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AEG Invests In Kentucky, Pennsylvania Companies, Taps VP

American Elevator Group (AEG) has completed investments in two companies, one being DC Elevator Co., the largest independent elevator company in Kentucky, and Eastern Elevator Service & Sales Co., which serves customers throughout Pennsylvania, Maryland, eastern Ohio, and northern West Virginia. DC Elevator was founded in 1977 and has offices in Lexington, Louisville and Hazard, Kentucky, and Charleston, West Virginia. It also has satellite offices in Florence and Paducah, Kentucky. AEG announced the completion of the deals on January 6. Karen Kennedy Dodds, CEO of Kencor Elevator, which was recently acquired by AEG (ELENET 859), said Kencor has known the two companies for many years and believes their “reputations for quality and service will add further strength to our combined future potential. . . .”


AEG also appointed longtime elevator industry veteran William “Bill” Lawson vice president, business development, the company announced on December 30, 2020. With a mandate to drive expansion plans across AEG’s portfolio, Lawson is tasked with identifying new partner opportunities nationwide, as well as supporting the company’s onboarding processes to ensure a smooth transition for new acquisitions and their employees. Lawson started his career as a field mechanic with Otis in the 1970s and most recently served as Midwest regional vice president with Vantage. AEG President C. Mark Boelhouwer, in announcing Lawson’s new position, said he brings “a wealth of practical field experience and management knowledge from the world of elevator services.” AEG offers maintenance, repair, installation, and modernization services through its collection of elevator companies

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