Remco Maintenance, LLC

April 19, 2007 News Release
November 17, 2005 News Release
September 3, 2005 News Release
July 25, 2005 News Release
April 20, 2005 News Release
December 20, 2004 News Release
March 1, 2003 News Release


 
                 April 19, 2007      NEWS RELEASE   For Immediate Release
                                                       For Further Information Contact:
                                  Mia Ricciardi, Executive Assistant, Remco Maintenance, LLC ( 212) 695-4000

Remco Maintenance Receives Historic Preservation Award

Remco Maintenance has been selected to receive the prestigious 2006 Historic Preservation Award for its exterior restoration work on New Jersey 's Newark City Hall . The award was announced by the NJ Historic Sites Council and the Department of Environmental Protection, Historic Preservation Office. Remco Maintenance will receive the award at a ceremony on April 28 th at the New Jersey State House in Trenton .

“We have been in this business successfully for 75 years and it is certainly a wonderful feeling to be recognized in this way. Our strategy of ultimate customer service, workmanship pride and business integrity has been paying off handsomely,” said Raymond Saleeby, Remco's President and CEO. He went on to say “We were fortunate to have been selected to provide our services on the project by Austin Helle Company of Cedar Grove , NJ , the General Contractor. We all knew the significance of the project and the importance of delivering on our promises. Our project teams had experience, dedication and a high level of collaboration. ” One thing for certain, the building looks magnificent and everyone involved, including Newark's Mayor Cory A. Booker, has been very pleased with Remco's efforts. A rededication ceremony was held after the $18 million year-long project. “We are proclaiming a new era that has come to Newark again,” said Mayor Booker. “We are reclaiming our past glory, honoring the sanctity of our history, but also showing that the best is yet to come.”

“We salute the Remco Maintenance senior project management team who worked diligently and smart from inception through final delivery,” said Saleeby, “Mike Bradley, Jim Clifford, Ed Farnsworth, and Octavio Diaz should be congratulated along with the significant number of Remco craftspeople that were applying their time-honored skills each and every day.” In addition to a job that was well done, the Remco effort was done on-time and on-budget.

Remco Maintenance is the leading metal, marble, stone, wood, and building facade restoration and maintenance service Company serving the New York Metro Area. It is well known to the building industry and it has grown by 34% this past year alone and offers Green Services as well.

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Since 1932 Remco Maintenance ( www.myremco.com ) has been New York City 's company of choice to preserve the architectural and historical brilliance for America 's signature properties. Their expertise in metal, marble, stone, wood, door and building façade maintenance and restoration is unsurpassed. Clients include The Four Seasons, ATCO Properties, Fisher Brothers, Bloomingdales, Cartier, JPM Chase, Cushman & Wakefield , Tiffany & Co. , Yankee Stadium and thousands of others. Remco's major investor, Patriarch Partners, LLC, is a private equity and investment firm in New York , North Carolina and Texas .

Remco Maintenance, LLC has its headquarters at 4730-35 th Street , Long Island City , NY 11101 .

November 17, 2005 NEWS RELEASE For Immediate Release
For Further Information Contact:
Pat Huber, Executive Assistant, Remco Maintenance, LLC (212) 695-4000

Remco Maintenance Announces Move to a Larger Facility to Support Expansion Plans

Remco Maintenance, New York’s leading metal, marble, stone, wood, door and building facade restoration and maintenance Service Company, has announced its expansion plans and its resulting decision to move to a larger, newly designed facility tailored to their growing needs. In early September, Remco had announced a large work force expansion stating that their strategy of ultimate customer service, workmanship pride and business integrity has been paying off handsomely. "We have outgrown our current location and as the pace of our business continues on its positive course, we needed to design a bigger and more modern facility", said Raymond Saleeby, Remco’s President & CEO. "We chose our new facility in Long Island City because of its close proximity to our major client base. When coupled with our remote dispatching plans, quality assurance programs and our localized field account and sales teams we think we will continue to be this industry’s service supplier of choice. Clients have been demanding the quality we have become know to deliver."

