Amtech Elevator to Star At Paramount Studios.Business Editors LOS ANGELES--(BUSINESS WIRE)--March 16, 2000 Amtech Elevator Services, a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. 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 contract to provide elevator maintenance services for the legendary Paramount Studios, the only major motion picture production facility actually located in Hollywood. Amtech will provide a comprehensive elevator maintenance program for the landmark studio founded in 1913, which today employs over 5,000 people. "Working with Paramount Studios is an exciting opportunity for us," said Eric Lazear, president of Amtech Elevator Services. "We are thrilled to be playing a supporting role in this exciting, dynamic and fast-paced industry," he added. Amtech Elevator now joins ABM's Ampco System Parking and American Building Maintenance Company, which have performed at Paramount for many years. Paramount is the longest continuously operating movie studio in Southern California, and was home to such early superstars as Mae West, W.C. Fields, Mary Pickford, Gary Cooper and Marlene Dietrich. Among scores of recent blockbuster hits, Paramount Pictures produced "Forrest Gump," "Braveheart," "Sleepy Hollow," "Titanic," and "The Talented Mr. Ripley." Amtech Elevator Services is the largest independent elevator service company in the United States. Amtech Elevator operates regional offices and warehouses across the country from headquarters in Los Angeles, and serves major metropolitan areas such as Atlanta, Chicago, Cincinnati, Denver, Detroit, Houston, Las Vegas, Philadelphia, Phoenix, San Diego, San Francisco and Washington, DC. ABM Industries Incorporated is the largest exclusive provider of outsourced facility services 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 $1.6 billion and more than 57,000 employees, ABM performs air conditioning, elevator, engineering, janitorial, lighting, mechanical, parking and security services for thousands of commercial, industrial and institutional customers in hundreds of cities across North America. In addition to Amtech Elevator, American Building Maintenance and Ampco System Parking, the ABM Family of Services also includes American Commercial Security (ACS (Asynchronous Communications Server) See network access server. ), Amtech Lighting, ABM Engineering, ABM Janitorial, CommAir Mechanical, Easterday Janitorial Supply and ABM Facility Services. |
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