ABM Building Solutions Assists Fayette County, PA Career & Technical
Institute Reduce Costs by $4.9 Million to Fund Building Infrastructure
Improvements
NEW YORK--(BUSINESS WIRE)--
ABM (NYSE:ABM), a leading provider of integrated facility
solutions, announced its ABM Building Solutions division is in the
process of completing major renovations to the Fayette County Career &
Technical Institute (FCCTI) in Uniontown, Pennsylvania. The project,
scheduled to be completed by January 2013, is expected to provide the
FCCTI with $4.9 million in cost savings over the next 20 years through
energy savings and the unique financial approach pioneered by ABM for
its clients. FCCTI, which educates students from four local school
districts, will use the savings to make critical capital improvements to
its campus.
ABM's Bundled Energy Solutions Program has been designed as a financial
solution to meet clients' technical facility needs. ABM's goal is to
drive costs out of clients' operating budgets in a manner that allows
them to reallocate funding for critical capital improvements.
"Without the ABM Building Solutions team, we wouldn't have been able to
develop a financial solution that earned the approval of each supporting
district," said Dr. Edward Jeffreys, Executive Director of Fayette
County Career & Technical Institute. "We've tried to implement these
repairs for many years without success. With the technical and financial
solutions we co-authored with ABM Building Solutions, I'm happy to share
there will not be any increased contributions from the supporting
districts to implement these necessary repairs."
The school, originally constructed in 1965, has been in need of
significant repairs. In addition to replacing a deteriorating roof, the
building will undergo other major renovations with money saved through
the Bundled Energy Solutions Program. New high-efficiency heating and
cooling systems and building automation systems will allow the school to
have more control over the building's environmental systems.
Furthermore, the institute's electrical capacity will nearly double,
from 1600 AMPs to 3000 AMPs, which will allow for future technologies to
be easily adopted.
Kevin Kovak, Vice President of Service for ABM Building Solutions,
explained, "There were many moving parts in developing a financial and
technical solution to address the needs of the Fayette County Career &
Technical Institute. Our team worked with the school boards of all four
supporting school districts as well as the joint operating committee and
authority board to ensure that every concern was addressed and each
district's financial contributions would not increase."
Currently, Fayette County Career & Technical Institute has hundreds of
students enrolled in its 15 diverse programs. Upon completion of its
renovation project, the school will use additional cost savings to
expand its program offerings, including a new class on the discovery of
the Marcellus Shale Natural Gas Field Formation. Lying under two-thirds
of Pennsylvania, the Marcellus Shale Natural Gas Field Formation is the
largest on-shore natural gas reserve in the world. The course will allow
students to learn about up-and-coming developments surrounding this
potential target for energy development.
"Through our partnership with Fayette County Career & Technical
Institute, we will be able to provide the students a better learning
environment by increasing the school's efficiency, along with ensuring
the infrastructure is safe and sustainable," said President of ABM
Building & Energy Solutions Scott Giacobbe.
ABOUT ABM
ABM (NYSE:ABM) is a leading provider of integrated facility solutions.
Thousands of commercial, industrial, government and retail clients
outsource their non-core functions to ABM for consistent quality service
that meets their specialized facility needs. ABM's comprehensive
capabilities include expansive facility services, energy solutions,
commercial cleaning, maintenance and repair, HVAC, electrical,
landscaping, parking and security, provided through stand-alone or
integrated solutions. With more than $4 billion in revenues and 100,000
employees deployed throughout the United States and various
international locations, ABM delivers custom facility solutions to meet
the unique client requirements of multiple industries —- ranging from
healthcare, government and education to high-tech, aviation and
manufacturing. ABM leverages its breadth of services, deep industry
expertise and technology-enabled workforce to preserve and build value
for clients' physical assets. ABM Industries Incorporated, which
operates through its subsidiaries, was founded in 1909. For more
information, visit www.abm.com.
ABM
Media:
Chas Strong
770.953.5072
chas.strong@abm.com
or
Ashley
Reiff
770.521.7558
ashley.reiff@abm.com
or
Investors
& Analysts:
David Farwell
212.297.9792
dfarwell@abm.com
Source: ABM
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