October 24, 2016 3:24 AM ET


Company Overview of Schindler Elevator Corporation

Company Overview

Schindler Elevator Corporation manufactures, installs, and services elevators, escalators, and moving walks for people-moving applications in North America. The company offers hydraulic and traction elevator systems, machine room-less traction elevators, traction elevator systems, high-speed elevators, and elevator destination dispatching systems, as well as elevator components such as cabs, doors, entrances, platforms, power units, fixtures, ducts, and fascia. Its products are used in office buildings, airports, shopping centers/retail establishments, and specialty buildings. The company was formerly known as Schindler Haughton Elevator Corporation and changed its name to Schindler Elevator...

20 Whippany Road

Morristown, NJ 07960

United States

Founded in 1979





Key Executives for Schindler Elevator Corporation

Chief Executive Officer of Americas
President of Canadian Operations
Vice President of New Installation Marketing and National Accounts
Compensation as of Fiscal Year 2016.

Schindler Elevator Corporation Key Developments

Schindler Elevator Corporation Introduces its Schindler 3100 Machine Room-Less Traction Elevator

Schindler Elevator Corporation introduced its Schindler 3100 machine room-less traction elevator. The Schindler 3100 is an MRL specifically designed to replace hydraulic elevators for the low-rise commercial and multi-unit residential market in the U.S. Easy to order, simple to install, with space and energy savings and a smooth, quiet performance, the Schindler 3100 is the cost-effective choice for today’s two- to three-story buildings. The Schindler 3100 is designed to allow for more usable building and design space by eliminating the need for a machine room or a control closet. It fits seamlessly into the footprint of a hydraulic elevator design, yet provides the smooth, quiet operation of traction technology.

Schindler Elevator Corporation to Provide Elevators for Park Tower at Transbay in San Francisco

Schindler Elevator Corporation has been awarded a multi-million dollar contract with developer, The John Buck Company, to supply and install 20 elevators at Park Tower at Transbay, 18 of which will run on Schindler’s award winning PORT destination-dispatch technology. These elevators will supply Occupant Evacuation Operation (OEO) using enhanced integration with the fire-safety system for passenger egress during a fire scenario. The 43-story structure, adjacent to San Francisco’s Transbay Transit Center, will feature a unique design that incorporates multiple sky decks and 751,500 square feet of Class A++ office and high-end retail space. Once complete, the 605-foot tower will be the newest landmark on the San Francisco skyline offering breathtaking panoramic views of the city and the San Francisco bay. Park Tower at Transbay, located in the core of San Francisco’s most desirable submarket, will be the first to incorporate Schindler’s OEO solution by more closely interfacing with the building’s fire-safety system. Occupant Evacuation Operation is a non-mandatory code released in the United States that describes the use of elevators for passenger evacuation during a fire scenario. The use of these OEO elevators provides a means for a quicker evacuation process in the case of an emergency. Moving occupants more efficiently throughout the tower will be the energy-efficient Schindler 7000 custom high-rise passenger elevators equipped with Schindler’s PORT Technology destination-dispatch system. The system has a two-way communication interface between occupants and the building’s environment. It optimizes traffic flow while offering predictive call entry and personalized service. The PORT Technology’s patented access control uses RFID technology to play a significant role in managing and controlling access within the building. Schindler 7000 can improve building efficiency by: using permanent magnet motors and Power Factor 1 drives which reduce energy consumption by up to 35% and produce less heat than traditional drives; Re-generating energy back into the building’s electrical system; and using recovered energy to power other building demands such as lighting, air conditioning or other equipment.

Schindler Wins Contract to Modernize and Maintain Elevators and Escalators for Metropolitan Atlanta Rapid Transit Authority (MARTA)

Schindler Elevator Corporation has been awarded a multi-million dollar contract to modernize and maintain 109 elevators and 116 escalators at 38 stations throughout the Metropolitan Atlanta Rapid Transit Authority (MARTA) system. The contract is part of the MARTA Transformation Initiative (MTI), a program focused on specific goals providing the best benefits to the Authority and its stakeholders over the next five years, including saving money, developing better strategies, and taking advantage of new technology.

Similar Private Companies By Industry

Company Name Region
+Vantage Corporation United States
101 Imports, Inc. United States
21st Century Energy, Inc. United States
360 Yield Center, LLC United States
3DOps United States

Recent Private Companies Transactions

No transactions available in the past 12 months.

The information and data displayed in this profile are created and managed by S&P Global Market Intelligence, a division of S&P Global. Bloomberg.com does not create or control the content. For inquiries, please contact S&P Global Market Intelligence directly by clicking here.

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
Bertelsmann AG Europe
Bloomberg L.P. United States
NYC2012, Inc. United States
The Advertising Council, Inc. United States

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact Schindler Elevator Corporation, please visit www.schindler.com/us/internet/en/home.html. Company data is provided by S&P Global Market Intelligence. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.