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Ampco System Parking Contracts With Palisades Center.


Business Editors

LOS ANGELES--(BUSINESS WIRE)--Dec. 4, 2002

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 for Palisades Center The Palisades Center, often referred to as the Palisades Mall, in West Nyack, New York is one of the largest malls in the United States. Depending on how it is measured, it is considered to both the second largest shopping mall in U.S. , one of the nation's largest shopping centers serving over 21 million visitors per year. Ampco will provide valet parking and shuttle bus services for more than 8,400 stalls at New York's Palisades Center.

"We look forward to working with the management at Palisades Center to enhance the daily parking experience for its valued customers, visitors and staff," said Thomas Barnett, president of Ampco System Parking. "Operating five valet stations and three shuttle buses, our newly-structured program maximizes the utilization of the on-site parking spaces. As a result, we are able to provide visitors with improved access to Palisades Center and the convenience of hassle free parking," he added.

"We wanted to improve our service level to both customers and employees," said John Mott, general manager of Palisades Center. "With Ampco's help, we designed a free valet program for employees to improve parking turnover close to the building," he added.

Opened in 1998, Palisades Center is a four-level, 1.85-million-square-foot super-regional shopping center located in West Nyack, New York West Nyack is a hamlet (and census-designated place) in Rockland County, New York, United States. The population was 3,282 at the 2000 census.

The community of West Nyack is in south part of the Town of Clarkstown.
. With over 220 tenants, Palisades Center houses a 21 complex movie theater, indoor ice skating rink, 13 sit-down restaurants, a carnival size Ferris wheel, a 100-year-old antique carousel, and several, well-renowned anchor stores.

Ampco System Parking is an industry leader, operating over 1,700 lots and garages in 29 states, including parking facilities at or adjacent to such major international airports as Buffalo, Cincinnati, Denver, Detroit, Honolulu, Houston, Los Angeles, Orlando, Philadelphia and San Francisco.

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 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 $2.4 billion and more than 65,000 employees, ABM provides air conditioning, elevator, engineering, janitorial, lighting, parking, security and related services for thousands of commercial, industrial, institutional and retail facilities in hundreds of cities across North America. In addition to Ampco System Parking, the ABM Family of Services includes ABM Janitorial, 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
), ABM Engineering, Amtech Elevator, Amtech Lighting, CommAir Mechanical and Lakeside Building Maintenance.
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No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2002, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Dec 4, 2002
Words:366
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