Just one year later, the company moved its base back to Schlieren, and in 1901, there was another renaming, to Schweizerische Wagons-Fabrik AG in Schlieren-Zürich (SWS).

In 1956 it was announced that Pars Finanz AG – the then holding company of the Schindler Group, which was involved in lift manufacturing and wagon building – had purchased 30% of SWS's share capital.

In 1958, Schlieren installed the fastest lift at the time - with speed of 5 m/s (20 ft/s), in Atomium building in Brussels, the capital of Belgium.

At the former premises of SWS, which were demolished very soon afterwards, a large new building was constructed, to house a new printing works for the Neue Zürcher Zeitung (NZZ).

Schindler continues to manufacture lifts today, and is the core product of that company, along with escalators and moving walkways.