First Trade Date for Tyco International Ltd.
Company Name | First Trade Date (yyyy-mm-dd) |
Tyco International Ltd. | 1974-01-16 |
Company Name | Symbol |
Tyco International Ltd. | TYC |
History and Business of Company (this information may include date of incorporation) | |
Tyco International Ltd. ("we" or "Tyco") is a diversified manufacturing and service company that, through its subsidiaries: • designs, manufactures, installs, monitors and services electronic security and fire protection systems; • designs, manufactures and distributes electrical and electronic components, and designs, manufactures, installs, operates and maintains undersea fiber optic cable communications systems; • designs, manufactures and distributes medical devices and supplies, imaging agents, pharmaceuticals and adult incontinence and infant care products; • designs, manufactures, distributes and services engineered products including industrial valves and controls and steel tubular goods and provides environmental and other industrial consulting services; and • designs, manufactures and distributes plastic products, adhesives and films. See Notes 3 and 4 to the Consolidated Financial Statements for certain segment and geographic financial data relating to our business. Tyco's operating strategy is to be a low-cost, high-quality producer and provider in each of the markets we serve. We promote our leadership position by investing in existing businesses and developing new markets. Although acquisitions of complementary businesses have been an important part of Tyco's growth in the past, our business strategy now focuses on enhancing internal growth and operational efficiency for existing Tyco businesses. We plan to achieve this goal through new product innovation, increased market share, increasing the service and repair components of our existing businesses and continued geographic expansion. We are also implementing initiatives across our business segments to achieve best-in-class operating practices utilizing six sigma measurements. Additionally, we announced that we are evaluating the proposed disposition of some non-core businesses to be effected during the next year. Leveraging the strengths of our existing operations, we seek to enhance value for our shareholders through operational excellence and maximization of cash flows. We are continuing to strive towards the highest standards of corporate governance so that we can earn the respect and confidence of our shareholders, employees, suppliers and customers and the financial community. |
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