Exacq Shutting Down US Manufacturing

Author: John Honovich, Published on Feb 13, 2017

Just weeks after Exacq's 3 co-founders resigned, JCI / Tyco is shutting down Exacq's US manufacturing and laying off employees.

Inside this note, we share Tyco Security Product's response, examine what is happening and what this means for the company.

**** ***** **********'* * **-******** ********, *** / **** ** ******** **** *****'* ** ************* and ****** *** *********.

****** **** ****, ** ***** **** ******** *******'* ********, ******* what ** ********* *** **** **** ***** *** *** *******.

[***************]

Shutting ****

***** ** ******** **** *** ** ************* ********** **** ******, laying *** ~** ** *******. ********** **** ** ***** ** Toronto ***** ****** **** ******** ******** ********** ************* ***** ********.

**** ******** ******** ******** ** *** ********* *********:

“*** ******** ** **** ***** ********** ** *** ********** [*******] facility *** **** ** **** ********* ** *** ****’* ************ and ******** *** ******* *** ********* ******* ** ******. ***** products **** ** ************ ********* ***** **** ******** ******* ******,” said**** *******, **** *********, ****** ****** *****, **** ******** ********. “************* ************* ********** ** **********, ********** *** *** ** time ******** ************ *** ********* ****** ******, ****** ***** ******** to *** ********* *** ********* *** ******* ************ *** ********* operations ** ****.”

***** ***** ** ***** ********* ******** **** *** ***** **** frame ** **** ************* ***** ******* ********** *** ****, ** the **** ****, ***** **** *****'* ******* ******** **** *** reduce ******** ************ ***** *** ******** ******** ******* *****'* *********** team, ***** (** ***** ***) ** ******* *** ************* ** Canada.

** *** ******** ****, ***** ******* ******** **** *** ******* plant ** ******, ******* ******** ***** **** **** *** *** certification / *********** ** ********* **** *****'* ******** *** ***.

Never ******** *******

***** *** ***** ******* ******** *** '**** ** *** ***' angle *** *** ********* **** ******* ***** ** ********* ***** in-country ********** ********. ** ********, ** ***** ***** ****, ***** does ******* ***** ***** **** ** *** ***.

Trump ******

**** ** *** *** *** ****** **** ********* ******** **** it *** *** **** ***** **** ***** ******** *********. ***** could **** ***** ********* ** **** *********. ** *** ***** hand, *** *********** ***** **** ** **** **** ** ***** mid ******* ************* ** ******** ** ***** **** ***** ** the ***** / *** ***********.

What ** ****?

**** *****'* **-******** **** *** ************* ******** **** *****'* **, there ** *********** ******* ***** **** ** ****. *** ********, people ***** ** *** ******* *** *** ********* ***** ******* tech ******* ** ***** ********* **** ** ***** / ******* from *** **.

Comments (33)

Thumbnail 1981

Armando Perez

IPVMU Certified | 02/13/17 12:15pm

****** ** **** ******* ********** ******* * *** **** *** translate ***** ****** **** ** ** **********... ****.

******* ******** ********** *** **

Thumbnail bg2a9527c

Adam Messina

ThinkReps | 02/13/17 12:33pm

**** ******** ****** ** ******* **** * ***** **** ** a ****** ** * *****. * **** **** ****.

Thumbnail 1981

Armando Perez

IPVMU Certified | In reply to Adam Messina | 02/13/17 12:38pm

**********, ******** *** *** *** **** ********* ** **** ****.

John Honovich

IPVM | 02/13/17 12:35pm

******** ** ***: *** **** *********** ************ **** *** **** to ******* ** ******* / ****** *** **** *** ********** of ****** *** ****** ** ***** **?

***** ***** ** ** ***** ***** **** *** ******* ****** than *** *******, ** **** ** **** ***** ** '****' with ****?

Thumbnail bg2a9527c

Adam Messina

ThinkReps | In reply to John Honovich | 02/13/17 12:43pm

**********: * ****** *** ***** *** *** **** ***********. **'* big ******* *********. *** *********, ******* *** ***** *** ** it, **** **** ** ** *** ****. *** ****** ****** the ********* **** ****** ***** ****** ** *** **** ** Fishers. **** **** **** ***** ** ****. **** ** *** a *****, ******* * ** **** **** ***** **** *** it ** * ***** ****, *** *** * ******* ** so, ***** ********** **** **** * *****. ** ** **** sad **** *** ****** **** **** *** ******* *** ******* what ** ** **** ** ****.

