Allegion

Allegion's New 2023 Multifamily Living Trends Report Unveils What Multifamily Renters Desire, Expect and Are Willing to Pay More For in Their Residences

Retrieved on: 
Tuesday, September 19, 2023
Desire, Online, Communication, Pew Research Center, Health, Friends, Internet, COVID-19, Consumer, Mind, National Apartment Association, Research, Consultant, Data source, Investment, ROI, Family, Allegion, Commercial property, Self storage, Tourism, Retail, Mobile phone, Nightclub, Heating, ventilation, and air conditioning, Wi-Fi, Safety, Property technology

CARMEL, Ind., Sept. 19, 2023 /PRNewswire/ -- Today, Allegion U.S., a leading provider of security products and solutions, unveiled the results of a new multifamily living trends survey that provides insight into preferences and expectations of today's renters. The report, "2023 Multifamily Living Trends: A Study on What Multifamily Renters Desire, Expect and Will Pay More For in Their Residences," analyzes input from over 1,000 survey respondents who currently rent or own multifamily residences or plan to in the next two years.

Key Points: 
  • The report, " 2023 Multifamily Living Trends: A Study on What Multifamily Renters Desire, Expect and Will Pay More For in Their Residences ," analyzes input from over 1,000 survey respondents who currently rent or own multifamily residences or plan to in the next two years.
  • In 2019, Allegion conducted a similar study, providing a benchmark for living trends among millennial renters.
  • The key trends and challenges examined in the report are outlined below:
    Impact of Proptech on Multifamily Residences — In 2021, $ 24.3B were invested into Proptech companies globally, with a focus on the multifamily market.
  • Survey of 1,009 individuals ages 22-39 who currently rent or own multifamily residences or plan to in the next two years.

Allegion Appoints Susan (Sue) L. Main to Board of Directors

Retrieved on: 
Tuesday, September 12, 2023
Commercial Building & Real Estate, Technology, Construction & Property, Security, Interior Design, Building Systems, Architecture, Hardware, Residential Building & Real Estate, Aircraft, Ashland Global, Water Pik, ALLE, Hughes Aircraft Company, Compensation, California State University, Water, Corporate governance, Garrett Motion, Multimedia, Government, Teledyne Technologies, Committee, CFO, Growth, Committee on Finance, NYSE, Management, Main, Allegion

Allegion plc (NYSE: ALLE), a leading global security products and solutions provider, has appointed Susan (Sue) L. Main, senior vice president and chief financial officer (CFO) of Teledyne Technologies Incorporated, to the company's board of directors.

Key Points: 
  • Allegion plc (NYSE: ALLE), a leading global security products and solutions provider, has appointed Susan (Sue) L. Main, senior vice president and chief financial officer (CFO) of Teledyne Technologies Incorporated, to the company's board of directors.
  • “Sue is a strong leader and expert in her field,” Chair of Allegion’s Board of Directors Kirk Hachigian said.
  • Currently, Main also serves on the board of directors at Ashland Inc., and she formerly served as a director for Garrett Motion Inc.​ Main is a graduate of California State University, Fullerton.
  • You can also see the company’s full board of directors by clicking here .

Allegion Declares Quarterly Dividend

Retrieved on: 
Thursday, September 7, 2023
Software, Hardware, Office Products, Consumer Electronics, Technology, Other Construction & Property, Residential Building & Real Estate, Commercial Building & Real Estate, Construction & Property, Security, Retail, Building Systems, Interior Design, Allegion, ALLE, NYSE, Holding company

Allegion plc (NYSE: ALLE), a leading global security products and solutions provider, today announced that its board of directors declared a quarterly dividend of $0.45 per ordinary share of the company.

Key Points: 

Allegion plc (NYSE: ALLE), a leading global security products and solutions provider, today announced that its board of directors declared a quarterly dividend of $0.45 per ordinary share of the company.
The dividend is payable on Sept. 29, 2023, to shareholders of record on Sept. 18, 2023.

Crane NXT, Co. Announces Appointment of David D. Petratis to Board of Directors

Retrieved on: 
Thursday, July 27, 2023
Defense, Oil, Gas, Other Defense, Contracts, Energy, Chemicals, Plastics, Aerospace, Manufacturing, National Electrical Contractors Association, University, NEMA, CXT, Allegion, California State Student Association, Ingersoll Rand, National Electrical Manufacturers Association, MGE, Schneider Electric, Growth, NYSE, Crane, Management

Crane NXT, Co. (NYSE: CXT) ("Crane NXT" or the "Company"), a premier industrial technology company, announced that its Board of Directors has appointed David D. Petratis as a Director of Crane NXT.

