www.ushalonbank.com   1.800.433.1751                                   January 2020 - Vol 3, Issue 29
AE Industrial Partners Acquires American Pacific - Makers of Halotron
Belarus to Stop Importing ODS
UTC-Raytheon Megadeal Approved by the European Commission
Inspection Report Shows Problems with Suppression System Prior to Fire
CO2 System Discharge Renders Man Unconscious
Johnson Controls CEO & Chairman Sold $823,821 of Shares
Pictures from the FSSA 38th Annual Forum
Most Popular Stories from January 2020
Studies and Reports
Mergers and Acquisitions
AE Industrial Partners Acquires American Pacific - Makers of Halotron

By PR Newswire
Yahoo! Finance

BOCA RATON, Fla. -- AE Industrial Partners, LP, a private equity firm specializing in Aerospace, Defense & Government Services, Power Generation, and Specialty Industrial markets, announced that affiliates of AEI have acquired American Pacific Corporation, a leading specialty materials manufacturer of critical chemicals for some of the U.S. Government's most vital military and space programs, from Huntsman Family Investments, the family office of Jon M. Huntsman, Sr., and its affiliates.

Terms of the transaction were not disclosed. American Pacific represents the fifteenth platform investment closed by AEI since 2015.

To read this article in full, click here.

utcUTC Stock Price Drops Due to Coronavirus Concerns
A screen shows the Dow Jones Industrial Average in the red after the opening bell on the floor at the New York Stock Exchange in Manhattan. United Technologies Corp. was the biggest loser among the 30 Dow Jones Industrial Average components, ending the day down more than 9%. (Jeenah Moon/The New York Times)

By Stephen Singer
Hartford Courant

United Technologies Corp. had the worst performance among the 30 industrial components of the Dow Jones Industrial Average as investors dumped stocks on renewed worries over the spread of the coronavirus.

Shares of the aviation, aerospace and building systems manufacturer closed the day at $126.44, down more than 9%.

Boeing Co., which has been reeling following the grounding of the 737 Max after two fatal crashes, was down 8%, at $260.37.

To continue reading this article, click here.
Belarus to Stop Importing ODS
Photo from nstar.ru


MINSK -- Belarus has stopped importing ozone-depleting substances, BelTA learned from the press service of the Ministry of Natural Resources and Environmental Protection of Belarus.

"In accordance with Belarus' obligations under the Montreal Protocol, the country stopped importing ozone-depleting substances in 2019. To ensure the maintenance and operation of equipment and technical devices running on such substances, the country has made stockpiles and also established the processes of recycling and recovery of ozone-depleting substances," the press service noted.

The Ministry of Natural Resources and Environmental Protection is preparing to ratify the Kigali Amendment to the Montreal Protocol on Substances that Deplete the Ozone Layer to phase down hydrofluorocarbon regulation (HFCs). Changes have been made to the law on the protection of the ozone layer, according to which natural resource users are required to carry out an inventory of equipment containing HFCs. Preliminary baseline data for ratification of the Kigali Amendment have been collected, and plans have been drawn up to phase out the production and consumption of HFCs in the country.

Continue reading this story here.
UTC-Raytheon Megadeal Approved by the European Commission

By Richard Craver
Winston-Salem Journal

The United Technologies Corp.'s megadeal offer for Raytheon Co. gained approval from the European Commission, one of two key anti-trust regulatory steps.

UTC has about 1,500 employees with its Collins Aerospace division in Winston-Salem.

UTC's proposed purchase of the defense-industry giant, announced June 9, would form a company valued at $128.8 billion. UTC shareholders would own 57% of what would be called Raytheon Technologies Corp.

Read the full story here.
foamFoam System Malfunction Floods Airport Hanger


MANASSAS, Va. -- A firefighting malfunction left a frothy mess at a northern Virginia airport when foam filled a hangar and spilled out onto a nearby road.

Officials in the city of Manassas said Wakeman Drive leading to Manassas Regional Airport was closed as workers began cleaning up the mess.

Click here to finish reading this story.
Inspection Report Shows Problems with Suppression System Prior to Fire

By Lucas Geisler
ABC17 News

SALINE COUNTY, Mo. -- State fire investigators noted past problems with a fire suppression system at a gas station that burned down in November.

The report from the Missouri State Fire Marshal said the hood suppression system attached to grills in the Dairy Queen restaurant weren't properly installed to Laboratory Underwriters standards. The work order from Keller Fire and Safety also noted the system filters were dirty and that the appliances were "not properly covered with correct nozzles."

