Allegion Rings Opening Bell
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As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe NowExecutives from Ireland-based Allegion PLC (NYSE: ALLE) rang the opening bell this morning on the New York Stock Exchange. The company is a spinoff from Ingersoll-Rand PLC (NYSE: IR) and has its U.S. headquarters in Carmel. December 9, 2013
News Release
DUBLIN, Ire. and CARMEL, Ind. -Allegion PLC (NYSE: ALLE), a leading global provider of security products and solutions, rang The Opening Bell at the New York Stock Exchange today. Allegion began trading on the public equity markets on Dec. 2, following the spinoff from Ingersoll Rand.
Allegion CEO, President and Chairman Dave Petratis was joined by his executive leadership team on the podium for the ceremony. Additional members of the company's management, employees and guests were also present for the celebration.
“Becoming a standalone company is a pivotal moment in Allegion's history,” said Petratis.
“We have been pioneers in developing products that help keep people safe and secure around the world for centuries. We look forward to continuing that legacy as a publicly-traded company while we expand our core capabilities beyond the doorway to include more fully integrated security solutions.”
Allegion provides mechanical and electronic security products and solutions for homes and businesses in more than 120 countries. It sells products under 23 global brands including CISA, Interflex, LCN, Schlage and Von Duprin. Allegion specializes in security around the doorway and beyond – from residential and commercial locks, door closers and panic release bars, to access control systems and workforce productivity systems.
The Opening Bell Ceremony took place at 9:30 a.m. EST, and a replay can be viewed on the NYSE's website at https://nyse.nyx.com/the-bell.
About Allegion
Allegion (NYSE: ALLE) helps keep people safe where they live, work and visit. Allegion is pioneering safety as a provider of security solutions for homes and businesses through 23 global brands. Allegion specializes in security around the doorway and beyond: everything from residential and commercial locks, door closers and exit devices, steel doors and frames, to access control and workforce productivity systems. Allegion, a constituent of the S&P 500, is a $2 billion business employing more than 7,600 people and offering products in more than 120 countries across the world.
Allegion’s portfolio includes strategic brands CISA, Interflex, LCN, Schlage and Von Duprin; and other brands including aptiQ, Briton, Bricard, Dalco, Dexter by Schlage, Falcon, Fusion Hardware Group, Glynn-Johnson, ITO Kilit, Ives, Kryptonite, Legge, Martin Roberts, Normbau, Randi, Steelcraft, XceedID.
Source: Allegion PLC