Subsidy Tracker Parent Company Summary

Parent Company Name: 
Otis Worldwide Corporation
Ownership Structure: 
publicly traded (ticker symbol OTIS)
Headquartered in: 
Connecticut
Major Industry: 
building materials
Specific Industry: 
elevators
Subsidy SummarySubsidy ValueNumber of Awards
State/Local$3,429,5875
Federal (grants and allocated tax credits)$00
TOTAL$3,429,5875
Loan / Bailout SummaryTotal Face ValueNumber of Awards
State/Local loans, bond financing and venture capital$00
Federal loans, loan guarantees and bailout assistance (not including repayments)$00
TOTAL$00
Time Period for State and Local Awards: 

Earliest year of data: 2010. Availability of data for earlier years varies greatly from program to program. The majority of the listings for this parent company are for the period since 2011.

Time Period for Federal Awards: 

FY2000 to the present

Notes: 

Dollar totals do not include awards for which no subsidy value is disclosed.

Associated Names: 

OTIS ELEVATOR


Top 5 States for state/local awardsTotal Subsidy $Number of Awards
South Carolina$2,579,7392
North Carolina$849,8483

Individual Subsidy Records:

Click on the company name for more information on each subsidy award.
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Company Location Subsidy Source Year Subsidy Valuesort icon Loan/Bailout Value Type of Subsidy
Otis Elevator South Carolina state 2011 $2,500,000 grant
Otis Elevator Company Of NJ And Affiliates North Carolina state 2010 $797,426 tax credit/rebate
Otis Elevator South Carolina state 2012 $79,739 training reimbursement
Otis Elevator Company of NJ & Affiliates North Carolina state 2011 $42,828 tax credit/rebate
Otis Elevator Company of NJ and Affiliates North Carolina state 2012 $9,594 tax credit/rebate
Otis Elevator Company South Carolina state 2014 undisclosed tax credit/rebate
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