ABM Industries Announces the Acquisition of Assets of Commercial Landscaping Services.SAN FRANCISCO--(BUSINESS WIRE)--May 11, 1999-- William W. Steele, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of ABM Industries Incorporated (NYSE NYSE See: New York Stock Exchange :ABM), has announced the assets of Commercial Landscaping Services have been acquired by a wholly-owned subsidiary of ABM Industries. Commercial Landscaping Services, a professional, commercial landscaping company with operations in the Carolinas and Tennessee provides landscaping maintenance, irrigation irrigation, in agriculture, artificial watering of the land. Although used chiefly in regions with annual rainfall of less than 20 in. (51 cm), it is also used in wetter areas to grow certain crops, e.g., rice. and installation services to a broad base of customers. "Today we have finally made our entry into the landscaping maintenance market. We are delighted to have acquired a very successful company, and with the commitment of future employment for the management of Commercial Landscaping Systems, we are confident that this acquisition will be the beginning of ABM's penetration of the landscaping market," stated Mr. Steele. According to Henrik Slipsager, senior vice president of ABM, Brad Vice and his partner, Jeff Hammond, will continue to manage and operate the business, which shall remain headquartered in Charlotte, North Carolina “Charlotte” redirects here. For other uses, see Charlotte (disambiguation). Charlotte is the largest city in the state of North Carolina and the 20th largest city in the United States. . ABM Industries Incorporated is the largest facility services contractor listed on the New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. . With annual sales in excess of $1.5 billion and more than 55,000 employees, ABM provides air conditioning, elevator, engineering, janitorial, lighting, parking and security and other outsourced facility services to thousands of commercial, industrial and institutional customers in hundreds of cities across North America. The ABM Family of Services includes American Building Maintenance, Ampco System Parking, American Commercial Security (ACSS ACSS Africa Center for Strategic Studies ACSS Aluminum Conductor Steel Supported (cable) ACSS African Crop Science Society ACSS Association of Computer Support Specialists ACSS Aviation Communication and Surveillance Systems ), Amtech Elevator, Amtech Lighting, ABM Engineering, CommAir Mechanical, Easterday Janitorial Supply and ABM Facility Services. |
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