Key Points: 
  • Crane NXT, Co. (NYSE: CXT) ("Crane NXT" or the "Company"), a premier industrial technology company, announced that its Board of Directors has appointed David D. Petratis as a Director of Crane NXT.
  • Mr. Petratis has built a career as an Executive Leader and Board Director of multinational technology-focused companies.
  • John S. Stroup, Chairman of the Crane NXT Board, said: “David’s extensive experience managing and advising post-separation companies, along with his expertise in business strategy development and acquisitions, will be an invaluable addition to the Crane NXT Board.
  • I am delighted to welcome him to the Board, and l look forward to working with him as Crane NXT continues to successfully execute on its growth strategy.”

Allegion (NYSE: ALLE) Reports Q2-2023 Financial Results

Retrieved on: 
Wednesday, July 26, 2023
Architecture, Professional Services, Hardware, Office Products, Consumer Electronics, Technology, Residential Building & Real Estate, Commercial Building & Real Estate, Construction & Property, Security, Retail, Finance, Interior Design, Borrowing base, International, Senior, ALLE, Share repurchase, Electronics, Stock dilution, Public expenditure, Acquisition, Investment, Center for Accessible Technology, Growth, EPS, NYSE, Management, Video game, Bank, Beauty salon, Allegion

Allegion plc (NYSE: ALLE), a leading global security products and solutions provider, today reported financial results for its second quarter (ended June 30, 2023).

Key Points: 
  • Allegion plc (NYSE: ALLE), a leading global security products and solutions provider, today reported financial results for its second quarter (ended June 30, 2023).
  • “Allegion delivered another quarter of outstanding operational performance, margin expansion and increased cash flow,” said President and CEO John H. Stone.
  • Our teams have integrated very well together, taking good care of our customers while delivering on the business plan.
  • “As we think about the second half of the year, we expect end markets will be stable with continued strong demand for our electronic solutions.

Allegion's STANLEY Access Technologies Introduces ProCare™ 8500 and 8500A Telescopic ICU Door to Improve Provider Workflow

Retrieved on: 
Tuesday, July 18, 2023
Name, ICU, Health, ProCare, Intensive care unit, 8500, Patient, Privacy, Smoke, Allegion, Hospital

FARMINGTON, Conn., July 18, 2023 /PRNewswire/ -- STANLEY Access Technologies, part of the Allegion family of brands and leading provider of automatic door solutions and service, today announced the launch of ProCare™ 8500 and 8500A 3-Panel Telescoping ICU Door, the latest design in their ProCare™ Series, one of the most trusted names in healthcare design. Both the manual ProCare™ 8500 and the automatic 8500A, which are now available for order, were engineered to create the widest door opening in the industry for telescopic doors and have all the same features that healthcare professionals rely on every day to protect patients.

Key Points: 
  • One of the best new engineered products to come out in the 35 years I have been involved with STANLEY.
  • It is obvious [STANLEY Access Technologies] took [the] time to get it right the first time."
  • Jeff Naber, President Murray Womble, Inc.
    Key features of the ProCare 8500 include:
    Both the 8500 and the 8500A have redesigned headers to maintain aesthetics in retrofit applications.
  • ProCare™ 8500 Telescoping ICU Door is backed by warranty and world-class install service and support, with a national network of highly trained, AAADM-certified technicians.

Allegion Schedules Conference Call, Webcast to Announce 2023 Second-Quarter Results

Retrieved on: 
Wednesday, June 28, 2023
Interior Design, Security, Technology, Residential Building & Real Estate, Commercial Building & Real Estate, Construction & Property, Building Systems, Allegion, ALLE, NYSE, Conference, Cryptocurrency

Allegion plc (NYSE: ALLE), a leading global security products and solutions provider, will release its 2023 second-quarter financial results on Wednesday, July 26, before the market opens.

