ABM ABM Industries Incorporated

ABM Partners with Ohio-based Automotive Dealership to Increase EV Charging Infrastructure to Serve a New Generation of Models

ABM Partners with Ohio-based Automotive Dealership to Increase EV Charging Infrastructure to Serve a New Generation of Models

Facility services and solutions provider ABM is electrifying auto dealerships nationwide with DC Fast and Level 2 Chargers, meeting the increased demand and production of electric vehicles

MANSFIELD, Ohio, June 01, 2023 (GLOBE NEWSWIRE) -- (NYSE: ABM), one of the nation’s largest providers of facility services, infrastructure solutions, and parking management, has partnered with automotive dealership in Mansfield, Ohio to accelerate the region’s adoption of electric vehicles (“EV”) with the installation of fast and effective EV charging stations at its facility. The EV infrastructure enhancements will exceed industry standards, and future proof the dealership by providing Graham Ford with six Level 2 chargers, and three DC (direct current) fast chargers to service its needs for both service customers and sales deliveries. The Graham Ford partnership reflects ABM’s sizable role as a strategic partner to the nation’s largest automakers and dealer networks, as auto manufacturers race to bring new EV models to market.

With Ohio ranked 17th nationally for most registered electric vehicles according to the , there is already significant local consumer demand for EV infrastructure. Graham Ford represents the latest port installation project ABM is delivering in the automotive dealership community, adding to its close to 30,000 installations nationwide.

As one of the country’s leading EV infrastructure installers, ABM is helping Graham Ford take the next step in making a long-term investment aligned with , which includes an investment of more than $50 billion in electric vehicles globally through 2026 to develop breakthrough EVs as well as plans to manufacture them at scale at a run rate of 600,000 globally by late 2023 and 2 million by 2026.

“ABM is thrilled to work with many of the nation’s largest automotive dealership networks as their strategic partner in making innovative and forward-looking investments to efficiently service and sell the increasing number of EV models coming to the market,” said Mark Hawkinson, ABM’s President of Technical Solutions. “Looking holistically at their operation, the Graham Ford team is correctly viewing this opportunity as a strategic investment as the nation approaches a true EV boom. Much more than simply installing a couple of charging stations, we are helping this team evaluate power and grid capacity, selecting and installing the right technology for their needs today, while providing the infrastructure to support future growth and the added learning curve that comes with more electric vehicles, including training technicians and mechanics to service EV charging stations and future upgrades.”

As Ford and other auto makers recommend or require dealerships to make electrical infrastructure investments to prepare for an electric future, ABM is helping operators nationwide set the standard for the industry. ABM’s industry-leading capabilities and industry expertise allows for it to be a single-source solution for all EV charging needs, providing dealerships like Graham Ford with everything required to adapt to the future of the auto industry.  

“We know EVs are coming, and we want to be at the forefront to ensure our customers continue to get the very best service and experience now and in years to come,” said Kenneth Williams, Vice President and General Manager, Graham Auto Group. “The country is moving full speed toward mass EV adoption, and Graham Ford is committed to meeting this growing demand, while providing the knowledgeable service and seamless experience our customers expect.”

For more information on ABM’s services and solutions, please visit .

About ABM

ABM (NYSE: ABM) is one of the world’s largest providers of facility services and solutions. A driving force for a cleaner, healthier, and more sustainable world, ABM provides essential services and forward-looking performance solutions that improve the spaces and places that matter most. From curbside to rooftop, ABM’s comprehensive services include janitorial, engineering, parking, electrical and lighting, energy and electric vehicle charging infrastructure, HVAC and mechanical, landscape and turf, and mission critical solutions. ABM serves a wide range of industries – from commercial office buildings to universities, airports, hospitals, data centers, manufacturing plants and distribution centers, entertainment venues and more. Founded in 1909, ABM serves over 20,000 clients, with annualized revenue approaching $8 billion and more than 100,000 team members in 350+ offices throughout the United States, United Kingdom, Republic of Ireland, and other international locations. For more information, visit .

CONTACT

Media:

ABM

Michael Valentino



EN
01/06/2023

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on ABM Industries Incorporated

ABM Industries Inc: 1 director

A director at ABM Industries Inc sold 12,626 shares at 50.544USD and the significance rating of the trade was 71/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clea...

 PRESS RELEASE

ABM Reports First Quarter Fiscal 2025 Results

ABM Reports First Quarter Fiscal 2025 Results Revenue up 2.2% to $2.1 billion, including organic growth of 1.6%Net income of $43.6 million and earnings per diluted share of $0.69, versus $44.7 million and $0.70 in the prior year, respectively Adjusted net income of $55.3 million and adjusted earnings per diluted share of $0.87, as compared to $54.8 million, or $0.86 in the prior year, respectivelyAdjusted EBITDA of $120.6 million versus $116.7 million in the prior yearIncreases lower end of fiscal 2025 adjusted EPS outlook by $0.05, now projecting full year adjusted EPS between $3.65 to $3....

 PRESS RELEASE

ABM Expands and Extends Credit Agreement

ABM Expands and Extends Credit Agreement Upsized Facility Enhances Financial Flexibility with $1.6 Billion Revolving Credit Facility and $600 Million Term Loan NEW YORK, Feb. 27, 2025 (GLOBE NEWSWIRE) -- , a leading provider of facility solutions, today announced the successful expansion and extension of its senior secured credit agreement. The expanded credit facility now totals $2.2 billion, comprising a $1.6 billion revolving credit facility and a $600 million amortizing term loan, with a maturity date of February 26, 2030. The amended facility replaces ABM’s prior credit agreemen...

 PRESS RELEASE

ABM to Announce First Quarter 2025 Financial Results

ABM to Announce First Quarter 2025 Financial Results Conference Call to be Held on March 12, 2025, at 8:30 AM (ET) NEW YORK, Feb. 26, 2025 (GLOBE NEWSWIRE) -- , a leading provider of facility solutions, today announced that it will release its financial results for the Company’s fiscal first quarter 2025 on Wednesday, March 12, 2025, before market open. ABM will host its quarterly conference call for all interested parties on Wednesday, March 12, 2025, at 8:30 AM (ET). The live conference call can be accessed via audio webcast at the ‘Investors’ section of the Company’s website, , or b...

 PRESS RELEASE

ABM Launches New Brand Platform Reinforcing Transformation as an Innov...

ABM Launches New Brand Platform Reinforcing Transformation as an Innovative and Tech-Enabled Solutions Provider Highlighting a Legacy of Excellence, ABM's New Brand Platform Reflects a Commitment to Cutting-edge Facilities and Engineering & Infrastructure Solutions Across a Comprehensive Suite of Hard and Soft Services NEW YORK, Feb. 11, 2025 (GLOBE NEWSWIRE) -- , a leading provider of facility, engineering, and infrastructure solutions, has unveiled its new brand platform: “Driving possibility, together.” This new positioning emphasizes ABM’s evolution as a future-focused, innovative...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch