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Tyco International


Tyco International Ltd.  is a Swiss security systems company incorporated in Switzerland, with United States operational headquarters in Princeton, New Jersey (Tyco International (US) Inc.). Tyco International is composed of three major business segments: Security Solutions, Fire Protection and Flow Control.In June 2007, Tyco concluded a corporate separation that split the company into three publicly independent companies: Covidien Ltd. (formerly Tyco Healthcare), Tyco Electronics Ltd. (now TE Connectivity Ltd.) and Tyco International Ltd. (formerly Tyco Fire & Security and Tyco Engineered Products & Services (TFS/TEPS)).Tyco International announced in January 2010 that it is acquiring Brink's Home Security Holdings, (operating as Broadview Security) in a transaction valued at $2.0 billion. It is reported that Broadview Security will merge into Tyco's ADT Security Services division.Tyco Printed Circuit Group (TPCG) of Stamford, Connecticut, was sentenced on 12 counts of violationing the Clean Water Act in August 2004. The plea agreement called for TPCG to pay a total of $10 million in fines. Of that amount, 6 million was paid as a federal criminal fine; $2.7 million went to the Connecticut Department of Environmental Protection's (DEP) natural resources fund; the Towns of Stafford and Manchester received $500,000 each to fund improvements in their sewer and water treatment system; and $300,000 was paid for recycling deionized and other wastewater at the company's Stafford, Staffordville facilities. Between 1999 and June 2001, TPCG managers at the company's Stafford, Staffordville and Manchester facilities engaged in a variety of practices that caused the facilities to discharge wastewater with higher than permitted levels of pollutants into municipal sewage treatment systems. The illegal practices included, but were not limited to, diluting potentially non-compliant [wastewater samples, discarding samples with excessive levels of toxic metals, and omitting samples that were not in compliance for pH. Daniel R. Callahan, the former Director of Environmental Health and Safety of Stafford Division of Tyco Printed Circuit Group, pled guilty to violating the Clean Water Act on November 17 of 2003. Callahan falsified reports submitted to the Connecticut Department of Environmental Protection (DEP). The reports failed to include the fact that a "batch tank" had been discharged into the Manchester public sewer system. Tyco's DEP permit required that all discharges into public sewer systems be reported. Tyco was 41st on the 2002 Political Economy Research Institute's (PERI) Toxic 100.When Tyco acquired Ansul, it also became responsible for the arsenic salt contamination to their local environment. Q.v. Ansul: Environmental record.
Net income $ 1.733 million (2011)

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