Saturday, June 20, 2020

Independent Elevator Company Suburban Elevator sells to Schindler Elevator Corporation



Suburban Elevator, Illinois, was established in 1994 in the Chicago area and was one of the region's largest independent elevator contractors. The company was recently sold to Schindler Elevator.  Schindler Group, founded in Switzerland in 1874, is a Swiss multinational company which manufactures escalators, moving walkways and elevators worldwide. The Suburban staff was told on Thursday, June 18th.  

Suburban Elevator had a strong presence in the City of Chicago, in the low to mid rise market, and had been one of our main competitors in some of our markets.  Suburban Elevator has other locations around the country, though it is unknown at this time if those locations are part of the sale.

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