Central Parking Corporation Awarded Contract to Manage Parking at Wilmington International Airport.Business Editors NASHVILLE, Tenn.--(BUSINESS WIRE)--Oct. 31, 2002 Central Parking Corporation (NYSE NYSE See: New York Stock Exchange :CPC) today announced that its 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. , USA Parking System, Inc., has been selected to provide parking operations for Wilmington International Airport
Wilmington International Airport (IATA: ILM, ICAO: KILM, FAA LID: ILM in Wilmington, NC. The multi-year management agreement commences November 1, 2002 and encompasses 848 self-park spaces. William H. Bodenhamer, Jr., president and chief executive officer of USA Parking System, commented, "We are excited about the opportunity to add Wilmington International to the growing resume of USA's airport division. Approximately 260,000 passengers annually use this facility on flights to 141 cities in the United States and 28 international locations. USA Parking System now provides parking services at five airports: Piedmont Triad Airport in Greensboro, North Carolina “Greensboro” redirects here. For other uses, see Greensboro (disambiguation). Greensboro, North Carolina (IPA: [ɡɹiːnsbʌɹəʊ]) is a city in the U.S. state of North Carolina. ; Pitt-Greenville Airport in Greenville, North Carolina
Greenville, one of the fastest growing cities in North Carolina, is the county seat of Pitt County, and is the principal city of the Greenville, North Carolina Metropolitan Statistical Area. ; Wilmington International Airport in Wilmington, North Carolina For other places with the same name, see Wilmington (disambiguation). Wilmington is a city in New Hanover County, North Carolina, United States. The population was estimated at 100,000 as of 2006;[1] ; Ft. Lauderdale-Hollywood International Airport in Fort Lauderdale, Florida Fort Lauderdale, known as the "Venice of America" due to its expansive and intricate canal system, is a city in Broward County, Florida, United States. The city's population is described as metropolitan, where diverse culture is commonplace. According to 2006 U.S. ; and Gainesville Regional Airport in Gainesville, Florida." Jim Morton, finance director for Wilmington International Airport, stated, "We chose USA Parking System over other parking companies because of its proven commitment to excellence and its exceptional corporate team. USA Parking System has extensive experience in operating airport-parking services and has a clear commitment to quality. These attributes were key factors that influenced our decision." Central Parking Corporation, headquartered in Nashville, Tennessee, is a leading provider of parking and transportation services. The Company operates approximately 3,900 parking facilities containing approximately 1.6 million spaces at locations in 39 states, the District of Columbia District of Columbia, federal district (2000 pop. 572,059, a 5.7% decrease in population since the 1990 census), 69 sq mi (179 sq km), on the east bank of the Potomac River, coextensive with the city of Washington, D.C. (the capital of the United States). , Canada, Puerto Rico, the United Kingdom, the Republic of Ireland, Chile, Colombia, Germany, Mexico, Peru, Poland, Spain, Switzerland, Venezuela and Greece. Central Parking Corporation's total airport portfolio includes 26 major airports. This press release contains projections and other forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934. These projections and statements reflect the Company's current views with respect to future events and financial performance. No assurance can be given, however, that these events will occur or that these projections will be achieved and actual results could differ materially from those projected as a result of certain factors. A discussion of these factors is included in the Company's periodic reports filed with the Securities and Exchange Commission. |
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