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WIKI ANALYSIS
Founded in 1909 and headquartered in San Francisco, California, ABM Industries Incorporated (ABM) provides engineering, janitorial, lighting, parking, and security services to thousands of commercial, industrial, institutional, and retail facilities across the United States as well as Puerto Rico and British Columbia, Canada. The company has a broad and diverse customer base, with no one customer accounting for more than 5% of the company's revenue. The company employs over 105,000 people. Following the sale of all of the operating assets of the company's wholly-owned subsidiary, CommAir Mechanical Services (Mechanical), in the third quarter of FY05, the segment was classified as a discontinued operation. Additionally, the facility services were included in the Engineering segment. As a result, the company now conducts business through the following five segments:
ABM Janitorial (57% of fiscal 2007 revenue) provides a wide range of basic janitorial services for a variety of facilities.
Ampco System Parking (17%) provides parking services. Earlier, the company operated approximately 1,600 parking lots and garages in 29 states. With the acquisition of HealthCare Parking Systems of America, Inc. in second quarter 2007, the company offers parking services in 39 states at approximately 1,800 parking lots and garages under both on-airport and off-airport parking facilities.
American Commercial Security (ACSS) and Security Services of America (SSA) (11%) offer security services providing security guards, electronic monitoring for detection of fires, life safety systems and access control devices, and security consulting services to a wide range of businesses.
ABM Engineering (11%) provides engineering services designed to maintain equipment at optimal efficiency for customers, such as high-rise office buildings, schools, computer centers, shopping malls, manufacturing facilities, museums, and universities.
Amtech Lighting (4%) provides lighting services, such as relamping, fixture cleaning, and periodic lighting maintenance services to a variety of commercial, industrial, and retail facilities.
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