Profile: ABM Industries Inc (ABM.N)
14 Dec 2017
ABM Industries Incorporated, incorporated on March 19, 1985, is a provider of integrated facility solutions. The Company operates through five segments: Janitorial, Facility Services, Parking, Building & Energy Solutions, and Other. The Company's services include electrical and lighting; energy solutions; facilities engineering; Heating, ventilation and air conditioning (HVAC); mechanical; landscape and turf, and other solutions, which the Company provides through integrated solutions. The Company serves urban, suburban, and rural areas and properties of all sizes-from schools and commercial buildings to airports, data centers, hospitals and manufacturing plants. The Company offers its services under trade names, such as ABM, ABM Building Value, ABM Greencare, ABM MPower, Linc Service and TEGG.
The Company's Janitorial segment provides a range of cleaning services for commercial office buildings, data centers, educational institutions, government buildings, health facilities, industrial buildings, retail stores, sport event facilities and transportation hubs. These services include carpet cleaning and dusting, floor cleaning and finishing, window washing and other building cleaning services.
The Company's Facility Services segment provides onsite mechanical engineering and technical services and solutions relating to a range of facilities and infrastructure systems. The facilities the Company services include commercial office buildings, data centers, educational institutions, high technology manufacturing facilities, shopping centers and transportation hubs.
The Company's Parking segment provides parking and transportation services for clients at various locations, including commercial office buildings, educational institutions, health facilities, hotels, sport event facilities and transportation hubs. The Company operates parking facilities through three types of arrangements: parking reimbursement, leased location and allowance location.
Building & Energy Solutions
The Company's Building & Energy Solutions segment provides custom energy solutions, electrical, HVAC, lighting, and other general maintenance and repair services for clients in the public and private sectors. Its services include bundled energy solutions, energy efficiency upgrades, installations, preventative maintenance, retro-commissioning and retrofits. The Company also provides specialty solutions in support of the United States government entities, such as construction management; healthcare support; leadership development; military base operations, and other mission support. The segment also provides facility management and environmental services, food and nutrition services, healthcare technology management services, and patient and guest services in support of healthcare systems and hospitals.
The Company's other segment provides facility solutions to airlines and airports. The Company provides the solutions related to access control, aircraft cabin cleaning, certain shuttle bus operations and passenger assistance.
The Company competes with Able Building Maintenance; Aramark; Cushman & Wakefield; GCA Services Group, Inc.; Harvard Maintenance; ISS; Command Security Corporation; G2 Secure Staff, LLC; John Menzies plc; Mitie Group plc; OCS Group Limited; Prospect Aviation Corporation; SMS Holdings Corp; Swissport International, LTD; LAZ Parking; SP Plus Corporation; CBRE Group, Inc.; Comfort Systems USA, Inc.; Delta Tucker Holdings, Inc.; Emcor Group, Inc.; IAP Worldwide Services, Inc.; J&J Worldwide Services, and Siemens AG.
ABM Industries Inc
1 Liberty Plz Fl 7
NEW YORK NY 10006-1417
Company Web Links
- BRIEF-ABM Industries Q4 Loss Per Share $0.06
- BRIEF-ABM Industries enters amended employment agreements with CEO and CFO
- Federal judge OKs $4.8 mln settlement between ABM Industries and janitors
- BRIEF-Thomas H Lee Advisors reports 6.95 pct passive stake in ABM Industries
- BRIEF-Goldman Sachs Group reports 7 pct passive stake in ABM Industries as of Sept 1 - SEC Filing