Amtech Elevator Awarded Modernization Contract for the Cadillac Place Building in Detroit.Business Editors LOS ANGELES--(BUSINESS WIRE)--May 31, 2001 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 signed a multi-year, multi-million dollar elevator modernization contract with New Center Development for the Cadillac Place
Cadillac Place is an ornate high-rise office building in the New Center area of Detroit, Michigan constructed of limestone and marble. Building, formerly known as the General Motors Building, in Detroit. The contract covers repair services, preventative maintenance and elevator modernization for 26 elevators and two escalators in the Cadillac Place Building, managed by TrizecHahn Office Properties, Inc. "We are pleased to be working with TrizecHahn at one of Detroit's most historic buildings," said Eric Lazear, president of Amtech Elevator Services. "This award increases our strong presence in the region, and we look forward to working with TrizecHahn to ensure that the vertical transportation system at the Cadillac Place Building runs smoothly and efficiently," he added. TrizecHahn Corporation (NYSE:TZH), one of the largest public real estate companies in North America, has ownership interests in and manages a high-quality portfolio of 77 U.S. office buildings totaling 50 million square feet concentrated in the central business districts of seven major cities. It also has interests in retail/entertainment properties in the United States and Europe, a global technology center business, and several properties in Canada. 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, Cincinnati, Denver, Detroit, Houston, Las Vegas, Philadelphia, Phoenix, San Diego, San Francisco and Washington, DC. 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 $1.8 billion and more than 57,000 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 Amtech Elevator, the ABM Family of Services includes American Building Maintenance, Ampco System Parking, 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, ABM Engineering, ABM Janitorial and CommAir Mechanical. |
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