Full Description
Tyco International Ltd. (TYC.N) (New York Stock Exchange)
Tyco International Ltd. (Tyco), incorporated in 1962, is a diversified global provider of security products and services, fire protection and detection products and services, valves and controls, and other industrial products. It operates in five segments: ADT Worldwide, Flow Control, Fire Protection Services, Electrical and Metal Products, and Safety Products. ADT Worldwide designs, sells, install, services and monitors electronic security systems. Flow Control designs, manufactures, sells and services valves, pipes, fittings, valve automation and heat tracing products. Fire Protection Services designs, sells, installs and services fire detection and fire suppression systems. Electrical and Metal Products designs, manufactures and sells galvanized steel tubing, armored wire and cable, and other metal products. Safety Products designs, manufactures and sells fire suppression, electronic, security and life safety products, including fire suppression products, breathing apparatus, intrusion security, access control and video management systems. During the fiscal year ended September 25, 2009 (fiscal 2009), the Company’s Safety Products segment acquired Vue Technology, Inc., a provider of radio frequency identification (RFID) technology.
ADT Worldwide
ADT Worldwide supplies and installs electronic security systems to the residential, commercial, education, governmental and industrial markets. The Company also provides electronic security services, including monitoring of burglar alarms, fire alarms and other life safety conditions, as well as maintenance of electronic security systems. The electronic security systems business involves the installation and use of security systems designed to detect intrusion, control access and react to movement, fire, smoke, flooding, environmental conditions, industrial processes and other hazards. These electronic security systems include detection devices that are connected to a monitoring center that receives and records alarm signals.
The electronic security systems include access control systems for sensitive areas, such as offices or banks; video surveillance systems, designed to deter theft and fraud and help protect employees and customers; and asset protection and security management systems, designed to monitor and protect physical assets, as well as electronic data. The electronic security systems also include anti-theft systems utilizing acousto magnetic and RFID tags and labels in the retail industry. ADT Worldwide sells to residential, commercial, industrial, education and governmental customers. The residential customers include owners of single-family homes or renters in multi-family apartment complexes. The commercial customers include, among others, retail businesses, financial institutions, commercial/industrial facilities and health care facilities. The governmental customers include federal, state and local governments, defense installations, schools and mass transportation providers.
Flow Control
Flow Control designs and manufactures a range of valves, actuators, controls, pipes, fittings and heat tracing products. Valve products include a range of industrial valves, including on-off valves, safety relief valves and other specialty valves. Actuation products include pneumatic, hydraulic and electric actuators. Control products include limit switches, solenoid valves, valve positioners, network systems and accessories. For the water market, Flow Control offers a variety of pipes, valves, hydrants, house connections and fittings for water transmission and distribution applications. Flow Control is also a provider of heat tracing services and products. In addition to these products, Flow Control makes a variety of products for environmental (emissions monitoring, water flow and quality monitoring, dust filter cleaning systems), instrumentation (manifolds, enclosures, isolation valves) and other applications.
Flow Control products are used in many applications, including power generation, chemical, petrochemical, oil and gas, water distribution, wastewater, pulp and paper, commercial irrigation, mining, food and beverage, plumbing, and heating, ventilation, and air conditioning (HVAC). It also provides engineering, design, inspection, maintenance and repair services for its valves and related products. The Company's customers include businesses engaged in a range of industries, including power generation, chemical and petrochemical, pharmaceutical, oil production and refining, gas, water, food and beverage, marine and shipbuilding, and related process industries. Customers include end users, as well as engineering, procurement and construction companies, contractors, original equipment manufacturers (OEMs) and distributors.
Fire Protection Services
Fire Protection Services segment designs, sells, installs and services fire detection and fire suppression systems for commercial enterprises, governmental entities, airports, commercial shipping companies, fire departments, transportation systems, healthcare owners, petrochemical facilities and homeowners. Fire Protection Services operates under various trade names, including SimplexGrinnell, Wormald, Mather & Platt, Dong Bang, Zettler and Tyco.
Fire Protection Services offers a range of fire alarm and fire detection systems. These alarm and detection systems include fire alarm control panels, advanced fire alarm monitoring systems, smoke, heat and carbon monoxide detectors, voice evacuation systems and emergency lighting systems. Fire Protection Services also offers a range of fire suppression systems, the majority which are water-based sprinkler systems. In addition, Fire Protection Services provides custom designed special hazard suppression systems, which incorporate specialized extinguishing agents, such as foams, dry chemicals and gases, in addition to spill control products designed to absorb, neutralize and solidify spills of hazardous materials. Fire Protection Services' customers include commercial enterprises, governmental entities, airports, commercial shipping companies, fire departments, transportation systems, healthcare facility owners, petrochemical facilities and homeowners.
Electrical and Metal Products
The Company’s Electrical and Metal Products segment designs, manufactures and sells galvanized steel tubing and pipe products, pre-wired armored electrical cables, electrical support systems and metal framing systems for trade contractors in the construction and modernization of non-residential structures, such as commercial office buildings, institutional facilities, manufacturing plants and warehouses, shopping centers and multi-family dwellings. In North America, the Company’s Allied Tube & Conduit business is a manufacturer of electrical steel conduit and its AFC Cable Systems division is a manufacturer of steel and aluminum pre-wired electrical cable. Electrical and Metal Products also manufactures and sells cable tray systems, steel tubes, tiles, plates and other specialty formed steel products in South America, Asia Pacific, and Europe, Middle East and Africa (EMEA).
Safety Products
The Company’s Safety Products segment designs, manufactures and sells fire suppression, electronic, security and life safety products, including fire suppression products, breathing apparatus, intrusion security, access control and video management systems. In addition, Safety Products manufactures products installed and serviced by ADT Worldwide and Fire Protection Services. Safety Products manufactures fire suppression products, including water sprinkler systems, portable fire extinguishers, commercial suppression systems for special hazards, including gas, powder and foam agents, forestry and hose products used to fight wildfires, and fire-fighting foam and related delivery devices. Safety Products also manufactures life safety products, including self-contained breathing apparatus designed for firefighter, industrial and military use, supplied air respirators, air-purifying respirators, thermal imaging cameras, gas detection equipment and gas masks.
The Company designs and manufactures electronic security products, including integrated video surveillance and access control systems. Its global access control solutions include integrated security management systems for enterprise applications, access control solutions for mid-size applications, alarm management panels, door controllers, readers, keypads and cards. The global video system solutions include digital video management systems, matrix switchers and controllers, digital multiplexers, programmable cameras, monitors and liquid crystal displays. Its intrusion security products provide advanced security products for homes and businesses ranging from burglar alarms to a range of security systems, including alarm control panels, keypads, sensors and central station receiving equipment used in security monitoring centers. Safety Products also manufactures a number of products for ADT Worldwide and Fire Protection Services for incorporation into their electronic security systems and fire detection and fire suppression systems. These products include a range of its fire detection and fire suppression products, security video and access control products, electronic article surveillance and intrusion products.

