ABM » Topics » Competition

This excerpt taken from the ABM 10-K filed Dec 22, 2009.
Competition
 
The Company believes that each aspect of its business is highly competitive, and that such competition is based primarily on price and quality of service. The Company provides nearly all its services under contracts originally obtained through competitive bidding. The low cost of entry in the facility services business has led to strongly competitive markets comprised of a large number of mostly regional and local owner-operated companies, primarily located in major cities throughout the United States. The Company also competes with the operating divisions of a few large, diversified facility services and manufacturing companies on a national basis. Indirectly, the Company competes with building owners and tenants that can perform one or more of the Company’s services internally. Furthermore, competitors may have lower costs because privately owned companies operating in a limited geographic area may have significantly lower labor and overhead costs. These strong competitive pressures could inhibit the Company’s success in bidding for profitable business and its ability to increase prices as costs rise, thereby reducing margins.
 
These excerpts taken from the ABM 10-K filed Jan 20, 2009.
Competition
 
We believe that each aspect of the Company’s business is highly competitive, and that such competition is based primarily on price and quality of service. The Company provides nearly all its services under contracts originally obtained through competitive bidding. The low cost of entry to the facility services business has led to strongly competitive markets made up of a large number of mostly regional and local owner-operated companies, primarily located in major cities throughout the United States (with particularly


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intense competition in the janitorial business in the Southeast and South Central regions of the United States). The Company also competes with the operating divisions of a few large, diversified facility services and manufacturing companies on a national basis. Indirectly, the Company competes with building owners and tenants that can perform internally one or more of the services provided by the Company. These building owners and tenants might have a competitive advantage when the Company’s services are subject to sales tax and internal operations are not. Furthermore, competitors may have lower costs because privately owned companies operating in a limited geographic area may have significantly lower labor and overhead costs. These strong competitive pressures could inhibit the Company’s success in bidding for profitable business and its ability to increase prices even as costs rise, thereby reducing margins.
 
Competition


 



We believe that each aspect of the Company’s business is
highly competitive, and that such competition is based primarily
on price and quality of service. The Company provides nearly all
its services under contracts originally obtained through
competitive bidding. The low cost of entry to the facility
services business has led to strongly competitive markets made
up of a large number of mostly regional and local owner-operated
companies, primarily located in major cities throughout the
United States (with particularly





5





Table of Contents






intense competition in the janitorial business in the Southeast
and South Central regions of the United States). The Company
also competes with the operating divisions of a few large,
diversified facility services and manufacturing companies on a
national basis. Indirectly, the Company competes with building
owners and tenants that can perform internally one or more of
the services provided by the Company. These building owners and
tenants might have a competitive advantage when the
Company’s services are subject to sales tax and internal
operations are not. Furthermore, competitors may have lower
costs because privately owned companies operating in a limited
geographic area may have significantly lower labor and overhead
costs. These strong competitive pressures could inhibit the
Company’s success in bidding for profitable business and
its ability to increase prices even as costs rise, thereby
reducing margins.


 




These excerpts taken from the ABM 10-K filed Dec 22, 2008.
Competition
 
We believe that each aspect of the Company’s business is highly competitive, and that such competition is based primarily on price and quality of service. The Company provides nearly all its services under contracts originally obtained through competitive bidding. The low cost of entry to the facility services business has led to strongly competitive markets made up of a large number of mostly regional and local owner-operated companies, primarily located in major cities throughout the United States (with particularly


5


Table of Contents

intense competition in the janitorial business in the Southeast and South Central regions of the United States). The Company also competes with the operating divisions of a few large, diversified facility services and manufacturing companies on a national basis. Indirectly, the Company competes with building owners and tenants that can perform internally one or more of the services provided by the Company. These building owners and tenants might have a competitive advantage when the Company’s services are subject to sales tax and internal operations are not. Furthermore, competitors may have lower costs because privately owned companies operating in a limited geographic area may have significantly lower labor and overhead costs. These strong competitive pressures could inhibit the Company’s success in bidding for profitable business and its ability to increase prices even as costs rise, thereby reducing margins.
 
