ADT 2006 Annual Report Download - page 70

revenue. In 2005 and 2004, net revenue totaled $6.5 billion or 17% of our consolidated net revenue
and $6.0 billion or 16% of our consolidated net revenue, respectively. The group’s products and
services include:
• manufacturing and servicing industrial, commercial, water and wastewater valves and related
devices, as well as providing other engineered products solutions;
• manufacturing steel pipe and tubular goods, security fence products 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 fire sprinkler devices, valves, pipe fittings and couplings used in
commercial, residential and industrial fire protection systems.
Tyco Engineered Products and Services is comprised of three business units: Flow Control and
Fire & Building Products, Electrical & Metal Products and Infrastructure Services.
Flow Control and Fire & Building Products
Flow Control
Tyco Flow Control manufactures both standard and highly specialized valves in a wide variety of
configurations, body types, materials, pressure ratings and sizes. It also manufactures related
equipment, instrumentation and products such as valve actuators, gauges, positioners, valve control
systems and vapor control products, as well as a full line of thermal heat tracing products, specialty
heaters and related products and turnkey installation services. These products are manufactured in Tyco
Flow Control’s facilities located in North America, Europe, South America and the Asia-Pacific region.
Tyco Flow Control’s products are used in various applications including power generation, chemical,
petrochemical, oil and gas, water distribution, wastewater, commercial irrigation, mining, food and
beverage, and other industrial process applications. Tyco Flow Control also provides engineering,
design, inspection, maintenance, repair and commissioning services for flow control and heat tracing
applications.
Tyco’s valves and related products are sold under many trade names, including, among others,
KEYSTONE, GRINNELL, VANESSA, CROSBY, ANDERSON GREENWOOD, TYCO THERMAL
CONTROLS and TRACER. Tyco Flow Control sells valves and related products in most geographic
areas directly through its 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.
Fire & Building Products
Tyco Fire & Building Products manufactures and sells a wide variety of products to fire protection
contractors and fabricators of fire protection systems. These products include a complete line of fire
sprinkler devices, specialty valves, plastic pipe and pipe fittings and ductile iron pipe couplings. Tyco
Fire & Building Products manufactures these products in the United States, United Kingdom,
Germany, China and Malaysia and sells them under the TYCO, GEM, STAR, CENTRAL,
GRINNELL and CENTRAL SPRAYSAFE brand names. In North America, a complete line of steel
sprinkler pipe is manufactured by Tyco Electrical & Metal Products (Allied Tube & Conduit), thus
enabling Tyco to offer a complete line of fire protection systems and services. Tyco Fire & Building
8 2006 Financials