Over the past 6 months Remco has expanded their sales and customer account manager staffs significantly. Recently Remco has been awarded some of the largest industry contracts in the market place. Saleeby continued, "In addition to building out our new facility over the next several months, we have plans to acquire 40 new trucks to support our growing workload. Remco continues to be the strongest and perhaps the most financially secure firm in our industry with a laser focus on delivery and customer service. We have a history of doing it right and doing it on time and we are committed to adding significant value to our client companies." Remco’s new facility at 47-30 35th Street, Long Island City, will be completed in March of next year.

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For over 70 years, Remco Maintenance LLC and its predecessor firm has been providing a broad range of restoration and maintenance services to commercial, residential, institutional, retail and hospitality facilities throughout the New York Metropolitan Area.

September 3, 2005 NEWS RELEASE For Immediate Release
For Further Information Contact:
Pat Huber, Executive Assistant, Remco Maintenance, LLC (212) 695-4000

Remco Maintenance Expands Staffing Levels

Remco Maintenance, New York’s leading metal, marble, stone, wood, and building facade restoration and maintenance Service Company, has announced the hiring of 25 new permanent employees and forecasts more to come.

"Our business continues to grow for all of our offerings and our renewed strategy of ultimate customer service, workmanship pride and business integrity has been paying off handsomely,” said Raymond Saleeby, Remco’s President and CEO. He went on to say “We are fortunate to have this level of activity and we look forward to continued growth over the next several years when you combine our long standing experience with our quality of service".

Since taking over his position in late April, the firm has hired additional sales people, renegotiated a more flexible metal polisher’s union contract, which provides for greater industry stability, and closed on numerous new contracts and large client assignments. Remco Maintenance business footprint includes New York City, Long Island, Westchester, New Jersey and Connecticut. Clearly the real estate industry and economic activity in the area are strong but it is Remco’s strategy that Saleeby feels has provided Remco with its competitive advantage.

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Since 1932 Remco Maintenance (www.myremco.com) has been New York City’s company of choice to preserve the architectural and historical brilliance America’s signature properties. Their expertise in metal, marble, stone, wood, door and building façade maintenance and restoration is unsurpassed. Clients include The Four Seasons, ATCO Properties, Fisher Brothers, Bloomingdales, Cartier, JPM Chase, Cushman & Wakefield, Tiffany & Co., Yankee Stadium and thousands of others.

July 25, 2005 NEWS RELEASE For Immediate Release
For Further Information Contact:
Pat Huber, Executive Assistant, Remco Maintenance, LLC (212) 695-4000

Metal Polishers Strike Settled

The Metal Polishers Union Local 8A concluded an industry-wide agreement early Monday after striking the sole remaining negotiating company, Remco Maintenance. Remco has historically provided industry contract leadership and this contract was no exception. Twenty-two other companies opted for a “me-too” agreement which means that they will automatically accept the resulting contract.

“We had the responsibility and I am proud of reaching an accord by applying diligence, creativity and integrity. This contract is in the best interest of our valued clients, our workers and craftsman and the entire industry. While a significant increase in benefit payments were needed and agreed upon, we were able to balance this with appropriate operational productivity gains” said Raymond Saleeby, Remco’s President and CEO. He went on to say that “we worked hard during the strike not to disappoint our clients and with this accord the benefits to them will be evident”. The Union and the industry clashed over benefits, wages and a multiple-tiered seniority system. The settlement of the new three year contract had been somewhat elusive. In the end it resulted in a contract which, when coupled with Remco Maintenance’s brand and reputation for quality service, will provide them and the industry with the ability to serve their customer needs with pride.

The President of the Union Local, Hector Lopez stated “We are happy with our settlement. Soaring welfare costs are not unique to our industry in this day and age and we are pleased to be able to provide the necessary coverage without risking the future financial stability of the industry players. I applaud the working relationship we have established with the industry’s largest stakeholder, Remco, and will continue to foster that relationship within this very relevant service sector to create an environment that will benefit the end use customers.”

April 20, 2005 NEWS RELEASE For Immediate Release
For Further Information Contact:
Edward Wasilewski, Executive Vice President, Remco Maintenance, LLC (212) 695-4000

Remco Maintenance, LLC is pleased to announce that Raymond G. Saleeby took the helm at the firm just this week as its President & CEO. As a senior executive and board member at some of our countries largest, growth-oriented corporations he earned a reputation for leadership, for providing unparalleled customer service and demanding the same values of quality and pride for which Remco Maintenance has traditionally become known.

