www.ushalonbank.com   1.800.433.1751                                   September 2019 - Vol 3, Issue 26
                            
News
3M Could Face "Existential Threat" from Lawsuits
Canadian Fire and Alarm Company Slapped With Charges, Fines
Trump Defunds Critical Life Safety Upgrades
Fireline Corp. (Maryland) Installs Water Mist, Vesda In West Virginia Museum
Johnson Controls to Spend $140M on Pollution Clean-up
9th Triennial International Aircraft Fire and Cabin Safety Research Conference
UTC: Breaking Down the Breakup
Raytheon and UTC Schedule Shareholders Meetings for Merger Approval
UTC Names New Carrier CFO
Gerald Connolly Appointed as New CEO of Potter
Company Offers Possible Answers to Lithium-Ion Battery Fires
Battelle to Study Fire Fighting Forms for DOD
Unlicensed Sprinkler Contractor Kicked Off Louisville Project - Contractor and Simplex Grinnell Protest
CASP Aerospace (Canada) To Service Ansul Extinguishers
NFPA Releases Energy Storage System Standard
Fire Closes Restaurant
Suppression System Saves Gas Station
Conception Crew Members Were Sleeping When Fire Broke Out
Johnson Controls Buybacks Will Propel Stock Higher.
Australian Airline Bans Apple Laptops Amid Global Fire Risk
Most Popular Stories from July 2019
Mergers and Acquisitions
Studies and Reports
3M Could Face "Existential Threat" from Lawsuits
Attorneys walk out of U.S. District Court in Charleston on Friday, July 26, 2019, following a meeting on more than 100 lawsuits that were filed against 3M and other companies. Andrew Brown/Staff
8/4/19

By Andrew Brown
The Post and Courier

The fortunes of an American industrial giant that developed Post-it Notes and Scotch Tape could turn in a Charleston courtroom, where 3M Co. is battling claims it contaminated the environment and polluted drinking water across the country.

The Minnesota-based company's long-term profitability may hinge on how well it defends itself from a mountain of litigation over the production of chemicals known as per-and polyfluorinated substances - PFAS for short.

Click here to read more about this.
 
Canadian Fire and Alarm Company Slapped With Charges, Fines
The 65 charges against Premium Fire Protection Ltd. and 10 of its employees came after a seven-month investigation by Calgary Fire Safety Codes officers. (David Bell/CBC)
7/29/19

CBC News

The Calgary Fire Department has slapped a fire safety company - and some of its customers - with dozens of charges under the Alberta Fire Code for using "unqualified and uncertified persons" for installations.

The code violations relate to the installation of fire alarm and voice communications systems, portable fire extinguishers and special fire suppression systems.

Finish reading this story by clicking here.
 
Trump Defunds Critical Life Safety Upgrades
9/19/19

By Greg Zimmerman
FacilitiesNet

To fund his border wall, Trump has pulled money from 127 military construction projects. This includes a project on the drawing board to replace Building #510 at the Norfolk Naval Shipyard, which is in dire need of upgrades to key fire and life safety systems. The building has been cited for "numerous life-safety violations," according to the Washington Post, and has been labeled a "high-risk environment." The building has no sprinkler system, inadequate fire alarms, and not enough exits.

To read this article in full, click here.
 
Fireline Corp. (Maryland) Installs Water Mist, Vesda In West Virginia Museum
Photos by Linda Comins Dave Taylor, left, Fireline Corp.'s director of business development, and Al Riefflin, Fireline's project manager, give a presentation on the water mist fire suppression and VESDA (Very Early Smoke Detection Apparatus) systems installed in Oglebay Institute's Mansion Museum.
8/11/19

By Linda Comins, Staff Writer
Wheeling News-Register

WHEELING -- Oglebay Institute's Mansion Museum now has cutting-edge fire suppression and smoke detection systems to protect its priceless collection of artifacts.

Officials unveiled the new protective technology, marking the completion of a two-year project.

