Please be advised that it is with deep regret to inform you that after 20 years in business, GSI will discontinue doing business as of midnight September 11, 2018. The reasons for this are many, including the fact that minimum wage laws have effectively made the cost of labor prohibitive, the cost of supplies, insurance and operating expenses have also risen, while the contract price GSI has charged to properties has declined or stayed the same. Also many properties have failed to pay their invoices on a timely basis which has caused GSI to incur escalating bank charges and interest on lines of credit. In summary, a perfect storm of negative forces which has caused GSI‘s bank to refuse to further extend its existing line of credit which therefore has made continued operations untenable.
Accordingly please be advised that no further cleaning operations will be performed by GSI on any of the properties on September 12, 2018 or thereafter. We would like to coordinate efforts with you to pick up our equipment. We apologize for any inconvenience and thank you all for your loyal service.
Francisco Gali Sr.
The GSI Group
12312 Wilkins Av.
Rockville, MD 20852
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