Amtech Elevator Awarded Contract with Arden Realty.Business Editors LOS ANGELES--(BUSINESS WIRE)--June 3, 2003 Amtech Elevator Services, 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 an elevator modernization contract with Arden Realty for their 243,404-square-foot property at 9911 West Pico Boulevard Pico Boulevard is a major Los Angeles street that runs from Ocean Avenue in Santa Monica to Central Avenue in Downtown Los Angeles. It is named after Pío Pico, the last Mexican governor of California. in Los Angeles. The contract extends Amtech's existing preventative maintenance agreement with Arden for another five years. In addition, Amtech currently has a multi-year contract to provide full service elevator and escalator maintenance for all Arden Realty properties. "We welcome the opportunity to continue serving one of the country's premier regional real estate investment trusts," said Eric Lazear, president of Amtech Elevator Services. "Our staff and management look forward to providing state-of-the-art modernization at Arden Realty's 16-story office building, while ensuring the highest standards of quality maintenance," he added. "We are very pleased with the full service agreement we reached with Amtech," stated Greg Husebye, Arden's Vice-President, Engineering. "Amtech is focused on service and has also responded with aggressive, competitive pricing for both maintenance and modernization. They are a serious player in elevator maintenance," he added. Arden Realty, Inc. is a self-administered and self-managed real estate investment trust traded 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. (ARI ARI Acute respiratory infection, see there ). Based in West Los Angeles
Amtech Elevator Services is the largest independent elevator service company in the United States. Amtech operates regional offices and warehouses across the country from headquarters in Los Angeles, and serves such major metropolitan areas as Atlanta, Chicago, Denver, Detroit, Houston, Las Vegas, Philadelphia, Phoenix, Pittsburgh, San Diego, San Francisco and Washington, DC. ABM Industries Incorporated is the largest facility services contractor listed on the New York Stock Exchange. 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 $2.1 billion and more than 62,000 employees, ABM provides janitorial, parking, engineering, security, lighting, elevator, mechanical and network services for thousands of commercial, industrial, institutional and retail facilities in hundreds of cities across North America. In addition to Amtech Elevator, the ABM Family of Services includes ABM Janitorial, Ampco System Parking, ABM Engineering, 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 Lighting, CommAir Mechanical and ABM Service Network. |
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