The Mansion Museum, located in Oglebay Park, is the first facility in West Virginia to install these systems. The museum joins Thomas Jefferson's Monticello, George Washington's Mount Vernon and Andrew Jackson's Hermitage in utilizing this technology.

Continue reading this story here.
 
Johnson Controls to Spend $140M on Pollution Clean-up
8/6/19

By Associated Press
NBC 26 Green Bay

MILWAUKEE - Johnson Controls International is devoting $140 million to address pollutants from firefighting foam in northeastern Wisconsin.

The company's third-quarter earnings report indicates it will set the money aside to clean-up pollution from PFAS in Marinette, where its Tyco Fire Products unit is based. PFAS are man-made chemicals found in products such as firefighting foam, non-stick cookware and fast-food wrappers.

Read the full article here.
 
9th Triennial International Aircraft Fire and Cabin Safety Research Conference

The 9th Triennial International Aircraft Fire and Cabin Safety Research Conference will be held at the Resorts Hotel in Atlantic City, New Jersey, USA, October 28-31, 2019.

The conference aims to inform the international aviation community about recent, ongoing, and planned research in transport category airplane fire and cabin safety. The conference is jointly sponsored by the United States Federal Aviation Administration (FAA), the European Union Aviation Safety Agency (EASA), the National Civil Aviation Agency - Brazil (ANAC), the Civil Aviation Authority of Singapore (CAAS), Transport Canada Civil Aviation (TCCA), and the Japan Civil Aviation Bureau (JCAB).

Conference registration and hotel reservation details are available at https://www.fire.tc.faa.gov/Meetings/meeting_details.asp?group=Conference&date=10/28/2019.

For additional information, click here.
 
UTC: Breaking Down the Breakup
7/1/19

By Motley Fool Staff
The Motley Fool

A look at the three businesses to be created out of UTC.

Before United Technologies' aerospace arm merges with Raytheon, the conglomerate is going to first spin its Otis elevator and Carrier HVAC businesses off as independent companies. In this segment of Industry Focus: Energy, Motley Fool's Nick Sciple and Fool.com contributor Lou Whiteman look at the businesses to be created and discuss how investors might view these soon-to-be independent companies.

To watch the video and/or read the transcript, click here.
 
Raytheon and UTC Schedule Shareholders Meetings for Merger Approval
Manufacturing at Raytheon Missile Systems in Tucson, Ariz.
9/10/19

By David Wichner
Arizona Daily Star

Raytheon Co. and United Technologies Corp. have scheduled special shareholder meetings in mid-October to win approval of the companies' proposed mega-merger. Raytheon's shareholders meeting will be held on Friday, Oct. 11, at the New York offices of the law firm Shearman & Sterling LLP.

UTC's shareholders meeting will be held on the same day at UTC Center for Intelligent Buildings in Palm Beach Gardens, Florida, the companies said in a recent joint filing to the U.S. Securities & Exchange Commission. The merger of Raytheon and UTC, announced in early June, would be the defense sector's biggest merger and create a company worth more than $120 billion with annual revenues of about $74 billion.

Read the full article here.
 
UTC Names New Carrier CFO
Carrier Corp. has named Timothy McLevish as its new finance chief. Photo: Daniel Becerril/Reuters
9/13/19

By Nina Trentmann
The Wall Street Journal

Carrier Global Corp. named a new finance chief, a move that comes as the heating-and-cooling-systems company prepares to spin off from United Technologies Corp. next year. The company said Timothy McLevish would become its next chief financial officer, effective Oct. 1. Mr. McLevish replaces acting CFO Mark George, who left to become CFO of railway operator Norfolk Southern Corp.

Carrier, with net sales of $18.9 billion in 2018, offers products and services ranging from air conditioning and refrigerated transport to building security, fire extinguishers and smoke detectors. The company is in the process of separating from United Technologies, the industrial conglomerate that is breaking itself into three entities. After the split, slated to be completed in 2020, Carrier and the Otis elevator business will be separate firms, with United Technologies focusing on aerospace.

