ABM Industries

ABM Industries Incorporated provides integrated facility solutions in the United States and internationally. The company operates through Business & Industry, Technology & Manufacturing, Education, Aviation, and Technical Solutions segments. It provides janitorial, facilities engineering, parking, custodial, landscaping and ground, and mechanical and electrical services, and vehicle maintenance and other services to rental car providers. The company was incorporated in 1985 and is based in New York, New York.

ABM Industries, originally known as American Building Maintenance, has a rich history that spans over a century. Founded in 1909 by Morris Rosenberg in San Francisco, California, the company initially focused on cleaning shopkeepers' windows. In 1913, it adopted the name American Building Maintenance and steadily expanded its operations.

During the 1920s and 1930s, ABM experienced significant growth on the West Coast by offering annual cleaning contracts to businesses. In 1921, ABM made history by becoming the first janitorial contractor in the United States to clean a major college campus, securing a contract with Stanford University. The company continued to expand its services and reach.

In 1935, Morris Rosenberg passed away, and his oldest son, Theodore "Ted" Rosenberg, assumed the role of president. Under Ted's leadership, ABM continued to flourish. In 1937, his younger son, Sydney, joined the company, further contributing to its success. ABM expanded its services beyond cleaning, acquiring an electrical company and taking on projects such as cleaning Navy ships and installing wiring on Water Buffalo amphibious vehicles during World War II.

By the end of World War II, ABM had established 17 offices across the United States and Canada. The post-war era marked continued growth for the company. In 1962, ABM went public and started trading on the over-the-counter market. Ted Rosenberg served as chairman, while Sydney took on the role of CEO. In 1965, ABM transitioned to being listed on the NYSE American, a major stock exchange.

Throughout the late 1960s, ABM made strategic acquisitions that significantly expanded its services. It acquired companies that later became known as Ampco System Parking, CommAir Mechanical, Amtech Elevator Services, and Amtech Lighting Services. In 1971, ABM made its debut on the New York Stock Exchange under the ticker symbol ABM.

In the 1990s, ABM established ABM Engineering and obtained ISO 9002 certification in 1999. By the end of that year, ABM boasted a workforce of over 55,000 employees and reported annual sales revenue exceeding $1.6 billion.

The early 2000s marked a new chapter for ABM Industries. Henrik Slipsager assumed the role of president and CEO in November 2000. The company underwent divestitures, selling Amtech Elevator in 2003 and CommAir Mechanical in 2005. However, ABM also made several acquisitions during this period, including Lakeside Building Maintenance, Security Services of America, and several janitorial companies.

ABM faced a significant tragedy during the September 11 attacks in 2001 when 17 of its employees lost their lives at the World Trade Center. A window washer managed to save lives by using his squeegee to open an elevator door. The company demonstrated resilience and continued its growth trajectory.

In subsequent years, ABM acquired several companies, expanding its reach and service offerings. It acquired HealthCare Parking Systems of America, OneSource Services Inc., The Linc Group, and various parking assets from different companies. The acquisitions extended ABM's capabilities in healthcare services, parking solutions, and facility management.

Under the leadership of Scott Salmirs, who became the CEO in 2015, ABM implemented a comprehensive transformation initiative called 2020 Vision. This strategy aimed to drive long-term profitable growth through an industry-based go-to-market approach. ABM realigned its business into industry groups and centralized key functional support areas.

As part of the 2020 Vision strategy, ABM divested non-strategic assets, including its security business and government services business. The company also expanded its operations through acquisitions, such as the purchase of Westway Services Holdings and GCA Services Group, the largest acquisition in ABM's history at that time.

In October 2021, ABM Industries finalized the acquisition of Able Services, a San Francisco-based facility services company. This acquisition further solidified ABM's position in the industry.

Throughout its history, ABM Industries has consistently adapted to changing market conditions, expanded its service portfolio, and pursued strategic acquisitions. The company's commitment to providing comprehensive facility services has enabled it to become a prominent player in the industry.

ABM Industries' mission is to be the leading provider of facility solutions, delivering exceptional service and creating safe, healthy, and sustainable environments for its clients. The company is dedicated to helping its clients optimize their operations, improve efficiency, and enhance the overall experience for their employees, customers, and visitors.

ABM is committed to providing innovative and customized facility solutions tailored to meet the unique needs of each client. By understanding their clients' goals and challenges, ABM strives to develop strategic partnerships that drive long-term value and success. The company's mission is centered on delivering superior customer service, exceeding expectations, and building strong, enduring relationships.

ABM Industries' vision is to be the industry leader in delivering innovative facility solutions that transform the way buildings and spaces are managed. The company aims to leverage technology, data-driven insights, and sustainable practices to create safe, efficient, and sustainable environments for its clients. ABM envisions a future where its cutting-edge solutions optimize operations, enhance productivity, and improve the overall facility managemen experience, setting new standards of excellence in the industry.

ABM Industries offers a comprehensive range of products and services aimed at providing complete facility solutions to its clients. With its extensive expertise and industry knowledge, ABM delivers integrated services that optimize the operations, enhance efficiency, and create safe, healthy, and sustainable environments.

ABM's product and service offerings can be categorized into the following areas:

Janitorial Services: ABM provides professional janitorial services that encompass daily cleaning, floor care, restroom maintenance, waste management, and recycling programs. The company's trained personnel ensure that facilities are clean, well-maintained, and presentable, creating a positive environment for occupants.

Facility Management: ABM offers comprehensive facility management solutions that cover various aspects of building operations. This includes preventive and corrective maintenance, HVAC system management, energy management, lighting services, and building automation systems. ABM's facility management services help optimize building performance, reduce costs, and enhance operational efficiency.

Parking Solutions: ABM specializes in providing parking management services for commercial, residential, and public parking facilities. These services encompass parking facility design, maintenance, revenue management, access control, and customer service. ABM's parking solutions aim to improve parking efficiency, maximize revenue, and enhance the overall parking experience for customers.

Security Services: ABM offers comprehensive security services designed to protect people, assets, and properties. These services include manned security personnel, access control systems, video surveillance, alarm monitoring, and emergency response planning. ABM's security solutions ensure a safe and secure environment for clients and their stakeholders.

Energy Solutions: ABM provides energy management and sustainability services to help clients optimize energy usage, reduce costs, and enhance environmental performance. This includes energy audits, efficiency upgrades, renewable energy solutions, and sustainability consulting. ABM's energy solutions enable clients to achieve their sustainability goals and contribute to a greener future.