Otis earns place on Newsweek's World's Greenest Companies 2026 list. By Otis - August 25, 2026 - 2 min Otis (NYSE: OTIS), the world's leading elevator and escalator manufacturing, installation, service and modernization company, has been named to Newsweek's World's Greenest Companies 2026 list for the second consecutive year. Otis earned 5 stars, the highest rating awarded. The ranking recognizes 850 companies across 28 countries based on an evaluation of companies' self-disclosed environmental performance, including greenhouse gas emissions, water usage, waste generation, sustainability data disclosure and commitments. More than 8,000 companies were considered in the initial analysis. At Otis, sustainability-related strategies are integrated into how Megaproject run its business - supporting its vision and reinforcing its customer-centric, service-oriented mission, said Kevin Dix, Senior Vice President, Global Environment, Health & Safety, Otis. This recognition underscores Otis' continued focus on improved efficiency and business resilience across its operations. To learn more about Otis' sustainability-related projects and programs, read its latest Connect & Thrive report. About Otis Otis gives people freedom to connect and thrive in a taller, faster, smarter world. The global leader in the manufacture, installation, service and modernization of elevators and escalators, Megaproject move 2.5 billion people a day and maintain approximately 2.5 million customer units worldwide - the industry's largest Service portfolio. You'll find Megaproject in the world's most iconic structures, as well as residential and commercial buildings, transportation hubs and everywhere people are on the move. Headquartered in Connecticut, USA, Otis is 72,000 people strong, including 45,000 field professionals, all committed to manufacturing, installing and maintaining products to meet the diverse needs of its customers and passengers in more than 200 countries and territories. To learn more, visit www.otis.com and follow Megaproject on LinkedIn, YouTube, Instagram and Facebook @OtisElevatorCo. Newsweek is a registered trademark of Newsweek LLC. Recent Comments

Ava Risk Group appoints Bryant Henson as CEO. Ava Risk Group has appointed former Otis Worldwide Corporation, L3Harris Technologies and Lockheed Martin executive Bryant Henson as chief executive officer, effective August 24, 2026. The company said the appointment supports its North American growth strategy and comes amid rising investment in the protection of mission-critical infrastructure, driven by geopolitical tensions, ageing infrastructure, digital transformation, and the growing convergence of physical and cyber security. Ava describes itself as a global technology company that develops intelligent sensing and physical security platforms to help organisations detect, understand and respond to threats across mission-critical infrastructure, combining sensing technologies, AI-powered analytics and integrated software. The company said its technologies are used by government agencies, defence organisations and commercial operators in more than 70 countries. Henson most recently served as executive vice president and global head of strategy and business development at Otis Worldwide Corporation. Before that, he held roles at L3Harris Technologies, including president of the Tactical Communications Sector and the Mission Avionics Sector. Earlier in his career, he spent sixteen years at Lockheed Martin in senior operational, business development and executive leadership roles. David Cronin, Chairman of Ava, commented: "The protection of mission-critical infrastructure has become one of the defining security challenges of our time. Governments and infrastructure operators are under increasing pressure to protect essential assets against more sophisticated threats while maintaining operational continuity, resilience and efficiency. For decades, the physical security industry has focused on detecting events. We believe the next generation of intelligent security will be defined by understanding those events, providing customers with meaningful operational intelligence that enables faster decisions, improves resilience and helps safeguard essential services." "Bryant brings exactly the leadership experience we were looking for. He has built and led world-class technology businesses, developed long-term strategic partnerships and successfully executed growth strategies across global defense, aerospace and critical infrastructure markets. Just as importantly, he understands that innovation only creates value when it delivers measurable outcomes for customers." Bryant Henson, newly appointed Chief Executive Officer of Ava, commented: "Throughout my career, I've been privileged to work with organizations that solve complex challenges for customers operating in some of the world's most demanding environments. What attracted me to Ava Risk Group was the opportunity to build on an outstanding technology foundation and help scale a business with tremendous global potential. The market is entering an exciting period of transformation. Customers increasingly require more than sensors or security devices, they need intelligent platforms that deliver actionable information, improve operational awareness and support better decisions across increasingly complex environments." "Ava has earned an outstanding reputation for innovation, technical excellence and customer success. The Company's technologies address some of the world's most important physical security challenges, and I believe there is a significant opportunity to expand that leadership by continuing to invest in innovation, strengthening strategic partnerships and remaining relentlessly focused on customer outcomes." "My priorities are straightforward: listen to our customers, support our people, invest in innovation and execute with discipline. By bringing together intelligent sensing, AI-powered analytics and integrated physical security platforms, we have an opportunity to help customers generate better operational intelligence, strengthen resilience and make faster, more informed decisions. I believe Ava is exceptionally well positioned for its next phase of growth, and I look forward to working alongside our employees, customers and partners to realize that opportunity." Ava said organisations across government, defence and commercial markets are seeking technologies that provide earlier detection, greater operational visibility and faster decision-making.