Click here to read the full article.
 
Gerald Connolly Appointed as New CEO of Potter
August 2019

Potter

Potter, a leading provider of mission-critical products to the fire and life safety industry, announced it has appointed Gerald Connolly as CEO, effective July 29. As had been planned since Gryphon Investors made a majority investment in the Company in 2017, Mr. Connolly succeeds Bernie Lears, who has elected to retire after almost 40 years with the Company and who will continue to serve on Potter's Board of Directors as a Vice Chairman.

Mr. Lears served Potter in numerous roles, including as President and CEO for the past 21 years of the Company's 120-year history. He solidified the Company's commitment to quality and customer service, which has become its cornerstone.

Click here to finish reading this article.
 
Company Offers Possible Answers to Lithium-Ion Battery Fires
9/5/19

By MDM Publishing LTD
International Fire Protection

Firechief is proud to introduce the Firechief Lith-Ex extinguisher range, the fire extinguishers available for tackling Lithium-Ion battery fires. The high performance Lith-Ex extinguishers contain AVD (Aqueous Vermiculite Dispersion) compound - a revolutionary fire extinguishing agent - and are designed to target high risk fires of a limited size. They are suited to confined spaces such as homes, hotel rooms, vehicles, public transport, aviation, marine or leisure and dedicated processes where in all instance's fires need to be suppressed in their infancy before developing into a fully established fire.

To continue reading this article, click here.
 
Battelle to Study Fire Fighting Forms for DOD
8/6/19

By Matthew Nelson
ExecutiveBiz

Battelle is set to study commercial off-the-shelf fluorine-free fire suppression foams to validate if they have met military specifications.

Funded by the Department of Defense's Environmental Security Technology Certification Program, the project seeks to confirm the capacity of firefighting technologies in achieving stringent burnback and extinguishment requirements, the company said.

Click here to finish reading this story.

Unlicensed Sprinkler Contractor Kicked Off Louisville Project - Contractor and Simplex Grinnell Protest
Moxy, shown here, and Hotel Distil are slated to open on Whiskey Row in November. Photo by Kevin Gibson
8/6/19

By Joe Sonka
Insider Louisville

The Metro Department of Codes and Regulations issued a written warning on May 31 to a contractor working on the construction of a new twin hotel project on Whiskey Row downtown, declaring that it was violating state and city law by subcontracting an unlicensed company to install the hotels' fire sprinkler system.

A spokeswoman from Louisville Forward also confirmed that the unlicensed subcontractor improperly installed the hotels' sprinkler system, which was now being replaced by new contractors.

Click here to read more of this article.
 
CASP Aerospace (Canada) To Service Ansul Extinguishers
CASP Aerospace is the only Canadian AMO that is a factory approved repair facility for Collins Aerospace (Kidde Aerospace and B/E Aerospace), Meggitt (Pacific Scientific) and Fire Fighting Enterprises as well as other major manufacturers of safety and life support equipment. CASP Aerospace Photo
8/6/19

CASP Aerospace Press Release
Skies Magazine

CASP Aerospace announced the recent appointment as Canadian distributor and approved repair station for ANSUL-Tyco fire extinguishers. CASP Aerospace has been maintaining aviation fire extinguishers of all types and for all aircraft applications since 1988, servicing commercial, business and military customers.

"We are pleased to add ANSUL-Tyco's clean agent fire extinguishers to our list of capabilities," explained Abdel Basset Sebei, sales and business development manager at CASP Aerospace. "We are continuously looking at ways to expand our capabilities in order to meet the needs of our customers."

Click here to read the full article.
 
Payment Within 7 Days!
NFPA Releases Energy Storage System Standard
9/11/19

By Cathy Longley
NFPA Xchange

NFPA has released NFPA 855, Standard for the Installation of Stationary Energy Storage Systems to help engineers, manufacturers, code enforcers, first responders, and policy makers address potential challenges and obstacles related to energy storage system (ESS) installations.

