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Stock impact report

Otis Launches Flexible Elevator Modernization Packages for North America [Yahoo! Finance]

Otis Worldwide Corporation (OTIS) 
Company Research Source: Yahoo! Finance
FARMINGTON, Conn. Feb. 25, 2026 /PRNewswire/ -- There are more than 1 million elevators in use across the U.S. and Canada, including many that are at least 20 years old – posing a risk of operational challenges and frustration for building owners and passengers in the event of an unplanned shutdown. The new, flexible Arise MOD Prime and Arise MOD Plus solutions from Otis are now available in North America to modernize and refurbish elevators in low- to mid-rise residential and commercial buildings. Otis (NYSE: OTIS), the world's leading elevator and escalator manufacturing, installation, service and modernization company, is introducing its new flexible Arise MOD Prime and Arise MOD Plus solutions in North America to modernize and refurbish low- to mid-rise residential and commercial buildings. "Modernizing elevators is one of the most effective ways to enhance safety, elevate the passenger experience, and improve energy performance," said Joseph Armas, President, Otis Americas Show less Read more
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