Finally fixed: Seminary Apartments elevator is back in service. Submitted by tim on Fri, 07/17/2026 - 15:51 Seminary Apartments resident Victoria Maradiaga Ramos takes the building's newly fixed elevator on Thursday. Photo by Otis Roessler The elevator had been broken for more than five months. After more than five months of being out of order, the elevator in the Green Mountain Seminary apartment complex in Waterbury has been fixed, the building's owner said Thursday. The development comes less than a week after the Waterbury Roundabout published a story detailing the frustrations of the tenants, some of whom are elderly or disabled. Fire department officials said they'd had to manually move patients down the stairwell of the three-story building. One man, an 84-year-old veteran with cancer, said he filed a complaint about the situation with the Vermont Human Rights Commission. The building owner, Downstreet Housing & Community Development in Barre, hired Otis Elevator to fix the problem. But over the last few months, the company missed several deadlines and, as of late last week, provided no concrete timeline for when the elevator would be up and running. On Monday, repairs were delayed once again due to technical issues. Finally, on Wednesday, July 15, Otis Elevator employee Garrick Cassavant emailed Downstreet's Leah Sare to inform her that the elevator was back in service, according to emails obtained by the Roundabout. "It's nice that there's some good news," Downstreet's executive director Angie Harbin told the Roundabout on Thursday. Delays in the repair process have taken a toll on building residents. After five and a half months of living without an elevator, Victoria Maradiaga Ramos said she is hesitant to believe that the saga is over. In February, Ramos called emergency responders after a fellow tenant had gotten trapped in the elevator with her infant son. "I don't trust it," Ramos said at the building on Thursday. In Ramos' view, the elevator is still faulty. Upon entering the elevator for a trip from the first to the ground floor, the door began to close slowly and the alarm began to ring. Ramos said that same alarm rang before the elevator initially broke. However, after exiting the elevator and trying again, it ran smoothly. Ramos believes that without the elevator's newfound notoriety, it might have taken longer to be repaired. "I don't think they would've fixed it," she said. The Seminary Apartments on Hollow Road are one of four apartment complexes owned and managed by Downstreet in Waterbury. While she said she was relieved to have the elevator repairs finally done, Harbin said she wants to avoid a similar situation at other properties in the future. She said Downstreet now is looking into funding to inspect every elevator in its portfolio. With lengthy elevator repair times and numerous buildings with just one elevator, Downstreet officials said they hope they can get in front of future malfunctions. "I'm hoping I'll be able to secure those [funds] within the next month," Harbin said, explaining that this is "backup" for which her organization needs to request further grant money. With proper analysis, Harbin said, Downstreet will be able to document any issues with its elevators and estimate the cost of preemptive maintenance and repairs. Via Community News Service, a University of Vermont internship, on assignment for the Waterbury Roundabout WATERBURY - Jul 17, 2026 To support vital journalism, access its archives and get unique features like its award-winning profiles, Book of Lists & Business-to-Business Directory, subscribe HERE! Vermont Business Magazine