ABM Serving as Critical Support for U.S. Semiconductor Manufacturing as Sector Grows Domestic Capacity
21 March 2024 - 11:00PM
ABM (NYSE: ABM), a leading provider of facility services,
infrastructure solutions, and transportation management, is playing
a vital role as the semiconductor manufacturing industry grows
domestic capacity across the U.S., bolstered by the CHIPS and
Science Act of 2022. Through unmatched industry expertise and
comprehensive end-to-end solutions, ABM is enabling leading
semiconductor companies to focus on their product, while ABM
delivers all ancillary services, increasing operational efficiency
and optimizing uptime.
ABM’s specialized semiconductor offerings include the Super
Clean Program, a process to maximize efficiency and meet strict
project timelines while minimizing labor costs, and HVAC/Process
Exhaust Test & Balance, which optimizes performance through
stringent calibration procedures, data integrity, quality control,
and enhancing equipment longevity and reliability.
ABM is a strategic partner in the United States to more than 10
of the world’s largest semiconductor and semiconductor tool
manufacturers, serving existing U.S. domiciled manufacturing plants
and supporting newly constructed facilities as they prepare to come
online.
“As a leading facilities solutions provider, our growth in the
semiconductor market is a testament to how we serve as a strategic
partner and trusted advisor to support our clients’ success and
effectively develop custom programs that meet their unique and
diverse needs,” said Scott Salmirs, ABM’s President and CEO.
“Because of unprecedented private and federal funding, the
semiconductor industry has once-in-a-lifetime domestic growth
opportunities. ABM is helping our semiconductor clients optimize
operations while overcoming challenges related to construction,
procurement, and talent acquisition and training as they ramp up
production.”
The CHIPS and Science Act of 2022 was designed to strengthen
American manufacturing, supply chains, and national security. Since
the Act was introduced, private companies have announced almost
$200 billion in incremental semiconductor manufacturing investments
in American semiconductor manufacturing. These investments drove
strong double digit growth in ABM's semiconductor business from
FY22 to FY23.
“Fueled in part by the CHIPS and Science Act, this is a crucial
time for the broader semiconductor manufacturing industry, and ABM
is leaning into the sector and collaborating with notable clients
as they expand their footprints across the U.S.,” said Ed Marcil,
ABM’s President, Manufacturing & Distribution. “The
prioritization of U.S.-based manufacturing and robust supply chains
gives ABM an opportunity to support the semiconductor industry with
our specialized programs, which will benefit both our customers and
the country as a whole.”
For more information on ABM, please visit www.abm.com.
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 www.abm.com.
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