Pittway (original) (raw)
Pittway Corporation was a diversified holding company best known as a manufacturer and distributor of professional and consumer fire and burglar alarms. In 1962, became president, after having worked as an executive at Gillette, at a time when the company was transitioning from a trolley operating company to a diversified concern running multiple businesses. Pittway completed its divestment out transportation in 1964 through sale of trolley operations to the Port Authority of Allegheny County, receiving more than US$16 million for the operations. The demise of the trolley operations could likely be attributed to the rise in personal car purchases.
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| dbo:abstract | Pittway Corporation was a diversified holding company best known as a manufacturer and distributor of professional and consumer fire and burglar alarms. In 1962, became president, after having worked as an executive at Gillette, at a time when the company was transitioning from a trolley operating company to a diversified concern running multiple businesses. Pittway completed its divestment out transportation in 1964 through sale of trolley operations to the Port Authority of Allegheny County, receiving more than US$16 million for the operations. The demise of the trolley operations could likely be attributed to the rise in personal car purchases. Neison Harris' brother, Irving B. Harris, also played a significant part in the company. Leo Guthart was previously the company's vice-chairman. Among the company's acquisitions in the 1960s were Barr-Stalfort Co., an aerosol cans filler company, Alarm Device Manufacturing Co., and Industrial Publishing Co. It relocated its headquarters to Chicago in 1967. In 1967, the company was renamed to Pittway Corporation. Later, Pittway became best known as a manufacturer and distributor of the First Alert brand of home smoke alarms, professional fire and burglar alarms, and other security systems, and as a real estate firm. It also owned the fire alarm companies Fire-Lite and Notifier. By 1968, the company's vice-chairman was C. D. Palmer, who was also the senior executive based in the company's former home town of Pittsburgh. In the 1970s, specifically in 1977, Pittway and General Electric were the dominant consumer smoke alarm manufacturers. At that time, Pittway units were distributed by Sears. In 1978, the Consumer Product Safety Commission assessed a US$100,000 fine against Pittway for selling smoke detectors which were themselves fire hazards. Proposed in December 1999 and completed in February 2000, Honeywell acquired Pittway for US$2.2 billion as a play to expand the breadth of their business in its home and building control unit. (en) |
| dbo:fate | Acquired by Honeywell (en) |
| dbo:formerName | Pittsburg Railways Co. (en) Pittsburgh Street Railways Co. (en) |
| dbo:netIncome | 4400000.0 |
| dbo:numberOfEmployees | 7600 (xsd:nonNegativeInteger) |
| dbo:numberOfLocations | 8 (xsd:nonNegativeInteger) |
| dbo:revenue | 3.94E7 4.89E7 |
| dbo:type | dbr:Public_company |
| dbo:wikiPageID | 32259437 (xsd:integer) |
| dbo:wikiPageLength | 7496 (xsd:nonNegativeInteger) |
| dbo:wikiPageRevisionID | 1032391642 (xsd:integer) |
| dbo:wikiPageWikiLink | dbr:Honeywell dbr:Public_company dbr:Notifier dbr:General_Electric dbr:Gillette dbc:Companies_based_in_Chicago dbc:Holding_companies_established_in_1967 dbc:Manufacturing_companies_disestablished_in_2000 dbc:1967_establishments_in_Pennsylvania dbc:Holding_companies_disestablished_in_2000 dbr:U.S._Consumer_Product_Safety_Commission dbc:2000_disestablishments_in_Illinois dbr:First_Alert dbr:Leo_Guthart dbc:2000_mergers_and_acquisitions dbc:Manufacturing_companies_established_in_1967 dbc:Companies_based_in_Pittsburgh dbr:Holding_company dbr:Tram dbr:Port_Authority_of_Allegheny_County dbr:Sears dbr:Fire-Lite dbr:Aerosol_can dbr:Irving_B._Harris dbr:Neison_Harris |
| dbp:fate | Acquired by Honeywell (en) |
| dbp:formerName | (en) Pittsburg Railways Co. (en) Pittsburgh Street Railways Co. (en) |
| dbp:name | Pittway Corporation (en) |
| dbp:netIncome | (en) 4400000.0 5800000.0 |
| dbp:numEmployees | 7600 (xsd:integer) |
| dbp:numLocations | 8 (xsd:integer) |
| dbp:owner | Standard Shares (en) |
| dbp:revenue | (en) 3.94E7 4.89E7 |
| dbp:subsid | B.R.K Electronics (en) |
| dbp:type | dbr:Public_company |
| dbp:wikiPageUsesTemplate | dbt:As_of dbt:Increase dbt:Infobox_company dbt:Reflist dbt:Small dbt:When dbt:Honeywell |
| dcterms:subject | dbc:Companies_based_in_Chicago dbc:Holding_companies_established_in_1967 dbc:Manufacturing_companies_disestablished_in_2000 dbc:1967_establishments_in_Pennsylvania dbc:Holding_companies_disestablished_in_2000 dbc:2000_disestablishments_in_Illinois dbc:2000_mergers_and_acquisitions dbc:Manufacturing_companies_established_in_1967 dbc:Companies_based_in_Pittsburgh |
| gold:hypernym | dbr:Company |
| rdf:type | owl:Thing dbo:Company schema:Organization dul:Agent dul:SocialPerson dbo:Agent wikidata:Q24229398 wikidata:Q43229 wikidata:Q4830453 yago:WikicatCompaniesBasedInChicago,Illinois yago:WikicatCompaniesBasedInPittsburgh,Pennsylvania yago:WikicatCompaniesDisestablishedIn2000 yago:Abstraction100002137 yago:Company108058098 yago:Group100031264 yago:Institution108053576 yago:Organization108008335 yago:YagoLegalActor yago:YagoLegalActorGeo yago:YagoPermanentlyLocatedEntity dbo:Organisation yago:SocialGroup107950920 |
| rdfs:comment | Pittway Corporation was a diversified holding company best known as a manufacturer and distributor of professional and consumer fire and burglar alarms. In 1962, became president, after having worked as an executive at Gillette, at a time when the company was transitioning from a trolley operating company to a diversified concern running multiple businesses. Pittway completed its divestment out transportation in 1964 through sale of trolley operations to the Port Authority of Allegheny County, receiving more than US$16 million for the operations. The demise of the trolley operations could likely be attributed to the rise in personal car purchases. (en) |
| rdfs:label | Pittway (en) |
| owl:sameAs | freebase:Pittway yago-res:Pittway wikidata:Pittway https://global.dbpedia.org/id/4tjrM |
| prov:wasDerivedFrom | wikipedia-en:Pittway?oldid=1032391642&ns=0 |
| foaf:isPrimaryTopicOf | wikipedia-en:Pittway |
| foaf:name | Pittway Corporation (en) |
| is dbo:wikiPageWikiLink of | dbr:Penton_(company) dbr:William_Conrad dbr:First_Alert dbr:Leo_Guthart dbr:Pittsburgh_Railways |
| is foaf:primaryTopic of | wikipedia-en:Pittway |