ABM ABM Industries Incorporated

ABM Projected to Save GSA Southeast Sunbelt Region 4 an Estimated $34.3 Million

ABM Projected to Save GSA Southeast Sunbelt Region 4 an Estimated $34.3 Million

NEW YORK, Nov. 12, 2020 (GLOBE NEWSWIRE) -- , a leading provider of facility solutions, has initiated an additional Energy Savings Performance Contract (ESPC) for the U.S. General Services Administration (GSA). Over the 20-year period, ABM’s energy performance contract is projected to save an estimated $34.3 million generated by a projected average energy reduction of 37% for nine federal facilities in Alabama, Mississippi, and North Carolina. The project includes ventilation system upgrades to improve indoor air quality (IAQ) in all nine facilities.

“Indoor air quality is a concern for every employer and employee today, public and private,” said Mark Hawkinson, President of ABM Technical Solutions. “I’m happy we can create the savings they need to address these capital improvements to make sure these ventilation upgrades happen.”

As of this project, ABM has provided custom energy solutions to GSA totaling more than $100 million of capital invested. ABM has previously implemented a multiple-phase ESPC for GSA in Los Angeles, California, with the most recent phase described .

ABM’s enables federal entities and others, such as schools and local governments, to invest in critical facility needs like air quality, infrastructure, and sustainability goals. The program is designed to drive costs out of a facility’s operating budget, redirecting savings to fund mission critical facility needs. outlines how ABM provides custom technical and financial solutions for government facilities without upfront costs or tax increases.

The project will restore a solar photovoltaic system de-energized due to unrepaired solar panel damage, saving much of the existing equipment. A new design will introduce redundancy to avoid shutdowns, including a monitoring system to help prevent and diagnose issues before they arise. HVAC renovations will significantly improve IAQ with better control of outdoor air, including more efficient use of fan energy and increased delivery of fresh air. Highlights of the project also include:

  • Optimizing chillers and boilers to improve energy efficiency
  • Retrofitting lighting with energy-saving LED lighting
  • Capital improvements to resolve issues impacting air quality and energy savings
  • Installing water conservation upgrades
  • Replacing high-efficiency transformers in electrical power distribution systems

The project includes upgrades to historic courthouses and provides new and upgraded Building Automation System (BAS) infrastructure and platforms to five of the nine locations, providing GSA centralized, real-time monitoring, analytics, and performance data. The BAS upgrades include advanced controls that enable significant reductions in the energy use of connected HVAC systems. The nine facilities are:

  • Dan M. Russell Jr. Courthouse, Gulfport, MS
  • Frank M. Johnson Jr. Federal Building & U.S. Courthouse, Montgomery, AL
  • Hiram H. Ward Federal Building & U.S. Courthouse, Winston-Salem, NC
  • L.R. Preyer Federal Building-Post-Office-Courthouse, Greensboro, NC
  • Terry Sanford Federal Building & U.S. Courthouse, Raleigh, NC
  • Thad Cochran U.S. Courthouse, Jackson, MS
  • U.S. Courthouse, Oxford, MS
  • Veach-Baley Federal Complex, Asheville, NC
  • William M. Colmer Federal Building & U.S. Courthouse, Hattiesburg, MS

For more information on ABM’s Energy Savings Performance Contracts and other offerings, visit .  

CONNECT WITH ABM

ABOUT ABM

is a leading provider of facility solutions with revenues of approximately $6.5 billion and more than 140,000 employees in 350+ offices throughout the United States and various international locations. ABM’s comprehensive capabilities include janitorial, electrical & lighting, energy solutions, facilities engineering, HVAC & mechanical, landscape & turf, mission critical solutions and parking, provided through stand-alone or integrated solutions. ABM provides custom facility solutions in urban, suburban and rural areas to properties of all sizes - from schools and commercial buildings to hospitals, data centers, manufacturing plants and airports. ABM Industries Incorporated, which operates through its subsidiaries, was founded in 1909. For more information, visit .

CONTACT

Media:

Kristy Miller

(678) 268-4242

Investor Relations & Treasury:

Susie A. Kim

(212) 297-9721

EN
12/11/2020

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 9,339 shares at 47.228USD and the significance rating of the trade was 58/100. 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 clear...

 PRESS RELEASE

ABM Completes Acquisition of WGNSTAR, Strengthening Leadership in Semi...

ABM Completes Acquisition of WGNSTAR, Strengthening Leadership in Semiconductor Technical Services NEW YORK, Feb. 04, 2026 (GLOBE NEWSWIRE) -- ABM (NYSE: ABM) a major provider of facility, engineering, and infrastructure solutions, today completed the previously announced acquisition of WGNSTAR, a leading provider of technical and operational solutions for the semiconductor and high-technology industries. Scott Salmirs, President and CEO of ABM commented, “We are excited to officially welcome WGNSTAR’s talented team to ABM. This acquisition expands our technical capabilities in the world...

 PRESS RELEASE

City of Alexandria’s DASH Partners with ABM to Support EV Bus Charging...

City of Alexandria’s DASH Partners with ABM to Support EV Bus Charging Infrastructure ABM’s installation of pantograph charger and foundational electrical infrastructure marks a key milestone in DASH’s fleet electrification strategy NEW YORK, Jan. 15, 2026 (GLOBE NEWSWIRE) -- ABM (NYSE: ABM), a leading provider of energy infrastructure and facility solutions, has been selected by the Alexandria, Virginia, Transit Company (DASH), to deliver critical EV charging infrastructure that supports the growing electrification of the city's public bus fleet. Under the agreement, ABM provided an...

 PRESS RELEASE

ABM Strengthens Executive Leadership to Drive Technology, Strategy, an...

ABM Strengthens Executive Leadership to Drive Technology, Strategy, and Growth Melanie Kirkwood Ruiz promoted to Executive Vice President & Chief Information Officer and Tom Gallo to Executive Vice President & Chief Strategy Officer NEW YORK, Jan. 06, 2026 (GLOBE NEWSWIRE) -- ABM (NYSE: ABM), a leading provider of facility, engineering, and infrastructure solutions, today announced the promotions of Melanie Kirkwood Ruiz to Executive Vice President and Chief Information Officer and Tom Gallo to Executive Vice President and Chief Strategy Officer. Both leaders will continue to report...

 PRESS RELEASE

ABM Reports Fourth Quarter and Full Fiscal 2025 Results and Provides F...

ABM Reports Fourth Quarter and Full Fiscal 2025 Results and Provides Fiscal 2026 Outlook Excluding prior year self-insurance adjustments, organic growth, adjusted EPS and adjusted EBITDA exceed management expectations Fourth quarter revenue was a record $2.3 billion, an increase of 5.4% over the prior year, with organic growth of 4.8% contributing meaningfully to overall performanceNet income for the quarter totaled $34.8 million, or $0.56 per diluted share, improving from a net loss of $(11.7) million, or $(0.19) per share, a year agoAdjusted diluted EPS was $0.88, which includes a $(0.2...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch