Infinata Report

Template ID : 2705 Edit

Access More Information on Abm Industries, Inc. (Aka: American Building Maintenance) !

	Corporate Tracker Subscribers have complete access to all available research and information on Abm Industries, Inc. (Aka: American Building Maintenance) including detailed executive and manager listings, financial data, M&A and financing activities, personnel changes and more. Register for a free trial today and see what you've been missing.

160 Pacific Avenue

San Francisco, CA 94111

USA

Phone	415.733.4000
Fax	415.733.7333

Company Information

Company Information
Industry	Engineering Services

# of Employees	75000

Ownership	Public Company

SIC Code	8711 - Engineering services

Company Security Requirements	1. Very High

Company Storage Requirements	1. Very High

Fortune 1000 Rank	694

Description

ABM Industries Incorporated is a facilities services contractor. The Company provides janitorial, parking, engineering, security, lighting and mechanical services for thousands of commercial, industrial, institutional and retail facilities in hundreds of cities across the United States and British Columbia. The ABM Family of Services includes ABM Janitorial, Ampco System Parking, ABM Engineering, American Commercial Security (ACSS), Security Services of America (SSA), Amtech Lighting, CommAir Mechanical and ABM Facility Services.

Top Executives

Executive Name	Title
Barnett, Tom	Divisional President Of Ampco System Parking
De Martini, Maria	Vice President, Controller, Chief Accounting Officer
Farwell, David	Executive Vice President
Kindorf, Rich	Divisional President Of Ampco System Parking
Klauber, Arnold	Divisional Executive Vice President
Latham, Mike	President
Lusk, James	Executive Vice President
Mcclure, James	Executive Vice President & President Of Abm Janitorial Services
Muglich, Mark	Divisional Executive Vice President
Petty, Terry	Executive Vice President & Chief Operating Officer
Scranton, Jim	Engineering President
Slipsager, Henrik	President, Chief Executive Officer, Director
Smith, Larry	President Of American Commercial Security Services (Acss) And Security Ser
Sneekes, Cornel	Executive Vice President Of Abm Engineering Services
Sundby, George	Chief Financial Officer, Executive Vice President
Wallace, Gary	SVP, Director Of Business Development, Chief Marketing Officer
Zaccagnini, Steven	Executive Vice President, President Of Abm Facility Services

View All Abm Industries, Inc. (Aka: American Building Maintenance) Management and Contacts Available thru Corporate Tracker

Corporate Tracker doesn't just provide C-level executives, but goes deep within the organizational structure of the companies, governments and academic institutions that we track. This ensures that you are able to identify the decision makers and influencers that allow you to grow your business.

Register for a free trial today and view all executives and managers.

Recent Company Events

Date	Type of Event	Details
2008-03-04	Earnings/Dividends	SAN FRANCISCO--(BUSINESS WIRE)--The Board of Directors of ABM Industries Incorporated (NYSE:ABM) has declared an all-time-high second quarter cash dividend of $0.125 per common share payable on May 5, 2008 to stockholders of record on April 10, 2008. This will be ABMs 168th consecutive quarterly cash dividend, and is $0.005 (4.2%) above the $0.12 per share quarterly dividend rate declared and paid for the second quarter of 2007. About ABM Industries ABM Industries Incorporated (NYSE:ABM) is among the largest facility services contractors listed on the New York Stock Exchange. With fiscal 2007 revenues in excess of $2.8 billion and more than 105,000 employees, ABM provides janitorial, parking, security, engineering and lighting services for thousands of commercial, industrial, institutional and retail facilities across the United States as well as Puerto Rico and British Columbia, Canada. The ABM Family of Services includes ABM Janitorial Services; Ampco System Parking; ABM Security Services; ABM Facility Services; ABM Engineering; and Amtech Lighting Services.
2008-03-04	Earnings/Dividends	NEW YORK--(BUSINESS WIRE)--ABM Industries Incorporated (NYSE:ABM), a leading facility services contractor, today reported sales and other income for the first quarter of fiscal 2008 of $922.6 million, up 31.1% from $703.5 million in the first quarter of fiscal 2007. Net income for the first quarter of fiscal 2008 was $6.4 million ($0.13 per diluted share), compared to $8.7 million ($0.18 per diluted share) for the prior year first quarter. Our record first quarter revenue and solid earnings per share of $0.13, which exceeded guidance, reflects the initial operational improvements and synergies we are achieving with our recent acquisitions combined with the strength of our existing business, stated Henrik Slipsager, ABMs president and chief executive officer. The Companys non-GAAP earnings from operations increased 93.5% to $18.0 million in the first quarter of fiscal 2008 from $9.3 million in the first quarter of fiscal 2007. The non-GAAP earnings from operations excludes several items affecting comparability, including a benefit from the reduction of the Company's self-insurance reserves that increased net income in the first quarter of fiscal 2007 and expenses associated with achieving synergies at OneSource and corporate initiatives that reduced net income in the first quarter of fiscal 2008 (see Reconciliation of ABM Industries Non-GAAP Earnings from Operations to Consolidated Operating Income in the accompanying financial tables). Mr. Slipsager concluded, We are very pleased with our performance, which is primarily due to the revenues contributed by the recent OneSource acquisition, new business in Janitorial, Parking and Engineering segments and cost saving synergies. The pace of our business remains strong despite the current economic climate. We are on track with the integration of OneSource and our most recent acquisition, Southern Management, and the development of our new strategic core platform. OneSource has surprised us to the upside with a annual revenue run rate $25 million to $50 million higher than anticipated. Guidance Based on continued organic growth, the benefit of recent acquisitions and lower costs associated with the Companys infrastructure initiatives, the Company is increasing its fiscal 2008 guidance. The Company now expects fiscal 2008 non-GAAP diluted earnings per share to be in the range of $1.20 to $1.35. This excludes expenses of approximately $16.0 million ($0.20 per diluted share) associated with achieving infrastructure initiatives. In addition, fiscal 2008 has one additional work day, which is expected to increase labor expenses in the second quarter by approximately $4.0 million ($0.05 per diluted share) due to janitorial fixed price contracts. Including the approximately $16.0 million of expenses for infrastructure initiatives, the Company now expects fiscal 2008 GAAP diluted earnings per share to be in the range of $1.00 to $1.15. A reconciliation of non-GAAP guidance and non-GAAP earnings from operations for the quarter ended January 31, 2008 and applicable prior periods is included in the tables below titled: "Reconciliation of ABM Industries Non-GAAP Earnings from Operations to Consolidated Operating Income. Conference Call On Tuesday, March 4, 2008 at 6:00 a.m. (PT), ABM will host a live webcast of remarks by President and Chief Executive Officer Henrik Slipsager, and Executive Vice President and Chief Financial Officer Jim Lusk. The webcast will be accessible at: http://investor.shareholder.com/media/eventdetail.cfm?eventid=51393&Co mpanyID=ABM&e=1&mediaKey=C3DA5A2F31A40959E5A7664D2A8BEF5D (Due to its length, this URL may need to be copied/pasted into your Internet browser's address field. Remove the extra space if one exists.) Listeners are asked to be online at least 15 minutes early to register, as well as to download and install any complimentary audio software that might be required. Following the call, the webcast will be ava
2008-01-30	Contract/Agreements	LOS ANGELES--(BUSINESS WIRE)--Ampco System Parking, a wholly owned subsidiary of ABM Industries Incorporated (NYSE:ABM), has been awarded a multiyear, multimillion-dollar contract with Tampa International Airport. The contract covers all parking and shuttle operations for the airports parking facilities, which includes 20,000 spaces with an additional 5,000 being constructed. We are pleased to have the opportunity to work with Tampa International Airport, an award-winning and busy, world-class travel hub, said Rich Kindorf, president of Ampco System Parking. In addition to our commitment to providing the highest standards for customer and client service, we have the technological support to be the most progressive and innovative parking service provider in the country, he added. We have a good working relationship with Ampco at Tampa International Airport, expressed Louis E. Miller, executive director. The Airports public parking operations are a huge responsibility, which requires tremendous parking knowledge and customer service. We are confident we have a great partner with Ampco. Tampa International Airport is an award-winning, publicly owned airport located six miles west of the central business district of Tampa, in Hillsborough County, Florida. Offering world-class air transportation services and facilities, the airport is known as one of the most efficient, safe, secure, convenient and cost competitive air transportation centers in the world. In 2007, Tampa International Airport was voted Best Overall U.S. Airport in the Zagat Global Airline/Airport Travel Survey. Nearly 7,500 frequent fliers responded to Zagats Survey rating 84 airlines and 46 major airports. In 2005, Tampa International received the Global Airport Efficiency Award by the Air Transport Research Society. Serving the Tampa Bay area, the birthplace of commercial airline service, the airport currently caters to more than 20 million passengers with an expected increase to 50 million passengers by the year 2025. Ampco System Parking is an industry leader, operating more than 1,800 lots and garages in 30 states, including parking facilities at or adjacent to such major international airports as Austin, Dallas/Fort Worth, Denver, Honolulu, Minneapolis, Omaha, Orlando, Philadelphia, San Jose and Seattle. ABM Industries Incorporated (NYSE:ABM) is among the largest facility services contractors listed on the New York Stock Exchange. With fiscal 2007 revenues in excess of $2.8 billion and more than 105,000 employees, ABM provides janitorial, parking, security, engineering and lighting services for thousands of commercial, industrial, institutional and retail facilities across the United States as well as Puerto Rico and British Columbia, Canada. The ABM Family of Services includes ABM Janitorial Services; Ampco System Parking; ABM Security Services; ABM Facility Services; ABM Engineering; and Amtech Lighting Services.
2008-01-10	Merger/Acquisition	ABM Industries Incorporated (NYSE:ABM), a leading facility services contractor in the United States, today announced that it has acquired the remaining 50% equity stake in Southern Management Company, a facility services company based in Chattanooga, Tennessee, for approximately $24 million in cash. ABM acquired a 50% stake in Southern Management through the acquisition of OneSource Services Inc. in November 2007. With annual revenues in excess of $68 million, Southern Management is a provider of cleaning and value added building maintenance and support services to commercial institutional, industrial, facilities and schools throughout the Southern United States. We have been very pleased with the performance of Southern Management since the acquisition, as it has extended ABMs penetration into the facility services market in key regions within the southern United States, said Jim McClure, president of ABM Janitorial Services. Additionally, the acquisition provides an opportunity to leverage ABMs extensive network of contacts and capabilities and Southern Managements quality driven facility service solutions to better serve current and future customers.

For assistance call Corporate Tracker Support at 1.866.501.6948

--------------------------------------------------------------------- --------------------------------------------------------------------- --------------------------------------------------------------------- ---------------------------------------------------------------------