Read the full article here.
pfasUS House of Representatives Votes to Regulate PFAS - Here is What You Need to Know

By Isabella Isaacs-Thomas

A class of industrial chemicals linked to a range of health effects, including reproductive and developmental issues, has become a hot-button issue on Capitol Hill, on the presidential campaign trail and in state legislatures across the country.

The U.S. House of Representatives approved a bill in January that would set a deadline for the Environmental Protection Agency to implement a national drinking water standard for per- and polyfluoroalkyl substances, commonly known as PFAS.

To read the rest of the story, click here.
refineryTexas Refinery Fire Controlled by Local FD

By Greg Chandler
Kris 6 News

CORPUS CHRISTI, Texas -- A massive fire caused by a gas pipeline burned for about 90 minutes in an area near Interstate 37 and Buddy Lawrence Drive, causing disruption in the surrounding areas.

Traffic on I-37 temporarily was closed until mid-morning. AEP reported a power outage at 8:38 a.m., affecting about 723 customers. CCISD Police Chief said Oak Park Elementary, Driscoll Middle School and Miller High School were told to shelter-in-place.

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CO2 System Discharge Renders Man Unconscious
A fire department commanding officer's vehicle in the Haaglanden region. June 7, 2019 (cakifoto/Deposit Photos)

By Zack Newmark
NL Times

One man was rushed to the hospital after an automatic fire suppression system was triggered in an indoor car park, choking off the victim's oxygen supply, emergency services providers confirm to NL Times. There was no fire in the building when the automatic system activated, causing the man to breathe in an abundance of the carbon dioxide gas used in the installation.

First responders were dispatched to the scene shortly after 8:15 a.m. A trauma team was also sent by helicopter less than ten minutes later.

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emiratesFlawed Firefighting Procedures Preceded Fatal Emirates 777 Explosion
Source: UAE GCAA
Ignition of the center tank blasted an upper skin panel from the wing

By David Kaminski-Morrow

Flawed firefighting tactics and inadequate accident site surveillance contributed to the sole fatality after an Emirates Boeing 777-300 crashed on the runway at Dubai during a failed go-around.

While two initial foam vehicles - known as Fire 6 and Fire 10 - arrived at the scene of the accident within 90s, they parked behind the trailing edge of the right wing.

This wing was in contact with the ground owing to the retracted landing-gear and separation of the right engine, obscuring the view of the fuselage underside and a fire which had broken out in the right-hand landing-gear bay.

Read more of this article here.
Johnson Controls CEO & Chairman Sold $823,821 of Shares


Chairman & CEO of Johnson Controls International Plc George Oliver sold 22,350 shares of JCI on 03/02/2020 at an average price of $36.86 a share. The total sale was $823,821.

Johnson Controls International PLC has a market cap of $28.97 billion; its shares were traded at around $37.98 with a P/E ratio of 5.99 and P/S ratio of 1.32.

Finish reading this story by clicking here.
airbusAirbus to Cut Over 2,300 Jobs at Defense and Space Divisions

By The Associated Press
The Seattle Times

BERLIN -- European plane maker Airbus said that it plans to cut more than 2,300 jobs at its defense and space division by the end of next year, spreading the cuts across several countries.

The company said Airbus Defence and Space presented the plan to employee representatives and launched a consultation process for the cuts. The plan would eliminate 2,362 positions in all - 829 in Germany, 357 in the U.K., 630 in Spain, 404 in France and 142 elsewhere.

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boeingCan Boeing's Board Right Company?
Grounded 737 MAX passenger planes crowded the south end of Boeing Field in September. The MAX crisis has focused new attention on the company's board of directors, which oversees management. (Alan Berner/Seattle Times)

By Lewis Kamb
The Seattle Times

In December, when Boeing's board of directors fired CEO Dennis Muilenburg, some corporate governance experts and investment analysts wondered what took so long.

By then, the aerospace company's latest iteration of its best-selling airplane, the 737 MAX, had been grounded worldwide for more than nine months following two crashes that killed 346 people.

Investigations, lawsuits and news stories revealing festering internal problems had piled up. Muilenburg faced public grillings and calls for his resignation during Congressional hearings. Revenues and stock values plummeted. Worst of all, Boeing's once sterling reputation for quality and safety was badly tarnished.

Finish reading this article here.

phoneCell Phone Stuck in Reclined Seat Catches Fire on London to Tampa Flight


By Haley Hinds
FOX 13 News

TAMPA, Fla. -- A plane bound for Tampa made an unexpected landing in Bermuda after one of the seats began to smolder.

Passengers on British Airways flight 2167 from London said they were somewhere over the Atlantic Ocean when they noticed smoke coming from the seat.

British Airways says it was caused by a cell phone that fell into a fully-reclined seat, causing its lithium battery to overheat and catch fire.

