Founded in 1963 by the Chaves family in New Mexico, Parking Company of America (PCAM, LLC) has established itself as one of the fastest-growing parking management companies in the United States. The company originated when the patriarch, Nicodemus F. Chaves Jr., encouraged his children to transition from farming to a more stable business opportunity. This endeavor began with leasing a parking lot in downtown Albuquerque, which marked the start of a successful trajectory in the parking services industry.
PCAM gained significant momentum in the 1970s under the leadership of the Chaves brothers, who each took ownership of different regions, allowing for rapid expansion across the country. A key innovation that set PCAM apart was the development of advanced parking technology, including the invention of the parking meter by Alex Chaves Sr., which streamlined operations and enabled quicker scalability.
Today, PCAM operates as a recognized leader in parking management, providing exceptional services tailored to various sectors, such as hospitality, healthcare, transportation, and retail. The company prides itself on its commitment to integrity, dedication, and customer satisfaction, making it a preferred choice for hotels, healthcare facilities, transportation hubs, and event organizers. As a family-operated business, with the next generation continuing to uphold the company's founding values, PCAM remains dedicated to innovation and excellence in the parking and transportation industry.