Key Points: 
  • Allegion plc (NYSE: ALLE), a leading global security products and solutions provider, will release its 2023 second-quarter financial results on Wednesday, July 26, before the market opens.
  • Later that morning, John H. Stone, president and CEO, and Mike Wagnes, senior vice president and chief financial officer, will conduct a conference call for analysts and investors, beginning at 8 a.m.
  • A real-time, listen-only webcast of the conference call will be broadcast live, through the company's website at https://investor.allegion.com/ .
  • The conference call may be accessed by dialing 877-883-0383 in the United States or 412-902-6506 internationally and entering Conference ID 4590109.

Commercial Security System Market worth $343.7 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Thursday, June 15, 2023
Online, Honeywell, IST, Hosting, Avigilon, Zigbee, Video content analysis, BSS, Commercial, Region, System integration, Bluetooth Low Energy, Television, Alaska Department of Transportation & Public Facilities, VMS, ACAA, Defense, Rail transport, Law enforcement, Motorola Solutions, Fire protection, ADT, Human, Access control, Hardware, Growth, Safety, Wireless, Dormakaba, Teledyne Technologies, Allegion, Teledyne FLIR, Transport, CCTV, IP, Row, Control4, Data, SECOM, Control, Facial recognition, Night vision, Information and communications technology, Security, NFC, ASSA, PDA, Bus, Video game, Risk management, Mobile phone, Drone, Vertical, Service, Software, Analog, Geography

North America is likely to contribute significantly to the growth of the commercial security system industry .

Key Points: 
  • North America is likely to contribute significantly to the growth of the commercial security system industry .
  • Video surveillance system segment is expected to grow at highest CAGR of the commercial security hardware market during the forecast period.
  • Security system integration services are expected to account for the highest market share of the commercial security system market during the forecast period.
  • North America is holding the largest market share of the commercial security system market by 2028.

Commercial Security System Market worth $343.7 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Thursday, June 15, 2023
Online, Honeywell, IST, Hosting, Avigilon, Zigbee, Video content analysis, BSS, Commercial, Region, System integration, Bluetooth Low Energy, Television, Alaska Department of Transportation & Public Facilities, VMS, ACAA, Defense, Rail transport, Law enforcement, Motorola Solutions, Fire protection, ADT, Human, Access control, Hardware, Growth, Safety, Wireless, Dormakaba, Teledyne Technologies, Allegion, Teledyne FLIR, Transport, CCTV, IP, Row, Control4, Data, SECOM, Control, Facial recognition, Night vision, Information and communications technology, Security, NFC, ASSA, PDA, Bus, Video game, Risk management, Mobile phone, Drone, Vertical, Service, Software, Analog, Geography

North America is likely to contribute significantly to the growth of the commercial security system industry .

Key Points: 
  • North America is likely to contribute significantly to the growth of the commercial security system industry .
  • Video surveillance system segment is expected to grow at highest CAGR of the commercial security hardware market during the forecast period.
  • Security system integration services are expected to account for the highest market share of the commercial security system market during the forecast period.
  • North America is holding the largest market share of the commercial security system market by 2028.

Zentra Debuts to Multifamily Market at NAA Apartmentalize

Retrieved on: 
Wednesday, June 7, 2023
Learning, API, First Time, Resident, Municipal Property Owners' Improvement Districts of Shannon Hills Arkansas, Education, Allegion

ATLANTA, June 7, 2023 /PRNewswire/ -- Zentra, a new multifamily access solutions brand announced by Allegion Americas in April, is making its marketplace debut at NAA Apartmentalize, June 7-9. This annual event brings together multifamily housing professionals from around the world for three days of education, networking and learning about the latest industry trends and best practices – among them, how to provide seamless security for multifamily buildings. At booth #1709, Zentra will have hands-on demos of its integrated solutions, connecting software, hardware and related services. The demos will highlight how Zentra's unified single software platform will enhance efficiency for property managers and improve the overall resident experience. 

Key Points: 
  • At booth #1709, Zentra will have hands-on demos of its integrated solutions, connecting software, hardware and related services.
  • "Zentra and the brand's electronic access capabilities represent an integral step forward toward Allegion's vision of seamless access and a safer world," said Robert Gaulden, Allegion's go-to-market director for multifamily access and a leader for Zentra.
  • Zentra – which is initially offered in the United States – was created with operators, residents and multifamily integrators in mind to provide simple, smart and secure property access.
  • Show attendees can visit booth #1709 to experience Zentra hands-on and discuss multifamily and proptech trends.