The popularity of energy storage systems has been growing steadily for years. Businesses, consumers and government officials are increasingly recognizing the cost savings and efficiencies that come with capturing energy via solar and wind technologies; reserving resources for peak usage periods; and replenishing power at night when rates are typically lower. In fact, Global deployment of ESS is expected to expand thirteen times in size by 2024, with the greatest growth occurring in the United States and China, according to industry expert Wood Mackenzie Power & Renewable.

Read more of this article here.
 
Fire Closes Restaurant
Parkersburg firefighters are shown at Texas Roadhouse in the Traffic Circle after extinguishing a fire that ignited in the restaurant's ductwork. The restaurant will be temporarily closed for cleaning and repairs. (Photo by Evan Bevins)
8/6/19

By Evan Bevins, Staff Reporter
The Parkersburg News and Sentinel

PARKERSBURG -- Texas Roadhouse in the Traffic Circle is temporarily closed after a grease fire in its ductwork.

Parkersburg Fire Chief Jason Matthews said firefighters were dispatched to the Parkersburg restaurant at 5:04 p.m. and arrived on scene three minutes later. Black smoke and flames were visible on the roof when they arrived.

Firefighters used dry chemical extinguishers inside the kitchen and sprayed a hose from above to douse the flames, Matthews said. The fire was out by 5:15 p.m., he said.

Click here to finish this story.
 
Suppression System Saves Gas Station
8/23/19

By Ethan Forman, Staff Writer
The Salem News

DANVERS -- Police are investigating an early morning hit-and-run crash at a Route 1 Gulf station not far from the Topsfield line in which a pickup crashed into the gas pumps, Danvers police and fire officials said.

No one was injured in the incident, said fire Chief Robert Pyburn, though one of the gas pumps caught fire.

"The fire was quickly extinguished by the fire suppression system," read a statement from police.

Finish reading this article here.
 
Conception Crew Members Were Sleeping When Fire Broke Out
The burned hulk of the Conception is brought to the surface by a salvage team off Santa Cruz Island. (Brian van der Brug/Los Angeles Times)
9/12/19

By Mark Puente, Richard Winton, Leila Miller, Hannah Fry
Los Angeles Times

SANTA BARBARA -- All crew members were asleep when the Conception caught fire early on Labor Day, the National Transportation Safety Board said, a major revelation in the investigation of the worst maritime disaster in modern California history.

The agency's preliminary report said "at the time of the fire, five crewmembers were asleep in berths behind the wheelhouse, and one crewmember was asleep in the bunkroom." The boat was required by federal law to have a night watchman who was awake and could alert others to fire and other dangers, said NTSB board member Jennifer Homendy.

Click here to read this article in full.
 
Johnson Controls Buybacks Will Propel Stock Higher
9/18/19

By Mark Hake CFA
Seeking Alpha

Johnson Controls International plc (JCI) sold off its Power Solutions division for net proceeds of $11.6 billion in April. JCI used $5 billion of the proceeds to reduce its gross debt from $12.4 billion to $7.3 billion during the June quarter.

JCI also bought back shares for a combined total of $4.2 billion. Over the next year and a quarter to Sept. 2020 (its fiscal year-end 2020), Johnson Controls has also committed to repurchase another $3.1 billion worth of shares.

Click here to continue reading this article.
 
Australian Airline Bans Apple Laptops Amid Global Fire Risk
8/27/19

Macquarie National News
2GB 873

Virgin has become the first Australian airline to ban all Apple MacBooks from checked-in luggage amid fears about faulty batteries.

The ban came into effect last month, meaning the laptops can only be placed in carry-on baggage until further notice.

Read the full story here.

ifssIFSS Secures Equity Funding to Drive Growth in Southeast (US)
8/7/19

By Paul Ragusa
Security Systems News

Equity will be used for acquisitions and to expand go-to-market strategy

FORT MYERS, Fla. -- Integrated Fire and Security Solutions Inc. (IFSS), a provider in the delivery of integrated security, IT and fire technologies and services across Florida, recently announced that it has received a private equity investment to drive strategic growth and further build its presence in the dynamic Southeastern U.S. market.

