & CEO: Cities are making a comeback
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- SÃO BERNARDO DO CAMPO, BRAZIL
Otis Facility in Brazil Achieves ISO 14001 Certification
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- July 8, 2021
- BLOOMFIELD, CONNECTICUT, USA
Otis Site Recognized for Corporate Citizenship
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- July 9, 2021
- FARMINGTON, CONNECTICUT, UNITED STATES
Otis Second Quarter 2021 Earnings Advisory
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- June 24, 2021
- TIANJIN, China
Otis introduces Smart Gen3™ elevator as China’s construction sector embraces green development
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- June 23, 2021
- SÃO PAULO
Otis Brazil Modernizes Elevators in São Paulo’s Museu da Língua Portuguesa
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- June 8, 2021
- FARMINGTON, CONNECTICUT, UNITED STATES
Otis Unveils New Generation of Digitally Native Elevator Platforms
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- May 26, 2021
- FARMINGTON, CONNECTICUT, UNITED STATES
Otis Announces Global ESG Goals
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- May 25, 2021
- FARMINGTON, CONNECTICUT, UNITED STATES
Otis Announces Abbe Luersman as Executive Vice President, Chief People Officer
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- May 20, 2021
- FARMINGTON, CONNECTICUT, UNITED STATES
Otis CEO to Present at Bernstein Strategic Decisions Conference
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- April 27, 2021
- SHANGHAI
Urbanization drives Otis growth in China, world’s largest elevator market
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- April 26, 2021
- FARMINGTON, CONNECTICUT, UNITED STATES
Otis First Quarter 2021 Results
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- April 21, 2021
- SEOUL, SOUTH KOREA
Otis Gen2® Life Earns Korea’s INNOSTAR Certification for Seventh Consecutive Year
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- April 22, 2021
- MUNICH
Otis Selected to Provide 92 Escalators for Munich Metro Modernization
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- April 19, 2021
- FARMINGTON, CONNECTICUT, UNITED STATES
Otis Announces a 20 Percent Increase in Quarterly Dividend to $0.24 per Share
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- April 12, 2021
- FARMINGTON, CONNECTICUT, UNITED STATES
Otis Announces Winners of the First Made to Move Communities™ Global Student Challenge
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- April 9, 2021
- FARMINGTON, CONNECTICUT, UNITED STATES
Otis First Quarter 2021 Earnings Advisory
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- April 5, 2021
- HONG KONG SAR
Otis Hong Kong Receives Three Employer of Choice Awards
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- April 2, 2021
- BEIJING
Otis Offers STEM Scholarships Through China Women’s Development Foundation
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- March 16, 2021
- SÃO PAULO
Otis Brazil to Modernize Elevators in São Paulo’s Iconic Birmann 21 Building
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- March 15, 2021
- FARMINGTON, CONNECTICUT, USA
Otis CEO & EVP of Operations to Speak on ESG Conference Call
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- February 10, 2021
- TORONTO
Otis Provides Hundreds of Elevator, Escalator Units for Rail Projects in 3 Canadian Cities
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- February 8, 2021
- SÃO PAULO
Otis Brazil Signs Maintenance Contract with Gazit Group for 88 Units Across Six Properties
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- February 4, 2021
- FARMINGTON, CONNECTICUT, USA
Otis Declares Quarterly Dividend of $0.20 per Share
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- February 1, 2021
- FARMINGTON, CONNECTICUT, UNITED STATES
Otis Full Year and Fourth Quarter 2020 Results
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- January 28, 2021
- FARMINGTON, CONNECTICUT, USA
Otis Earns “Best Places to Work for LGBTQ Equality” Recognition
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- December 8, 2020
- SINGAPORE
Otis Singapore Launches First Otis eCall™ API with Building App Integration
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- December 9, 2020
- FARMINGTON, Connecticut, USA
Otis Celebrates Bestselling Gen2® Elevator – Over 1 Million Units Sold
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- November 12, 2020
- Paris, France
Paris’ New Alto Tower Features Otis Double-Deck Elevators
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- November 9, 2020
- FARMINGTON, Connecticut
Otis Names Bernardo Calleja as President, Otis EMEA
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- November 3, 2020
