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Hoover’s Role Expands to President of Bronx-Based Eltech

Hoover’s Role Expands to President of Bronx-Based Eltech

By Elevator World | October 12, 2021

C. Mark Boulhouwer, president of American Elevator Group (AEG), announced on October 11 the appointment of Michael Hoover as president of Bronx, New York-based Eltech Elevator, in addition to his current role as president of American Elevator & Machine Corp. (AEM). Hoover’s new role becomes effective on January 1, 2022. Patrick Kiely, Eltech’s incumbent president…

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Abell Elevator, Part Of AEG, Names Miller GM

Abell Elevator, Part Of AEG, Names Miller GM

By Elevator World | September 3, 2021

Abell Elevator, a Raleigh, North Carolina, division of American Elevator Group (AEG) named Brent Miller general manager (GM) in August. Prior to that, Miller worked more than seven years at Oracle Elevator, based in the Charlotte, North Carolina, area. He began his career as a financial specialist for PNC Bank in Delray Beach, Florida, progressing…

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AEG Launches Employee Matching-Gift Program

AEG Launches Employee Matching-Gift Program

By Elevator World | August 19, 2021

On August 16, American Elevator Group (AEG) introduced the launch of its employee matching-gift program to encourage and support staff generosity and community involvement. The program provides dollar-for-dollar matched funds to charitable organizations, nonprofit groups and educational institutions that AEG employees choose to support. AEG Chief People Officer Paul Argyropoulos said the program is among…

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Bridging the Gap

By Angela Baldwin | August 1, 2021

AEG has a vision to empower independent businesses with the resources and tools that come with considered investment.

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AEG Invests In South Florida Elevator Service Corp.

AEG Invests In South Florida Elevator Service Corp.

By Elevator World | July 14, 2021

American Elevator Group (AEG) announced its investment in South Florida Elevator Service Corp. (SFES) in July. This is the second acquisition throughout Florida following that of St. Petersburgh-based Right Way Elevator in April 2021, with more acquisitions expected in Florida and the Southern U.S. SFES was established in 2015 and provides a full range of…

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Acquisitions, organic growth and a rebranding

By Elevator World | July 1, 2021

AEG Acquires Abell Elevator International American Elevator Group (AEG) continued its growth in May with the acquisition of Abell Elevator International, which serves customers throughout Kentucky and North Carolina. Headquartered in Louisville, Kentucky, Abell Elevator was founded in 1910. It was acquired by industry veteran Kent Lloyd in 1976. The company specializes in installation, maintenance,…

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AEG Acquires Abell Elevator International

AEG Acquires Abell Elevator International

By Elevator World | May 6, 2021

American Elevator Group (AEG) announced on May 3 the acquisition of Abell Elevator International, which serves customers throughout Kentucky and North Carolina. Headquartered in Louisville, Kentucky, Abell Elevator was founded in 1910. It was acquired by industry veteran Kent Lloyd in 1976. The company specializes in installation, maintenance, modernization and repair of all types of…

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AEG Introduces Tuition Reimbursement Program

AEG Introduces Tuition Reimbursement Program

By Elevator World | April 29, 2021

American Elevator Group (AEG), headquartered in NYC, has introduced a tuition reimbursement program for its approximately 650 employees nationwide not covered by a collective bargaining agreement. The initiative aims to deliver the same benefits as those available to employees covered by union-regulated programs. Announced on April 27, the program provides fee reimbursement for up to…

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Right Way Elevator Joins American Elevator Group

By Elevator World | April 8, 2021

American Elevator Group (AEG) has confirmed its investment in Florida-based Right Way Elevator Maintenance as the first of several planned acquisitions throughout the southern United States, the company announced on April 6. Established in 2012, Right Way specializes in maintenance, modernization and repair of all types of elevators. Led by company President and CEO Ryan…

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AEG Acquires Indiana-Based Rack-and-Pinion Elevator Provider

AEG Acquires Indiana-Based Rack-and-Pinion Elevator Provider

By Elevator World | March 25, 2021

American Elevator Group (AEG) has acquired Rockport, Indiana-based rack-and-pinion elevator provider American Service Group (ASG), AEG announced on March 23. ASG provides a range of elevators and services that support industries such as power generation, cement production and high-rise construction throughout the Midwest, eastern and southern U.S. ASG President Bill Lawson said the support of…

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Elevator World | October 2021 Cover

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