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Ampco System Parking Awarded Contract for CityPlace in Florida.


Business Editors

LOS ANGELES--(BUSINESS WIRE)--Feb. 2, 2001

Ampco System Parking, a wholly-owned subsidiary of ABM Industries ABM Industries Incorporated NYSE: ABM is an American corporation involved in outsourced, building maintenance. Divisions include ABM Janitorial, Ampco System Parking, ABM Engineering, American Commercial Security (ACSS), Security Services of America (SSA), Amtech Lighting, and  Incorporated (NYSE NYSE

See: New York Stock Exchange
:ABM ABM: see guided missile.

ABM - Asynchronous Balanced Mode
), has been awarded a multi-year, multi-million dollar contract to provide parking services for CityPlace, one of the country's newest and most exciting downtown destinations, located in West Palm Beach, Florida West Palm Beach, also known as West Palm, is the most populous city in Palm Beach County, Florida, USA. The city is also the oldest incorporated municipality in South Florida. According to the University of Florida's 2006 estimates, the city had a population of 107,617. . The scope of Ampco's operation covers 4,000 parking spaces and five valet stations.

"CityPlace has quickly become one of the most popular developments in South Florida, and we are proud of our new relationship," said Thomas D. Barnett, president of Ampco System Parking. "Our local team of professionals welcomes the opportunity to enhance the parking experience for visitors and tenants alike, with increased efficiency and convenience," he added.

"The large volume of people expected to visit CityPlace demanded that a large, experienced firm be retained to assist with parking operations," said Bruce Macleod, executive vice 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 The Palladium Company. "Ampco's professional staff responded quickly to the grand opening crowds that exceeded our high expectations and have continued to grow," he added.

CityPlace is one of the largest mixed-use urban developments in the country, comprised of 600,000 square feet of retail space, including 10 restaurants, a 20-screen theater, open-air plaza, cultural arts theater and 570 private residences. Future planned additions to the project include Class-A office space, as well as a hotel and convention center.

Ampco System Parking is an industry leader, operating over 1,750 parking lots and garages in 25 states, including parking facilities at or adjacent to such major international airports as Cincinnati, Denver, Detroit, Honolulu, Houston, Los Angeles, Philadelphia and San Francisco.

ABM Industries Incorporated is the largest facility services provider 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 annualized annualized

Of or relating to a variable that has been mathematically converted to a yearly rate. Inflation and interest rates are generally annualized since it is on this basis that these two variables are ordinarily stated and compared.
 revenues in excess of $1.8 billion and more than 60,000 employees, ABM provides air conditioning, elevator, engineering, janitorial, lighting, parking and security services for thousands of commercial, industrial and institutional facilities in hundreds of cities across North America. In addition to Ampco System Parking, the ABM Family of Services includes American Building Maintenance, 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, ABM Janitorial, CommAir Mechanical and Easterday Janitorial Supply.
COPYRIGHT 2001 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Feb 2, 2001
Words:364
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