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ABM Industries
ABM Industries

Services & consulting / Facility services

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Company at a Glance

Overview
ABM Industries provides facility services to property owners and managers in various industries, including commercial, industrial, educational, and government buildings. The company offers services such as janitorial, electrical, landscaping, and HVAC maintenance, as well as parking and security management. ABM Industries operates in over 350 locations across the United States and internationally. The company was founded in 1909 and is headquartered in New York City. ABM Industries is a publicly traded company on the New York Stock Exchange under the ticker symbol ABM. The company prides itself on sustainability and has received recognition for its commitment to environmental responsibility. ABM Industries is also committed to diversity and has implemented a number of initiatives to promote inclusion and equality within the company.
What is special about the company?
1. Diverse range of services: ABM Industries provides a wide range of services such as facility management, building maintenance, energy solutions, and janitorial services, making it a one-stop solution for all the facility needs of its clients.
2. Industry leader: With over 100 years of experience, ABM Industries is a well-established company and a leader in the facility services industry. It has a strong reputation for delivering high-quality services and innovative solutions.
3. Focused on sustainability: ABM Industries is committed to environmental sustainability and has implemented several eco-friendly practices in its operations. It offers energy-efficient solutions that help its clients reduce their carbon footprint and save on energy costs.
4. Innovative technology: The company uses cutting-edge technology, such as data analytics and artificial intelligence, to enhance its services and improve the efficiency of its operations. This allows ABM to stay ahead of the competition and provide exceptional services to its clients.
5. Diverse client base: ABM Industries serves a diverse range of clients, including commercial, industrial, government, and educational institutions. This allows the company to have a stable and resilient business model, even during economic downturns.
6. Strong work culture: The company promotes a positive and inclusive work culture, which is reflected in its high employee satisfaction and retention rates. This, in turn, translates into better service delivery for its clients.
7. Commitment to safety: ABM Industries has a strong focus on safety in all its operations. The company has a comprehensive safety program to ensure the well-being of its employees and clients.
8. Social responsibility: ABM Industries is dedicated to giving back to the community and supporting various social causes. It has a dedicated team and programs in place to support charitable organizations and community initiatives.
9. Global presence: The company has a global presence with operations in over 20 countries, making it a trusted and reliable partner for international clients.
10. Strong financial performance: ABM Industries has a track record of strong financial performance, demonstrating its stability and strength in the market. This allows the company to continuously invest in its services and stay at the forefront of the industry.
What the company's business model?
ABM Industries is a facility management company that offers a range of services including janitorial, parking, security, engineering, and lighting services to commercial, industrial, and institutional clients. The company operates on a business-to-business (B2B) model, serving clients across various industries such as healthcare, education, aviation, government, and manufacturing. ABM Industries offers a variety of services through its four business segments: Business & Industry, Aviation, Technology & Manufacturing, and Technical Solutions. The company primarily generates revenue through long-term contracts with its clients, and also offers additional services on a project basis. ABM Industries focuses on providing sustainable and innovative solutions to its clients while ensuring operational efficiency and cost savings. Its business model is based on the principle of delivering a comprehensive set of services to meet the diverse needs of its clients, while maintaining high-quality standards and a strong customer service focus.
Interesting facts about the company
1. The company was founded in 1909 as American Building Maintenance by Morris Rosenberg. It originally provided janitorial services to businesses in San Francisco.
2. ABM Industries is headquartered in New York City and is listed on the New York Stock Exchange under the ticker symbol ABM.
3. The company has over 140,000 employees and operates in more than 350 offices throughout the United States and various international locations.
4. ABM Industries offers a wide range of facility services, including janitorial, electrical, HVAC, parking, security, and energy solutions.
5. In 2010, ABM acquired OneSource Facility Services, Inc. for $365 million, expanding its presence in the healthcare, education, and commercial industries.
6. The company has been recognized for its commitment to diversity and inclusion, receiving the 2020 Supplier Diversity Award from the Women’s Business Enterprise National Council (WBENC).
7. ABM Industries has a strong focus on sustainability and has implemented various energy-efficient and environmentally friendly practices across its operations.
8. The company has a strong philanthropic presence, supporting various organizations and initiatives focused on education, health and wellness, and community development.
9. ABM Industries has been recognized as one of Forbes’ Best Employers for Diversity in 2020, 2019, and 2018.
10. In 2021, the company announced a partnership with chemical company Solugen Inc. to provide green cleaning solutions to its clients, reducing their environmental impact.
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