To read the full story, click here.
batteryCell Phone Battery Catches Fire on United Newark to Bahamas Flight

By Bogdan Popa
Softpedia News

Battery starts fire in passenger's bag during flight

Smartphones aren't the only ones that are prone to overheating, which in turn could cause the device to catch fire or even explode, but also batteries, which so many of us carry around all the time for a quick recharge on the go.

Such a battery, however, caused a United Airbus 320 flying from Newark, New Jersey to the Bahamas to make an emergency landing at the Daytona Beach International Airport after catching fire in a passenger's bag.

Read the full article here.
max737Latest 737 Max Problem - Fuel Tank Fire Risk
Employees work on Boeing 737 Max airplanes March 27, 2019 at the Boeing factory in Renton, Washington. Chicago-based Boeing said Feb. 18, 2020 that it had discovered debris contaminating the fuel tanks of some 737 Max jets it has been unable to deliver to airline customers. The company said it made corrections in its production system to prevent a recurrence. (JASON REDMOND/AFP via Getty Images)

By David Koeing, Associated Press
Chicago Tribune

Boeing said that it found debris contaminating the fuel tanks of some 737 Max jets that it built in the past year but was unable to deliver to airline customers after the aircraft model was grounded worldwide.

A Boeing official said the debris was discovered in "several" planes but did not give a precise number. Boeing built about 400 undelivered Max jets before it temporarily halted production last month.

The fuel tank debris was discovered during maintenance on parked planes, and Chicago-based Boeing said it made corrections in its production system to prevent a recurrence. Those steps include more inspections before fuel tanks are sealed.

A Boeing spokesman said that the issue would not change the company's belief that the Federal Aviation Administration will certify the plane to fly again this summer.

Read the full article here.
sanitizersCOVID-19 - Why Airlines Don't Have Hand Sanitizers On Board Flights

By Mateusz Maszczynski
Paddle Your Own Kanoo

We're seeing an increasing number of airlines making adjustments to their onboard service in an attempt to limit the spread of the COVID-19 Coronavirus. While some carriers, like Cathay Pacific and China Airlines, have taken it to the extreme by stripping planes of blankets and only handing out packaged food on certain flights, other measures are being introduced widely around the world.

Alaska Airlines, for example, is just one of many carriers that have temporarily suspended hot towel service, citing concerns from both passengers and crew over handling dirty and possibly germ-ridden used towels.

Read the full article by clicking here.
billWisconsin Gov Signs Bill Restricting FF Foam

By Associated Press
Wisconsin Law Journal

MADISON, Wis. -- Gov. Tony Evers signed a Republican-sponsored bill that imposes new restrictions on firefighting foam to curb pollution from PFAS chemicals.

The bill prohibits the use of foam containing intentionally added PFAS except in emergency situations. Firefighters will have to undergo training using foam or other substances that don't contain the chemicals.

Foam containing PFAS could be used in testing as long as the state-approved site where that's occurring makes use of containment and disposal measures to prevent releases into the environment.

Violators will be faced with forfeitures of up to $5,000 per incident.

Click here to read this article in full.
solarSolar Power Industry - How Concerned Should They Be About Battery Fires

By Kelly Pickerel
Solar Power World

Plane crashes rarely happen, but the fear of an accident is real for many people. Still, thousands of Americans fly every day. The NBC television drama "This is Us" showed that Crock-Pots can cause house fires, but we're still cooking chilis and roasts while we're away at work.

The threat of energy storage systems causing or contributing to building fires is also real yet incredibly rare, but as adoption grows, life and property well being will become larger concerns.

Click here to continue reading this article.
solasInsurance Union Claims Containership Fire Regulations Inadequate
ID 133214720 © Denys Yelmanov

By Mike Wackett
The Loadstar

The International Union of Marine Insurance (IUMI) claims the SOLAS [safety of life at sea] regulations for fighting a fire onboard a modern ULCV are inadequate.

It calls for amendments to SOLAS Chapter 11-2 regulations regarding enhanced provisions for early fire detection and effective control of fires in containerized cargo stowed under and on deck, in a paper submitted on 10 February to the IMO's Maritime Safety Committee by IUMI and its co-sponsors, including the German Flag State and BIMCO.

Read the full story here.

cargoMis-Declared Cargo at Heart of Containership Fires
The fire on Yantian Express was caused by misdeclared coconut charcoal (Image: Hapag Lloyd/BSU)

By Paul Gunton

February's winter meeting of senior members of the International Union of Marine Insurers (IUMI) took place at a significant moment: less than two weeks after Germany's Federal Bureau of Maritime Casualty Investigation (BSU) had published its report into the cargo fire in January 2019 on board Hapag Lloyd's 7,510TEU Yantian Express.

