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Central Security becomes force in the South

 - 
04/01/2003

TULSA, Okla. - An alarm company here backed by a group of equity partners is quietly growing into a force in the southern central region of the United States and is shopping around for a second round of financial support that will sustain operational growth for the next few years.

Labor board says Sonitrol branch unfairly quashed union election

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03/01/2003

CHATTANOOGA, Tenn. - A National Labor Relations Board administrative law judge has ruled that Sonitrol of Chattanooga unfairly denied its employees an opportunity to unionize.

Tyco looking at redefining free cash flow

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03/01/2003

PEMBROKE, Bermuda - After a period where its accounting practices have come under harsh public criticism, Tyco International is looking at the way it defines free cash flow.

One of the main changes that the company is likely to put in place is that it will now deduct the funds used for the acquisition of customer accounts from its ADT security alarm business.

Leviton acquires OnQ Technologies

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03/01/2003

HARRISBURG, Pa. - In a move designed to grab a larger piece of the market share in the structured wiring field, Leviton Manufacturing Co.

Briefs

SSN Staff  - 
03/01/2003

Technology Connections now UStec dealer
VICTOR, N.Y.

Westar, Pro One explore sale

SSN Staff  - 
03/01/2003

Financial advisors help both sides develop alternatives
TOPEKA, Kan. - In a continued effort to comply with a Kansas regulatory commission’s directive to reduce its debts, Westar Energy has retained financial advisors to help develop strategic alternatives for its 88 percent share of Protection One.

Mach 7 bought by Security Services Group

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03/01/2003

EDINA, Minn. - In a move to bolster their growth in the residential market in the greater Minneapolis area, Security Services Group (SSG), based here, has purchased Mach 7 Security for an undisclosed price.

Dealer files lawsuit against ADT for contract

Lawsuit awaiting approval from New Jersey court to become a class action claim
 - 
02/01/2003

BOCA RATON, Fla. - Charging that ADT Security Services breached its contract when it informed dealers in August 2002 that it was limiting the number of qualified accounts it would purchase, a New Jersey dealer has filed a class action complaint seeking unspecified damages.

Tyco makes string of positive moves

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02/01/2003

NEW YORK - A string of good news for investors has come from Tyco International over the past month, including announcements of financing arrangements, a new financial officer at the Fire and Security division and the results of a long-awaited accounting investigation.

“Big picture-wise for Tyco, everything has been coming up roses,” said Jack Mallon, an industry analyst.

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Poll

SSN News Poll January 2015

John Loud of LOUD Security spoke at Honeywell’s recent Connect2014 event for its dealers about the need for an appropriate company culture that builds engagement and productivity and adds a “fun factor” to the workplace. How does your company handle its culture? Tell us what you think.

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