ABM Industries Incorporated
), a leading provider of facility solutions, recently announced
that Wright State University has selected its ABM Building
Solutions service line to execute a campus-wide energy
conservation project and lower the university's energy
consumption by nearly 40%. With this project, ABM will help the
universities to save $35.8 million over the next 15 years.
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This project includes enhancement of Wright State University's
heating and cooling equipments and utilizing its pond for
geothermal cooling. This project will be beneficial for Wright
State University as it will incorporate innovative and
established energy saving technologies that will revolutionize
the campus operations and at the same time, help it generate
savings that might be utilized for other projects.
ABM aims to provide its clients with cost-effective and
eco-friendly long-term solutions to cater their facility service
needs. ABM has a long-standing relationship with Wright State
University. Earlier, in 2009, the company completed its first
energy conservation project and provided the university with more
than $1.3 million in annual energy savings.
Headquartered in San Francisco, Calif, ABM provides engineering,
janitorial, parking, and security services to commercial,
industrial, institutional, and retail facilities across the U.S.
as well as Puerto Rico, British Columbia, and Canada. The company
has approximately 100,000 employees in over 350 offices with
revenues exceeding $ 4 billion.
The company operates in an intensely competitive landscape that
includes big players such as
Global Payments Inc
). ABM currently has a Zacks Rank #3 (Hold). One of its
Total System Services Inc
) carries a Zacks Rank #2 (Buy).