Its conclusion was that the fire had started in a container of coconut charcoal, which had been mis-declared as coconut pellets. Tests by Germany's Federal Institute for Materials Research and Testing found that, when carried in the sort of volume that would fit into a container, coconut charcoal's self-ignition temperature is about 50°C.

Finish the article here.
Pictures from the FSSA 38th Annual Forum
This year's FSSA Annual Forum took place on February 20-24, 2020 at the Margaritaville Resort in Orlando, Florida. Here are a few of the pictures taken at the event. Click here to see even more of the photos!

duraquenchCase Study: DuraQuench® - Cost-Effective Alternative to Sprinklers in Restaurant Construction


During its scheduled 20-year renovation project, a major fast-food restaurant in Pennsylvania learned that the flow rate supplied from its main hydrant/riser supply line (about 350 gpm) was too low to support its sprinkler systems within local fire codes (about 500 gpm). Growth in the area had placed additional demand on the local water main over the intervening years, making a once-suitable water supply, no longer adequate.

To remain within code and in operation, the restaurant had two options: install a water tank with a fire sprinkler pump, or trench to the other side of a major thoroughfare to upgrade the water supply line serving the building. Both options would require a significant financial investment, delay the restaurant's re-opening and postpone remaining renovation work.

Click here to finish reading this article.
tunnelsFire Protection and Safety in Tunnels
Atmosphere monitoring and efficient ventilation are essential for ensuring mine safety. Photo by ilka val on Pixabay

Mining Technology

Dangerous equipment and potentially toxic gases in underground tunnels makes the mining industry particularly susceptible to the risk of workplace fires. Fire protection and safety in tunnels is essential.

Fire in an underground mine can prove fatal, especially when working in confined spaces with ventilation systems that are not optimised and limited evacuation routes. The presence of gas such as methane in tunnels also introduces the risk of catastrophic explosion.

The Mine Safety and Health Administration and PPE manufactures continue to work to develop safety equipment to prevent fires or protect works in emergency scenarios.

Click here to read the rest of this article.
alarm3 New Fire Alarm Technologies to Consider

By Wayne D. Moore and Larry D. Rietz

These advances may bring huge advantages with little initial cost.

When you are planning to upgrade or replace an existing fire alarm system, it would be inappropriate to assume you cannot afford to add better features and functionality. In fact, it would be unfortunate not to take advantage of technological advances in the fire alarm market such as wireless technology, supervising station reporting technology, and new loudspeaker technology for voice systems. A close look at these features shows that using new technology often can provide many advantages with relatively similar costs to continuing to use older technology.

Read the full story here.
bsafe_diamondB-Safe Acquires Diamond Electronics of NJ
B Safe Security has acquired Diamond Electronics for undisclosed terms.

By SSI Staff
Security Sales & Integration

Founded in 1978, B Safe is a full-service provider of security and fire/life-safety systems to businesses, educational institutions, governments and homes.

WILMINGTON, Delaware -- B Safe Security, a regional provider of security and fire/life-safety systems to clients in Delaware, Maryland, New Jersey and Pennsylvania, has acquired Diamond Electronics of Hightstown, N.J.

Terms of the transaction were not disclosed.

Click here to read the full article.
riversideRiverside Company Acquires Advanced Fire and Safety (Washington state)

By Jeremy Nobile
Crain's Cleveland Business

The Riverside Co. has acquired Advance Fire & Safety, a provider of fire and life safety services in Washington state, as an add-on to its Performance Systems Integration platform company.

Terms of the deal, the first tuck-in acquisition for Oregon-based PSI since Riverside bought it in August 2019, were not disclosed.

Finishing reading this article by clicking here.
jensenJensen Hughes Acquires L2 Fire and Safety (Finland)

By Jensen Hughes; L2 Fire Safety; Gryphon Investors
Herald-Mail Media

BALTIMORE -- Jensen Hughes, a global leader in safety, security and risk-based engineering and consulting, announced its acquisition of L2 Fire Safety, the top fire safety engineering firm in Finland with a specialization in code consulting and performance-based design work for large, complex projects.

Over the last few years, Jensen Hughes, a portfolio company of Gryphon Investors, has made a number of investments in prominent fire protection engineering firms worldwide, beginning with its acquisition of UK and Ireland-based firm, Jeremy Gardner Associates (JGA) in 2018 and its most recent acquisitions of IFIC based in Glasgow and SAFire, based in Seoul. L2 is one of the leading voices championing higher standards in the Finnish fire safety engineering industry, and since its founding, has been a part of most major construction projects across the country.

Read the full article here.

Most Popular Stories from January 2020

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