AEG INVESTS IN KENTUCKY, PENNSYLVANIA COMPANIES

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 completion of the deals on January 6. Karen Kennedy Dodds, CEO of Kencor Elevator, which was recently acquired by AEG, 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. . . .”

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