Thumbnail budalich picture

Michael Budalich

Hanwha Techwin | In reply to Adam Messina | 02/13/17 01:38pm

****** ** *** ********. *'* ******* ** *** **** *** release ***** **** ** ** ****** ******** ** *****. * remember ** * *** *** **** *** ******** **** ****** into *** ********. ** *** ******** ** ********* ****. **** is ** *** *** ******** ***** ** *** ******** ** what ******* ***** *** ********* *** *** ******* ****.

Undisclosed Integrator #1

02/13/17 01:13pm

** ********** *** **** **** **** **** **** * *******, it's ********. ** ******* ***** **** ******* ***** **** ********.

Thumbnail baker at psa tec

Charles Baker

In reply to Undisclosed Integrator #1 | 02/14/17 11:07am

***** * ***** ******* **** *** *********, **** **** *** screwed ** *** ******* ****** ******* ****, *** *** *** line...........both ** ***** ****** ********* ********, **** **** **** ******* and ******* ************.

**** *****, ***** ** ******** ********................ :(

Paul Haake

In reply to Charles Baker | 02/17/17 10:55am

*** ********...

Thumbnail best shot

John Williams

In reply to Paul Haake | 02/21/17 01:37pm

****, ** ** *** **** ** *******, ******** ** ** Maintenance ** ** **** ***********.

***** ******** ** ******** ***** *** ******.

Michael Fusco

02/13/17 05:09pm

****** ***** ** **** * ****** ******** ************* ******. **-***** companies *** ***** ********** ********** ********* *** **** ** ***** it *** **** *** *** * *****-***** ******* **** ****** is **** ** ** ** - ********, ***, ******, *******, Viscount, ***.

John Honovich

IPVM | In reply to Michael Fusco | 02/13/17 05:20pm

****** ***** ** **** * ****** ******** ************* ******...********, ***, ******, *******, ********

* ** **** *** ** *******, *** *** ** **** about ********.

**** **********'* **** ****** ** **** ********* ********** *** * *********:

****** ***** ********'* ***** ***** ** ~*.

***** ***** *** *'** ****** ******** ***** ********'* *** ****** despite ***** *** **********.

Undisclosed #2

In reply to John Honovich | 02/13/17 05:33pm

****** ***** ********'* ***** ***** ** ~*.

**** ****** *****!

Michael Fusco

In reply to John Honovich | 02/13/17 08:12pm

**** *** * **-**** *** ******* **** *** * ******* legacy ******** ********* **** ** ***** ******* *** * ***** their ******** *** **** **** **** ******* **** *** ******* too **** ** *** **** ****** **** **********/***** *****. *** thats **** ***** ** ** *** ********* ********** **** ***** products *** *** *******..

Undisclosed #2

02/14/17 01:45am

*** **** *** **** ** ***** ***** ** **** ********?

Thumbnail win 20170320 10 17 46 pro 3

David Coughlin

| In reply to Undisclosed #2 | 02/14/17 08:24am

**** ** * ***** ********. * ****** **** *** ***** NVR ********. ** *** ******** ******* ***** ****, **** **** does *** ****** **… ****** ** ****** *** ** ******* in *******.

Neville Walker

02/14/17 05:18am

***** ** *** **** *** ************** "****** ******* ***** *****".

Undisclosed #3

In reply to Neville Walker | 02/14/17 06:26am

*** *******, *** ***** ** *** *** *** **** *********. How ** ** ** **** * ***?

Undisclosed Integrator #4

In reply to Neville Walker | 02/14/17 08:18am

**** ** *** * ***** *** **** ******** *********.

Thumbnail image

Jon Dillabaugh

Pro Focus LLC | In reply to Undisclosed Integrator #4 | 02/14/17 08:20am

* ********. ***** *** ***** ****** *** ********* ** *** article, **** ** ** *****. *** **** *** ***'* **** it *****'* **** ** ** *** ****.

