KNOXVILLE, Tenn. (WATE) — An international elevator services firm will pay a more than $600,000 settlement over allegations that they invoiced the Tennessee Valley Authority of preventative ...

Otis Worldwide Corporation (NYSE:OTIS), a global leader in the elevator and escalator industry with annual revenue of $14.26 billion, finds itself at a crossroads as it navigates a complex market ...

In September 2025, Otis Worldwide announced the launch of its Arise™ MOD Prime and MOD Plus elevator modernization solutions in key European markets, aiming to address the challenges of aging elevator ...

Otis Elevator faces technician shortages just months after rolling out a service platform linking the workers with elevator mechanics. The marquee subsidiary of United Technologies Corp. is responding ...