Competition


 



We believe that each aspect of the Company’s business is
highly competitive, and that such competition is based primarily
on price and quality of service. The Company provides nearly all
its services under contracts originally obtained through
competitive bidding. The low cost of entry to the facility
services business has led to strongly competitive markets made
up of a large number of mostly regional and local owner-operated
companies, primarily located in major cities throughout the
United States (with particularly





5





Table of Contents






intense competition in the janitorial business in the Southeast
and South Central regions of the United States). The Company
also competes with the operating divisions of a few large,
diversified facility services and manufacturing companies on a
national basis. Indirectly, the Company competes with building
owners and tenants that can perform internally one or more of
the services provided by the Company. These building owners and
tenants might have a competitive advantage when the
Company’s services are subject to sales tax and internal
operations are not. Furthermore, competitors may have lower
costs because privately owned companies operating in a limited
geographic area may have significantly lower labor and overhead
costs. These strong competitive pressures could inhibit the
Company’s success in bidding for profitable business and
its ability to increase prices even as costs rise, thereby
reducing margins.


 




This excerpt taken from the ABM 10-K filed Dec 21, 2007.
Competition
 
We believe that each aspect of the Company’s business is highly competitive, and that such competition is based primarily on price and quality of service. The Company provides nearly all its services under contracts originally obtained through competitive bidding. The low cost of entry to the facility services business has led to strongly competitive markets made up of large numbers of mostly regional and local owner-operated companies, located in major cities throughout the United States and in British Columbia, Canada (with particularly intense competition in the janitorial business in the Southeast and South Central regions of the United States). The Company also competes with the operating divisions of a few large, diversified facility services and manufacturing companies on a national basis. Indirectly, the Company competes with building owners and tenants that can perform internally one or more of the services provided by the Company. These building owners and tenants might have a competitive advantage when the Company’s services are subject to sales tax and internal operations are not. Furthermore, competitors may have lower costs because privately owned companies operating in a limited geographic area may have significantly lower labor and overhead costs. These strong competitive pressures could inhibit the Company’s success in bidding for profitable business and its ability to increase prices even as costs rise, thereby reducing margins.
 
This excerpt taken from the ABM 10-K filed Dec 22, 2006.
Competition
 
The Company believes that each aspect of its business is highly competitive, and that such competition is based primarily on price and quality of service. The Company provides nearly all its services under contracts originally obtained through competitive bidding. The low cost of entry to the facility services business has led to strongly competitive markets made up of large numbers of mostly regional and local owner-operated companies, located in major cities throughout the United States and in British Columbia, Canada (with particularly intense competition in the janitorial business in the Southeast and South Central regions of the United States). The Company also competes with the operating divisions of a few large, diversified facility services and manufacturing companies on a national basis. Indirectly, the Company competes with building owners and tenants that can perform internally one or more of the services provided by the Company. These building owners and tenants might have a competitive advantage when the Company’s services are subject to sales tax and internal operations are not. Furthermore, competitors may have lower costs because privately owned companies operating in a limited geographic area may have significantly lower labor and overhead costs. These strong competitive pressures could inhibit the Company’s success in bidding for profitable business and its ability to increase prices even as costs rise, thereby reducing margins.
 
This excerpt taken from the ABM 10-K filed Jan 14, 2005.
Competition

      The Company believes that each aspect of its business is highly competitive, and that such competition is based primarily on price and quality of service. The Company provides nearly all its services under contracts originally obtained through competitive bidding. The low cost of entry to the facility services business has led to strongly competitive markets made up of large numbers of mostly regional and local owner-operated companies, located in major cities throughout the United States and in British Columbia, Canada (with particularly intense competition in the janitorial business in the Southeast and South Central regions of the United States). The Company also competes with the operating divisions of a few large, diversified facility services and manufacturing companies on a national basis. Indirectly, the Company competes with building owners and tenants that can perform internally one or more of the services provided by the Company. These building owners and tenants might have a competitive advantage when the Company’s services are subject to sales tax and internal operations are not. Furthermore, competitors may have lower costs because

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privately-owned companies operating in a limited geographic area may have significantly lower labor and overhead costs. These strong competitive pressures could inhibit the Company’s success in bidding for profitable business and its ability to increase prices even as costs rise, thereby reducing margins.

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