Allied-SpectaGuard Awarded $21 Million Contract by General Growth Properties.Business Editors KING OF PRUSSIA King of Prussia, industrialized suburban area (1990 pop. 18,406), Montgomery co., SE Pa. It has glass and steel fabricating, food processing, printing and publishing, and varied manufacturing (textiles, liquified petroleum gas, water-treatment and electrical , Pa.--(BUSINESS WIRE)--Aug. 3, 2000 Allied-SpectaGuard, the largest privately held contract security services Security services are state institutions for the provision of intelligence, primarily of a strategic nature, but also including protective security intelligence. Examples include the Security Service (MI5) and the Secret Intelligence Service (MI6) in the United Kingdom, and the company in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. and the fourth-largest overall, has been awarded a $21 million contract by General Growth Properties General Growth Properties (NYSE: GGP) is a publicly traded real estate investment trust in the United States. It is based in Chicago, Illinois. History The company was founded by two brothers, Martin and Matthew Bucksbaum, in 1954. , the nation's second-largest owner, developer and manager of shopping centers shopping center, a concentration of retail, service, and entertainment enterprises designed to serve the surrounding region. The modern shopping center differs from its antecedents—bazaars and marketplaces—in that the shops are usually amalgamated into . Allied-SpectaGuard will provide security services at 47 General Growth shopping malls across the country. Prior to this award, Allied-SpectaGuard had established a seven-year relationship with General Growth Properties. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. David Levenberg, Director of Corporate Security for General Growth Properties, Allied-SpectaGuard's "commitment to quality performance and service excellence was paramount in the selection of this award." "Allied-SpectaGuard has had an outstanding track record with our company over the years," continued Levenberg. "Allied-SpectaGuard submitted an exceptionally innovative proposal which focused on the delivery of their services. Their national presence, coupled with their commitment to manage our malls through a network of local offices, distinguished them from their competition. We are very enthusiastic about growing our relationship with Allied-SpectaGuard." Allied-SpectaGuard is the newly formed company created by the merger of Allied Security and SpectaGuard that occurred in March 2000. The addition of these General Growth malls increases Allied-SpectaGuard's total mall security services portfolio to over 100 shopping malls nationally, with sales approaching $40 million. "This is exactly the kind of opportunity we envisioned when the merger of Allied and SpectaGuard was just an idea," said William C. Whitmore, President and Chief Operating Officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. of Allied-SpectaGuard. "We knew Allied and SpectaGuard were a great fit, capable of attracting great opportunities like this one with General Growth. Allied-SpectaGuard's combined resources, leadership, market specialization and service delivery systems are unrivaled in our industry. We are very proud to be awarded this contract, and we are looking forward to expanding our relationship with General Growth." To best serve General Growth, Whitmore said, Allied-SpectaGuard has created a dedicated executive team to manage these accounts. This team will be lead by Robert C. Wood, CPP cpp - C preprocessor. , CFE CFE Conventional Forces in Europe (treaty) CFE Cash Flow to Equity (finance/accounting) CFE Comisión Federal de Electricidad (México) CFE Certified Fraud Examiner , Regional Vice President, an 18-year veteran with Allied-SpectaGuard. Allied-SpectaGuard is the largest privately held contract security services company in the U.S. and the fourth largest overall. The company has more than 60 offices serving 2,000 plus accounts in over 250 cities, with annual revenues of over $400 million and more than 16,000 employees. The company provides Integrated Asset Protection to regional shopping malls, high-rise office buildings, hospitals, universities, corporate complexes, banks and other commercial facilities. |
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