He was the CEO FirstPoint Energy, a group President at EDS and GVP at Oracle, an EVP at Stone & Webster, and a Managing Partner at AT&T Solutions. He is a Strategic Planner whose previous clients include IBM, Consolidated Edison, General Motors, IBM, Nextel, GE and hundreds of major corporations. He was featured in a magazine cover article titled “Consultants with Clout” and was awarded “Top 50 People in US Business-Honoring Leaders and Innovators Who Are Changing the Course of the Future” by New Energy Economy.

Mr. Saleeby holds a bachelor’s degree in Marine Engineering from SUNY Maritime College and an MBA from NYU.

Raymond is married to Catherine Saleeby. They were both born and raised in Brooklyn, New York but now live in South Orange, NJ. They have three daughters, Jennifer Smith who is married to NJ Assemblyman Bob Smith, Theresa who works at Experian and Jean who is a Dental student at UMDNJ. They also have three grand children.

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Since 1932 Remco Maintenance has been New York City’s company of choice to preserve the architectural and historical brilliance America’s signature properties. Their expertise in metal, marble, stone, wood, door and building façade maintenance and restoration is unsurpassed. Clients include The Plaza, The Waldorf Astoria, Bloomingdales, Cartier, JPM Chase, Cushman & Wakefield, Tiffany & Co., Yankee Stadium and thousands of others

December 20, 2004 NEWS RELEASE For Immediate Release
For Further Information Contact:
Edward Wasilewski, Executive Vice President, Remco Maintenance, LLC (212) 695-4000

Patriarch Partners Acquisition of Remco Maintenance Corporation December 16, 2004.

Funds affiliated with Patriarch Partners ("Patriarch") have completed their previously announced acquisition of Remco Maintenance Corporation. Remco is a provider of specialty maintenance and restoration services for metal, marble, wood, stone, glass and facades, along with door repair and installation, primarily to high-rise, commercial and residential structures, retail and institutional properties. Under the transaction documents, Patriarch acquired certain specified customer accounts receivable and other assets and agreed to assume certain specified liabilities.

"We are pleased to be in a position to provide long-term financial support to Remco, a company with such a well known brand and attractive future potential. The acquisition is consistent with Patriarch's strategy of offering time, stability, liquidity and an appropriate capital structure in order to enhance the value of its portfolio companies" stated Lynn Tilton, principal of Patriarch. "We are excited about the opportunity of working with our new owners who are committed to helping us continue as the market leader in our industry and giving us the means of achieving our long-term goals," said Edward J. Wasilewski, Executive Vice President, Remco Maintenance, LLC.

Privately held Patriarch has approximately $4 billion dollars in assets under its management, including both majority and minority equity positions in more than 55 companies. Patriarch and its affiliates currently manage nine debt funds and a private equity fund and oversees or monitors lending to approximately 400 companies.

March 1, 2003 NEWS RELEASE For Immediate Release
For Further Information Contact:
Edward Wasilewski, Executive Vice President, Remco Maintenance Corporation, (212) 695-4000

REMCO OFFERS DOOR INSTALLATION, SALES AND SERVICE TO CUSTOMERS

New York – Remco Maintenance Corporation through its newly established Door Services Division is now offering door installation, sales, repair and maintenance along with metal fabrication. Michael Carlone, having over 30 years industry experience, has joined Remco to head up the division.

“We can maintain, repair or replace all types of doors along with the required architectural metal fabrication necessary to construct and install standard or custom designed entrances” declared Tom Lawless, President, Remco Maintenance Corporation. “Our customers can expect the same standards, quality, and response from our team of experienced technicians that has been traditionally part of Remco’s service delivery.”

“For over 70 years Remco has been providing quality maintenance and restoration services for metal entrances,” stated Ed Wasilewski, Executive Vice President of Remco. “This is a natural extension to the services we offer and we are very pleased to provide these services to help our customers improve their daily operations along with the appearance of their facilities.”

Remco Maintenance Corporation, a division of Omni Facility Services, is the largest specialty facility Service Company in the New York Metropolitan area providing quality maintenance and restoration services for metal, marble, wood, stone and glass. Our services are all encompassing from the common areas in the interior to the entire exterior facade of the building.