What Elevator Technology does

Elevator Technology Corp is a family-owned wholesale distributor of OEM elevator and escalator replacement parts, founded in 2006 and based at 337 Market Street, Paterson, New Jersey. The company stocks and ships OEM components for current and legacy elevator systems, covering brands including Otis, Armor, Serge, Staley, G.A.L., O'Thompson, KONE/Montgomery, Westinghouse, Watson, Cougar Electronics, Rixson, Ward Leonard, Memcor, Potter & Brumfield, Cutler Hammer, Seaberg, ELSCO, Turnbull, IPC, Hubbel, EECO, and Payne. Its product range spans electronic components (PC boards, contactors, relays, transformers, rectifiers, capacitors, potentiometers), mechanical components (door gibs, brushes, safety edges, selector tape, V-belts, station cars, cab accessories), and full assembly parts organized by manufacturer. The company describes its inventory as "one of the largest" of OEM elevator replacement parts available in the US and emphasizes same-day, ready-to-ship fulfillment.

The business model is transactional wholesale: revenue is generated through one-time sales of physical parts, with no recurring or subscription component. Customers contact the company directly by phone (973-523-7760) or email ([email protected]); no online pricing or e-commerce checkout is offered. The company serves three primary customer segments: elevator maintenance companies, building service providers/facilities managers, and independent elevator technicians, all of whom need reliable access to OEM parts (including discontinued/hard-to-find legacy SKUs) to minimize elevator downtime. Marketing is conducted almost entirely through the company website, which functions as a browsable catalog organized by OEM manufacturer and part category.

There is no evidence of technology product development, no AI/ML capabilities, no patents, no certifications, no partnerships, no M&A activity, and no external funding. The company is privately held, family-owned, and reportedly operates with 11-50 employees. Its infrastructure (Homestead-built website, single contact email, single phone line) and absence of digital or growth signals suggest a small, stable, owner-operated distribution business rather than a scaling venture.

Name

Elevator Technology

Legal name

ELEVATOR TECHNOLOGY CORP

Website

https://elevatortechnologycorp.com

Company type

Private

Founded year

2006

Operating status

Operating

Headcount range

11–50 employees

Short description

Elevator Technology Corp is a family-owned Paterson, NJ wholesale distributor, founded in 2006, that stocks and ships OEM elevator and escalator replacement parts for current and legacy systems across many manufacturers to elevator maintenance companies, building service providers, and independent technicians in the United States.

Ownership category

akta.pro rank

Product category

Elevator Replacement Parts Distribution

NAICS

Elevator and Moving Stairway Manufacturing (333921)

SIC

Wholesale-Electronic Parts & Equipment, Nec (5065), Wholesale-Industrial Machinery & Equipment (5084)

akta.pro primary industry

Elevator, Escalator & Lift Maintenance (IMAIABAF)

akta.pro secondary industries

Freight/Service Elevator Service & Maintenance (BPABAIAB), Elevator, Escalator & Vertical Transportation Installation/Service (IMAFALAI)

Keywords

• OEM elevator parts
• Elevator replacement parts
• Escalator components
• Elevator maintenance supplies
• Industrial parts distribution

Headquarters

HQ city

Paterson

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Infrastructure

Revenue model

1. Elevator Replacement Parts Sales: The company generates revenue through the sale of OEM elevator replacement parts. They stock a large inventory of components from multiple elevator manufacturers including Otis, Armor, Serge, Staley, G.A.L., O'Thompson, Kone, Montgomery, and many others. Parts include motors, transformers, contactors, relays, PC boards, rectifiers, capacitors, brushes, door components, safety edges, rollers, coils, switches, and more. Sales are one-time transactional purchases with no recurring revenue component.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

Elevator Technology Corp is a family-owned wholesale distributor of OEM elevator and escalator replacement parts, stocking one of the largest multi-manufacturer inventories in the United States. The company supplies electronic and mechanical components from brands such as Otis, Armor, Serge, Staley, G.A.L., O'Thompson, Kone, Montgomery, Westinghouse, Watson, Rixson, and Ward Leonard, with same-day shipping from its Paterson, NJ facility to elevator maintenance companies, building service providers, and independent technicians.

Product overview

Elevator Technology Corp is a family-owned elevator parts supplier based in Paterson, NJ, operating since 2006. The company offers one of the largest inventories of OEM (Original Equipment Manufacturer) elevator replacement parts. Their product portfolio centers on a comprehensive catalog of elevator components organized by manufacturer brand, including Otis, Armor, Serge, Staley, GAL, O'Thompson, KONE/Montgomery, Westinghouse, Watson, Cougar Electronics, Rixson, Ward Leonard, Memcor, Potter & Brumfield, Cutler Hammer, Seaberg, ELSCO, Turnbull, IPC, Hubbel, and EECO. The product categories span electronic components (PC boards, motors, contactors, relays, transformers, rectifiers, resistors, capacitors, potentiometers, relay plug-ins), mechanical components (door gibs, brushes, safety edges, selector tape guides, station cars, V-belts, cab accessories), and complete assembly parts for specific elevator brands. They position themselves on competitive pricing and top quality OEM parts with ready-to-ship availability.

Differentiator

Problem solved

Functional benefit

Products and services

• OEM Elevator Replacement Parts

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators1 record

Recent moves3 records

Broad incumbents

• Schindler Elevator Corporation: Major global elevator OEM with a strong U.S. service and modernization footprint. Schindler/Westinghouse parts are sold by Elevator Technology, while Schindler's service network competes for the same maintenance-driven parts demand.
• TK Elevator (ThyssenKrupp): One of the four major global elevator OEMs with a large U.S. installed base and direct service organization. Represents both a parts-source relationship and a structural competitive threat to independent distributors.
• Otis Worldwide: The world's largest elevator OEM and service provider; Elevator Technology stocks and resells a substantial volume of Otis parts. Otis represents both a key supply relationship (legacy parts availability) and the principal competitive threat via its direct service network.
• KONE Corporation: Global elevator OEM with a growing service and modernization business. KONE/Montgomery parts are explicitly stocked by Elevator Technology; KONE's direct service network competes for parts-sourcing decisions on its installed base.

Direct peers

• Liberty Elevator Corporation: Privately held independent supplier of elevator/escalator parts and equipment serving the Northeast U.S. Comparable in scale, customer base (service companies and building managers), and OEM-agnostic parts distribution model.
• MEI (Multi-Elevator Industry / Total Elevator Solutions): Independent elevator parts distributor offering OEM and aftermarket components across multiple manufacturers to service companies. Comparable customer base and product breadth across legacy and current elevator brands.
• Quality Elevator Products (QEPS): Independent U.S. distributor of elevator parts and components, supplying maintenance and service companies with parts for multiple OEM brands. Directly comparable product catalog overlap and similar target customers.
• Adams Elevator Equipment Company: Independent distributor of OEM and aftermarket elevator/escalator replacement parts serving U.S. maintenance companies. Closely comparable in customer base (service companies, building managers), product breadth across multiple OEM brands, and small-to-mid-scale family/privately-owned operation.

Regional players

• East Coast Elevator Supply: Regional elevator parts supplier focused on the U.S. Northeast corridor, with a comparable OEM-agnostic parts catalog and customer base of independent service companies.

Emerging players

• PFlow Industries: U.S. manufacturer of vertical lift equipment for material handling with a parts/service business. Adjacent vertical-transportation niche with overlapping customer types (facilities, maintenance) and a similar legacy-equipment installed-base exposure.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights4 records

Customer concentration

• Facebookfacebook.com/profile.php
• LinkedInlinkedin.com/company/elevator-technology-corp

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Elevator Technology