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ABM Industries Inc. (NYSE: ABM) is a leading provider of integrated facility solutions, headquartered in New York. Founded in 1909 by Morris Rosenberg in San Francisco as a window-washing business, it has grown into a multinational corporation with over 100,000 employees and annualized revenue exceeding $8 billion. ABM operates through five segments: Business & Industry, Manufacturing & Distribution, Education, Aviation, and Technical Solutions, with a strong focus on janitorial, engineering, and parking services. The company collaborates with a vast array of industries, including commercial real estate, airports, schools, hospitals, and entertainment venues.
ABM is renowned for its innovation and commitment to sustainability. Recent achievements include a partnership with LaGuardia Gateway Partners to enhance operations at LaGuardia Terminal B, a new energy performance contract in Clarke County, and janitorial services for Phoenix's three major airports. ABM also focuses on eMobility solutions, supporting EV infrastructure and fleet electrification. The company is dedicated to diversity and inclusion, with CEO Scott Salmirs recognized on the Empower Advocates Role Model list for leadership in promoting workplace inclusivity.
Financially, ABM has shown resilience and growth, with a reported revenue increase to $2.1 billion in Q1 2024 and an adjusted EPS forecast raised to $3.40 to $3.50 for fiscal 2024. The company continues to leverage its ELEVATE strategy to drive operational efficiency and client satisfaction.
ABM, a leader in integrated facility services and infrastructure solutions, is expanding its eMobility solutions to support fleet electrification across various sectors. With over 30,000 EV ports installed nationwide, ABM is a key player in energy infrastructure solutions. The company will showcase its offerings at the ACT Expo from May 20-23. ABM aims to help clients scale fleet electrification with services like design, engineering, installation, maintenance, and power resiliency. Recent expansions include acquiring RavenVolt and partnering with Noodoe to develop a proprietary EV operating system. ABM's Electrification Center in Forsyth County, GA, centralizes its eMobility operations and training.
ABM (NYSE: ABM), a leading provider of integrated facility services, has been named one of the 2024 Best Places to Work in Healthcare by Modern Healthcare. This is the seventh time ABM has received this recognition, highlighting its commitment to a positive workplace culture. The company provides a range of services including environmental disinfection, maintenance, patient transport, and more, particularly in healthcare settings. ABM will be honored at the Best Places to Work in Healthcare Awards Gala on October 10 in Nashville, TN. Valerie Burd, President of Business & Industry, and Thomas McCullough, Vice President of Healthcare, emphasized the importance of employee satisfaction in delivering exceptional client experiences.
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