Otis Worldwide Corp - Company Profile
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Otis Worldwide Corp (Otis) manufactures, installs, and supplies elevators, escalators, and moving walkways globally. Established Position, improved operating performance, and focused R&D activities are the company’s major strengths, even as increase in debt remains a cause for concern. New product launches, contracts and agreements, and a positive outlook for the global construction industry could provide new growth opportunities for the company. However, increasing labor costs in US, government contract compliance, and foreign currency fluctuations could affect the company’s performance.
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