Safety Vision embarks on construction project
HOUSTON - Mobile video surveillance company Safety Vision is building a new facility, with expectations that the 50,000-square-foot building will be completed by July 2004.
The new, two-story facility will be built on seven acres of land on the Beltway between Tanner and West Little York, Texas.
The project will bring both the companyÃ¢â‚¬â„¢s offices and warehouse under one roof. The company currently resides in a 16,000-square-foot building, with a 24,000-square-foot warehouse located one block from the main office.
Strategic Vista to buy Mansoor Electronics
TORONTO - Strategic Vista International has signed a purchase agreement to acquire the operating assets of Mansoor Electronics for approximately $3.5 million in an all-cash transaction.
Through the Mansoor acquisition, Strategic Vista hopes to expand its distribution channel and increase its product range, according to Bernie Klein, Strategic VistaÃ¢â‚¬â„¢s chairman and chief executive officer.
Strategic Vista will also acquire rights to Markham, Ontario-based MansoorÃ¢â‚¬â„¢s Home Sentinel brand name, which includes video surveillance products, burglar alarms and video door phones.
Barrier, gate companies merge
IRVING, Texas - Integrated Security Systems announced that its security gate subsidiary, B&B Electromatic, has merged with ARMR Services Corp., a supplier of crash rated barriers and parking control equipment.
The new company will operate under the name of B&B ARMR Corp. and combine products and solutions to offer customers with the best of breed solutions.
The transaction was based on a transfer of stock, with the families of Paul Roland and Scott Rosenbloom, principals of ARMR, receiving ISSI common stock.