ARAMARK Named by Detroit Public Schools to Provide Plant Operations and Maintenance.Business Editors PHILADELPHIA--(BUSINESS WIRE)--Jan. 22, 2002 ARAMARK (NYSE NYSE See: New York Stock Exchange :RMK RMK Remark (Weather METAR) RMK Rocky Mountain King (Polaris Snowmobiles) RMK Remarks RMK Resource Manager Kernel ), a world leader in managed services An umbrella term for third-party monitoring and maintaining of computers, networks and software. The actual equipment may be inhouse or at the third-party's facilities, but the "managed" implies an ongoing effort; for example, making sure the equipment is running at a certain quality , announced today that it was selected to provide a range of facility services for the Detroit Public Schools Detroit Public Schools (DPS) is a school district that covers all of the city of Detroit, Michigan, United States. The student population of the Detroit Public Schools is 116,800. , a district comprising 271 schools throughout the city. The contract, expected to be worth approximately $78 million in revenues over a 10-year period, calls for ARAMARK, through its ARAMARK ServiceMaster Facility Services business, to manage facility services for the Detroit Public Schools including custodial and plant operations and maintenance. ARAMARK ServiceMaster Facility Services is the organization formed following ARAMARK's recent acquisition of ServiceMaster's Management Services business. ARAMARK already provides food service to the school district. "This is a tremendous opportunity for ARAMARK to work in partnership with one of the largest school districts in the nation," said Joseph Neubauer, Chairman 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 ARAMARK. "By expanding the services we provide, we have the opportunity to create further value and enhance the educational environment for the more than 160,000 students in the district." The Detroit Public Schools is a K-12 district with an Adult Education program. There are 271 total schools including 11 special education, 9 alternative programs and 4 career and technical centers. The district is one that is committed to keeping its community informed and involved in their activities. Many of the schools provide facilities to the community for use during non-instructional hours. As a leading provider of facility services, ARAMARK serves the healthcare, education, business and industry sectors in the U.S. and Canada and with licensees in approximately 25 other countries. The business has annual net sales Net Sales The amount a seller receives from the buyer after costs associated with the sale are deducted. Notes: This amount is calculated by subtracting the following items from gross sales: merchandise returned for credit, allowances for damaged or missing goods, freight of approximately $1 billion and provides a complete range of services including environmental, clinical equipment maintenance, facilities management The management of a user's computer installation by an outside organization. All operations including systems, programming and the datacenter can be performed by the facilities management organization on the user's premises. , facilities engineering and capital program management. About ARAMARK ARAMARK is a $9 billion world leader in providing managed services - including food, facility and other support services support services Psychology Non-health care-related ancillary services–eg, transportation, financial aid, support groups, homemaker services, respite services, and other services , uniform and career apparel, and childcare and early education. ARAMARK has leadership positions serving the business, education, healthcare, government, sports, entertainment and recreation sectors. The company, headquartered in Philadelphia, has approximately 200,000 employees serving customers in 17 countries. |
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