Undisclosed Integrator #8

In reply to Neville Walker | 02/23/17 08:49am

*******,

***** *** ******* ** *** ********, *** *** ** ** a ****** **** ***** ********* ****** ******** (*** ** *****) more ** ** ******** **** ** **** ****, *****. *** might **** ******** *** ******** ******* *********** ** *** ********* News ******* *** *** ** *** **** **** ****, *** you ******* ********** *** ********* *********.

Jamie Pugh

02/14/17 08:11am

***** **** * *** **** ** * ********. ***** **** Canada **** **** **** ***** ************* ** ** **** **** so ****** *** **** *** * ** * **** **** we ********* *** *** ** ***** ******. ***** **** *** a ***** ***** *** ***** *** ******** *********.

**** ****, * **** ******** ***** ****/***'* ******* ** **** a ***** ******* *****. *'** ** ******* * ***** *** on **** *** ******** ***** ******** *** ** ** ** the ****** ******/*****.

Thumbnail image

Jon Dillabaugh

Pro Focus LLC | 02/14/17 08:14am

***** **** ******, ****** ****** ***** *****!

Undisclosed Manufacturer #5

In reply to Jon Dillabaugh | 02/14/17 12:29pm

*** ** *** *** *********, *** **. ********* **** **** Saturday ***** **** ***** *****. :-)

Undisclosed #2

In reply to Jon Dillabaugh | 02/14/17 01:50pm

Thumbnail image

Jon Dillabaugh

Pro Focus LLC | In reply to Undisclosed #2 | 02/14/17 01:52pm

* **** ******** *** @***** ****** ** *******.... ¯\*(ツ)*/¯

Thumbnail 1981

Armando Perez

IPVMU Certified | In reply to Undisclosed #2 | 02/14/17 01:58pm

***** *** ** *** ******** ****** *** **** ** * loooong ****

Michael McRoy

02/14/17 09:17am

** *** **** * ****** ** **** **** **** ***** screw *** *****. ******* *********** ***** * ***** ******* *** providing ******** **** **** *** *** ** *** ******* *** we ********* *** ********* ********** ** **** ** *** ********.

Undisclosed #6

02/14/17 09:44pm

~** ****** *** ****** ***** **** ** *******.

** **** ********* *** ***** ******** ******* **** - ** ** **** simply **** ** **** *** ***** ******** *** ** ***** before **** ****?

*.*. * ***** **** **** ** * ***** ** **** - ******* ***** ** *** **** ** ***** ****.

***** ** *** ******* ** '*** ********', *** *** **** that ~** ******'* *********** *** ** ********, * ***** ****** that *** *** ******** **** *** ******** ****** **** ** quick ** ***** - ** ***** *** ~** ****** **** they've ****** ********* *** **** ***** -****** **** ******* **** ** **, ***** ***** *** **** records *** **** ** **** ****.

** ***'* ** * '****** *****' - ** **** ** ~immediate ** *** ** ***.

Thumbnail 1981

Armando Perez

IPVMU Certified | In reply to Undisclosed #6 | 02/14/17 09:53pm

** **** **** ******** ******* ** ********* **** **** ** be ****** ***** *********. **'* ** ************* **** **** *** expecting **. ****, * ******'* ****** **** *** ****** ** this ** ************, *** ********, *** * **** **** ******** experience ** ** ****** ******** ****** *** **** **** ***** the ****** **** **** **** *** ******** ********* ******* *******, may **** **** **** ** * *********** **** *** ***** of *** ********* *** ***. **** *** ****, *** **** have ** **** ******* **** **** ******* ***** ***'** ** longer *** ****.

Undisclosed #6

In reply to Armando Perez | 02/14/17 09:59pm

****'* *** ** ****....

*** *** *** ***** ******* **** **** ****** **** - but *** *** ** * ****** ***** ***** *** **** part. :(

Thumbnail 1981

Armando Perez

IPVMU Certified | In reply to Undisclosed #6 | 02/14/17 10:03pm

*****'* ***** ****** ***, *** ** *** ***** ** ****.

** ** ***. ***, ** ** *** ** * **** good *******. *** ********* ***'* **** ********.

Undisclosed #7

02/21/17 04:06pm

****** ** **********. ***** ***** ** * ****** *********.

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