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Schindler Elevator history
Schindler Elevator company history timeline
Schindler entered the North American elevator market with the purchase of Toledo-based Haughton Elevator Company in 1979 – briefly branding their products as Schindler-Haughton.
In 1979, Schindler acquired Haughton, forming the merging brand Schindler Haughton.
A Schindler subsidiary was established in Australia in 1981, followed by the acquisition of Precision Elevator Pty.
In 1982, Schindler (Canada) acquired Armor Elevator, to establish themselves in Canada with headquarters in Pickering, Ontario.
1985: Alfred N. Schindler, Luc Bonnard and Doctor Uli Sigg are elected executive directors and take over the management of the company.
The Schindler logo was radically redesigned and modernized in 1985 with red stripes as the dominant motif.
A participation, licensing, and agency agreement was reached between Schindler and Bharat Bijlee Ltd., India's second-largest elevator manufacturer in 1986.
A second joint venture in China followed in 1988, when the Suzhou Elevator Company, with 1,000 employees and an output of 950 elevators per year, was set up in the Jiangsu province.
In 1989, the company dramatically increased its presence in the United States after acquiring the Elevator/Escalator division of Westinghouse Electric, one of the largest producers of elevators and escalators at the time.
In 1990 Schindler's top managers developed a new group strategy, with the intention of transforming the group from an engineering company to a service provider.
In 1990, a new joint venture was also set up in the USSR. Schindler held a 51 percent share in Schindler Mosmontash Lift based in Moscow.
1990: World’s first hall call destination system, Miconic 10 (pictured).
The plant increases its original production capacity by over 40 percent since opening in 1990.
1990: World's first hall call destination system, Miconic 10 (pictured).
In January 1991 a major fire broke out in the Ebikon factory, causing damage valued at several million Swiss Francs.
In September 1991 the first escalator left Schindler's brand-new factory in Clinton, North Carolina.
The newly developed management structure which came into effect in 1991 was set up to better manage the group's rapid growth.
A total of 213 pieces of Schindler equipment were in service from April until October 1992, among them 79 elevators and 33 escalators.
In spring of 1994 the new Schindler 300 elevator car range was launched and received several design prizes.
In 1995 a new Schindler-owned factory for the production of aluminum escalator steps was opened in Suzhou, China.
In 1996, an "intelligent" hall call destination control system known as Miconic 10 was launched, which&mdashcording to Schindler--was able to increase the capacity of elevator groups by up to 50 percent and significantly cut down overall travel time.
The escalator factory in Clinton, North Carolina, was named one of Industry Week magazine's "America's Ten Best Plants" in 1996 and was expanded again that same year.
The "SchindlerMobile"--launched in April 1997--was a new type of passenger elevator.
In 1997 Schindler's escalator service division, including its subsidiary Millar Escalators, was granted a contract by Sears, Roebuck and Co. to maintain about 2,000 elevators and escalators in the retail chains' 820 United States stores.
Net profits had reached CHF 244.9 million, a 71.5 percent increase over 1997, in part due to Schindler's earlier divestment of its rolling stock business.
The company's operating revenues totaled CHF 6.6 billion, a 6.3 percent increase over 1997.
In the escalator field Schindler introduced "Schindler 9300," a new modular system manufactured in Vienna for European customers, in Clinton for the North American customers, and in China for the Asian market. "SMART MRL 001," another elevator with no machine room was introduced in 1998.
Computer subsidiary ALSO exceeded the CHF 1 billion mark for the first time in 1998; as a result, its office and distribution facilities in Switzerland and Germany were expanded.
Despite an uncertain economic climate in Japan, Southeast Asia, Russia, and Brazil, the company expected net profits to continue to grow modestly in 1999.
1999: Schindler acquires 63.64% of the shares of Elevadores Atlas S.A., Sao Paulo, Brazil.
Schindler Elevator Corporation named as a Sears Partner in Progress for 1999.
Schindler earns ISO 9001:2000 certification in the United States Schindler introduces remote monitoring system for preventive elevator maintenance.
2003: Launch of SchindlerID, a new traffic-management and access-control technology.
Schindler's United States operations is honored by Sears, Roebuck and Co. with three Partner in Progress awards for 2004.
The traditional Schindler logo shape returned in 2006 with the company name in the same red as the “stripe logo” 20 years before.
2009: Introduction of Transit Management System, the PORT Technology.
Schindler’s magazine for North American customers, Next Floor, wins two creative awards: the Award of Distinction in the 2009 Communicator Awards and a Silver Award in the 2009 Summit International Creative (SIA) Competition.
2014: Opening of new factories in China (pictured) and India.
2014: Schindler acquires majority in Joint Venture with XJ-Schindler (Xuchang) Elevator Co.
2017: Silvio Napoli becomes Chairman of the Board of Directors.
Schindler InTruss escalator modernization selected as Architectural Record’s 2017 Editors’ Choice Winner.
2018: Launch of breakthrough Robotics Installation System for Elevators.
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Schindler Elevator competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Dover | 1955 | $7.7B | 23,000 | 522 |
| Siemens | 1847 | $66.7B | 303,000 | 717 |
| Whirlpool | 1911 | $16.6B | 78,000 | 158 |
| Emerson | 1890 | $15.2B | 83,500 | 1,139 |
| Caterpillar | 1925 | $64.8B | 97,300 | 958 |
| General Electric | 1892 | $68.0B | 305,000 | 3,289 |
| Danaher | 1969 | $23.9B | 80,000 | 1,744 |
| United Service Technologies | 1995 | $80.7B | 243,200 | 55 |
| Fortive | 2016 | $6.2B | 17,000 | 368 |
| Griffon | 1959 | $2.6B | 4,700 | 6 |
Schindler Elevator history FAQs
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Schindler Elevator may also be known as or be related to SCHINDLER ELEVATOR CORPORATION, Schindler Elevator, Schindler Elevator Corp, Schindler Elevator Corporation, Schindler Elevator KK and Schindler Holding Ltd.