abhishreshthaa
Abhijeet S
ABM Industries Incorporated NYSE: ABM is an American corporation involved in outsourced, building maintenance. Wholly-owned subsidiaries include ABM Janitorial, Ampco System Parking, ABM Engineering, ABM Security Services (known formerly as American Commercial Security Services), Security Services of America (SSA), Amtech Lighting, and ABM Facility Services.
Founded in 1909 by Morris Rosenberg as a one-man window washing business, they took the name American Building Maintenance in 1913. In 1927, they acquired Easterday Janitorial Supply Company. His sons took over after his death.
They were listed in 1945 on the American Stock Exchange. In 1967, Ampco Auto Parks, which became Ampco System Parking in 1993, became the newest Division of the Company. In 1972 they were listed on the New York Stock Exchange.
Through a series of mergers and acquisitions, ABM had revenues above $2 billion as of 2001.
Strengths
Founded in 1909 by Morris Rosenberg as a one-man window washing business, they took the name American Building Maintenance in 1913. In 1927, they acquired Easterday Janitorial Supply Company. His sons took over after his death.
They were listed in 1945 on the American Stock Exchange. In 1967, Ampco Auto Parks, which became Ampco System Parking in 1993, became the newest Division of the Company. In 1972 they were listed on the New York Stock Exchange.
Through a series of mergers and acquisitions, ABM had revenues above $2 billion as of 2001.
Strengths
- Cost advantage
- Effective communication
- Innovation
- Loyal customers
- Strong brand equity
- Unique products
- Understanding Image
- High Calibre delivery
- Loyal employees
- Low overheads
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Weaknesses
* Low R&D
* Low market share
* No online presence
* Not diversified
* Ubiquitiouegory, products, services
Opportunities
* Emerging markets and expansion abroad
* Online
* Product and services expansion
* Quick Response
* Good customer service
* Strong reputation
* Ability to adapt to customer needs
* Low overhaeds
Threats- Lower cost competitors or imports
- Maturing categories, products, or services
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