The sizable investment will be used to expand sales operations, acquire similarly aligned service providers and boost service offerings focused on recurring revenue services.

Finish the article here.
 
convergintConvergint Technologies Acquires Life Safety Solutions
9/6/19

By SSN Staff
Security Systems News

SCHAUMBURG, Ill. -- Convergint Technologies announced the acquisition of Virginia-based Life Safety Solutions Integrators (LSSI), an innovative provider of fire alarm, life safety and security solutions, with over four decades of experience in the market.

"LSSI has built strong relationships with its customers by focusing on a service-driven business model that complements our own," Ken Lochiatto, CEO of Convergint Technologies, said in the announcement. "We share in the belief that service to our customers and to our colleagues is paramount, and this was what drove us to join forces with LSSI. We greatly look forward to having our new colleagues add their talents to Convergint."

Read the rest of this story here.
 
tlcTLC Engineering Solutions Acquires LaSalle Engineering
8/8/19

By Greg Thompson
Healthcare Design

TLC Engineering Solutions, Inc., has acquired LaSalle Engineering, LLC, a Philadelphia-based life safety and fire protection engineering firm. This action expands TLC's ability to provide life safety consulting and fire protection engineering, as well as introducing TLC's other engineering disciplines to existing LaSalle clients across the mid-Atlantic region. All technical employees of LaSalle are joining TLC immediately as they continue to support current clients and projects.

Read the entire article here.

performanceRiverside Acquires Performance Systems Integration
8/19/19

By Jeremy Nobile
Crain's Cleveland Business

The Riverside Co. has acquired fire and life safety business Performance Systems Integration, headquartered in Portland, Ore., as its latest platform company.

Terms of the deal were not disclosed. Riverside bought the company from Peterson Partners, a Utah-based private equity firm that acquired PSI in 2014.

The rest of this story can be found here.
 
engine_roomShipboard Engine Room Fires - Maintenance is Key
The fire on board Black Watch took two and a half hours to put out (Image: Fred Olsen Cruise Lines)
7/30/19

By Selwyn Parker
Riviera

An engineroom fire may result from the most innocuous of causes, but the consequences can be dire in the extreme

Disabled by fire west of Marseille on 28 July this year, the roro Marfret Niolon became the latest vessel to suffer that most feared of sea-going events, an engineroom explosion.

Although the crew managed to extinguish the fire and the ship got back to Marseille, the incident serves to highlight the ever-present dangers that exists wherever hard-working engines are present.

Read the full story here.
 
basilicaWorld's First Detection and Suppression System?
Interior of the Basilica of St. Paul Outside the Walls (Babizhet, CC BY 2.5, via Wikimedia Commons)
8/31/19

By Kathy Schiffer
National Catholic Register

On the night of July 15, 1823, the Basilica of St. Paul Outside the Walls was nearly destroyed by fire.

The basilica burst into flames and its roof was completely destroyed, as well as many of the interior artworks. No one was certain whether the fire had been caused by a careless workman or by political arson. Some thought that it should be redesigned to accommodate the changing times; but the pope said no - it should be restored to its former glory.

Click here to read the rest of this story.
 
tank_farmsSpecial Hazards: Protecting Large Tank Farms
PYROVIEW thermographic camera in weatherproof enclosure.
9/4/19

By Michael Daub and Torsten Welz
International Fire Protection

Tank farms are used for the storage of highly flammable and explosive substances; Consequently, preventive fire protection is of major importance. When rehabilitation of such a tank farm is planned, contractors often recommend extensive - and thus costly - measures. A fire-protection solution developed by TÜV SÜD demonstrates that an equivalent level of safety can also be reached with a far more cost-effective solution. A central role in damage limitation is played by early fire detection using thermographic cameras.

Finish reading this article here.
 
Most Popular Stories from July 2019

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