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Latest ABM Industries Stories

2011-11-03 09:15:00

Daylighting industry leader Ciralight Global Inc. begins dealership with ABM Industries that will bring greater Building Efficiency with Ciralight's Suntracker Active Daylighting Systems through ABM's extensive Facility Services network. Los Angeles, CA (PRWEB) November 03, 2011 Ciralight Global (OTC:DB:CGHA), developer and manufacturer of patented energy saving Suntracker Smart Skylightsâ“ž¢, and the only global provider of active daylighting products capable...

2010-12-01 16:02:00

MENLO PARK, Calif., Dec. 1, 2010 /PRNewswire/ -- GI Partners ("GI") announced today the completion of the sale of its portfolio company, The Linc Group, LLC ("TLG" or "Linc"), a leading global provider of technical building services, to ABM Industries Inc. (NYSE: ABM) for $300 million in cash, generating a 4.4x return on invested capital. TLG was acquired by GI Partners in a management-led buyout from the Enron bankruptcy process in 2003. Over a seven-year holding period, GI Partners...

2008-07-18 12:00:41

IBM (NYSE: IBM) today announced that it would continue assisting ABM Industries Incorporated (NYSE: ABM), one of the largest facility services contractors listed on the New York Stock Exchange, with technology integration services for finance and human capital management as well as business process standardization. The companies signed a new services contract for $3.5M under their existing 7 year master services agreement to assist with the ongoing integration of One Source Building...

2008-03-17 15:00:30

Ampco System Parking, a wholly owned subsidiary of ABM Industries Incorporated (NYSE:ABM), has been awarded a multiyear, multimillion-dollar contract with Dallas / Fort Worth (DFW) International Airport's Terminal Link. The contract covers Terminal Link shuttle bus operations utilizing CNG equipped vehicles that transport passengers and guests between all DFW terminals. "We are pleased to have the opportunity to work with DFW's Terminal Link," said Rich Kindorf, president of Ampco...

2007-10-08 03:00:14

ABM Industries Incorporated (NYSE: ABM), a leading facilities services contractor, and OneSource Services Inc. (London AIM: OSS) ("OneSource") announced today that they have signed a definitive agreement under which ABM will acquire OneSource for $365 million in cash. OneSource provides outsourced facilities services, including janitorial, landscaping, general repair and maintenance and other specialized services, for more than 10,000 commercial, industrial, institutional and retail...


Word of the Day
negawatt
  • A unit of saved energy.
Coined by Amory Lovins, chairman of the Rocky Mountain Institute as a contraction of negative watt on the model of similar compounds like megawatt.