- SAO PAULO
Otis Brazil Opens 51 Technical Intern Positions in its Rota Escola Program
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- November 5, 2020
- SHANGHAI, China
Otis Accelerates Digitalization as China Moves to Make Cities Smarter
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- October 22, 2020
- MELBOURNE, AUSTRALIA
Otis Australia ‘Lifts’ Country’s Slimmest Skyscraper
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- October 9, 2020
- FARMINGTON, CONNECTICUT, UNITED STATES
Otis Third Quarter 2020 Earnings Advisory
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- October 1, 2020
- TORONTO, CANADA
Otis Technology Lifts Canada’s Next Tallest Building: Toronto’s ‘The ONE’
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- September 29, 2020
- FARMINGTON, CONNECTICUT, UNITED STATES
Otis Launches ‘Made to Move Communities’ Global CSR Program
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- July 22, 2020
- FARMINGTON, UNITED STATES
Otis Commits to Achieving Gender Parity by 2030
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- July 29, 2020
- SHANGHAI, CHINA
Otis China Opens Industry 4.0 Escalator Factory in East China
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- August 14, 2020
- HONG KONG SAR
Otis Hong Kong Celebrates 15th Consecutive Caring Company Award
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- August 17, 2020
- FARMINGTON, CONNECTICUT, UNITED STATES
Otis Acquires Bay State Elevator, Further Strengthens Presence in Northeast U.S.
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- August 19, 2020
- FARMINGTON, CONNECTICUT, UNITED STATES
Otis CEO and CFO to speak on Barclays conference call
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- September 1, 2020
- FARMINGTON , CONNECTICUT, UNITED STATES
Otis CEO to speak at Morgan Stanley Virtual Conference
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- September 15, 2020
- SHANGHAI, China
Otis China selected to support Tianjin’s development via metro project expansion
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- August 27, 2020
- FARMINGTON, CONNECTICUT, UNITED STATES
Otis Commissions Study on Elevator Airflow Amid COVID-19 Pandemic
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- September 18, 2020
- Farmington, United States
Otis Announces Quarterly Dividend of $0.20 per Share
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- August 11, 2020
- FARMINGTON, United States
Otis Announces ‘Our Commitment to Change’ Social Justice Initiative
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- January 21, 2020
- FARMINGTON, CONNECTICUT, UNITED STATES
Otis Investor and Analyst Meeting Advisory
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- April 30, 2020
- HANGZHOU , CHINA,
Otis supports Hangzhou Airport expansion and continues to be a key contributor in the city’s infrastructure growth
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- February 11, 2020
- FARMINGTON, Connecticut, United States
Otis Presents Growth and Value Creation Strategy at Investor Day
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- May 6, 2020
- SEOUL, SOUTH KOREA
Otis Korea Unveils New Aesthetics for Low-to-Medium Speed Elevator, Gen2® Life - ‘Nova Plus Design’
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- May 6, 2020
- FARMINGTON, CT, UNITED STATES
Otis Declares Quarterly Dividend of $0.20 per Share
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- March 5, 2020
- UNITED STATES
A look at New York Otis featured in Elevator World’s March edition
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- May 13, 2020
- FARMINGTON, CONNECTICUT, UNITED STATES
Otis CEO to present at Bernstein Strategic Decisions Conference
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- March 11, 2020
- FARMINGTON, CONNECTICUT, UNITED STATES
UTC Board of Directors approves separation of Otis
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- May 28, 2020
- SOUTH KOREA
Otis signs ‘Partnership for Inclusive Growth and Gender Equality’ in South Korea
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- April 3, 2020
- FARMINGTON, CONNECTICUT, UNITED STATES
Otis Common Stock Begins Trading on New York Stock Exchange
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- April 17, 2020
- FARMINGTON, CONNECTICUT, UNITED STATES
Otis First Quarter 2020 Earnings Advisory
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- April 28, 2020
- SEOUL, SOUTH KOREA
Otis Gen2 Life Wins INNOSTAR 2020 for Sixth Consecutive Year
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- July 13, 2020
- FARMINGTON, CONNECTICUT, UNITED STATES
Otis Second Quarter 2020 Earnings Advisory
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- July 15, 2020
- FARMINGTON, CONNECTICUT, UNITED STATES