ADT 2002 Annual Report Download - page 13

IV. Engineered Products and Services
Tyco is the world’s leading manufacturer of industrial valves and controls. With fiscal 2002
revenues of $4,709.3 million, our Engineered Products and Services businesses comprise approximately
13% of our total revenues from continuing operations. The group’s products and services include:
• manufacturing and servicing valves and related devices, as well as other engineered products
solutions;
• manufacturing steel pipe and tubular goods and electrical raceway products, including steel
conduit, pre-wired armored cable, flexible conduit, steel support systems and fasteners, cable tray
and cable ladder;
• providing a broad range of consulting, engineering and construction management and operating
services for water, wastewater, environmental, transportation and infrastructure markets; and
• manufacturing and distributing of fire sprinkler devices, valves, steel pipe and fittings and pipe
couplings used in commercial, residential and industrial fire protection systems.
Tyco Engineered Products and Services comprises four primary business units: Tyco Flow Control,
Tyco Electrical & Metal Products, Tyco Infrastructure Services and Tyco Fire & Building Products.
Tyco Flow Control
Tyco Flow Control manufactures both standard and highly specialized gate, globe, check, butterfly,
ball, safety relief and other valves in a wide variety of configurations, body types, materials, pressure
ratings and sizes. We also manufacture related equipment, instrumentation and products such as valve
actuators, gauges, positioners, valve control systems and vapor control products. These products are
manufactured in Tyco’s facilities located in North America, Europe, South America and the Asia-Pacific
region. The group’s products are used in various applications including power generation, chemical,
petrochemical, oil and gas, water distribution, wastewater, pulp and paper, commercial irrigation,
mining, industrial process, food and beverage, plumbing and HVAC. Tyco Flow Control also provides
engineering, design, inspection, maintenance, repair and commissioning services.
Tyco’s valves and related products are sold under many trade names, including Keystone, Grinnell,
Hindle, KTM, Flow Control Technologies, Gachot, Richards, Sapag, Winn, Vanessa, Raimondi, Fasani,
Sempell, Descote, Klein, Biffi, Morin Actuators, Westlock Controls, Crosby, Anderson Greenwood,
Yarway, Valvtron, Neotecha, Belucci, Intecva, Bayard, Belgicast, Whessoe Varec, Bailey Birkett, Cash,
Erhard, Schmieding and Frischhut.
We sell valves and related products in most geographic areas directly through our internal sales
force and in some geographic areas through a network of independent distributors and manufacturers’
representatives. The valve industry is highly fragmented and we compete against a number of
international, national and local manufacturers as well as against specialized manufacturers on the basis
of price, delivery, breadth of product line and specialized product capability.
In Australia, Tyco Flow Control also manufactures ductile iron and steel pipe, steel pipe fittings,
valves and related products primarily for the water industry at several locations under the trade name
Tyco Water. We also manufacture a line of plastic pipe and fittings in Australia and Malaysia.
Tyco Thermal Controls manufactures and sells self-regulating and polymeric heaters, mineral
insulated heaters and cable products, specialty heaters and related controllers and instrumentation.
These products are sold under the Raychem HTS, Pyrotenax and Isopad brand names on a worldwide
basis. Our Tracer Industries unit provides turnkey design, installation and service of industrial heat
tracing systems.
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