Some of our team members were involved early on with the TVA (Tennessee Valley Authority) nuclear facilities, and that experience carries through our organization today. Our team’s historical expertise, combined with our current power utility experience, helps to mold our security team for today’s nuclear security program
– By Mark McFadden –
Safeguard Security Holdings, Inc., a provider of corporate, industrial and residential security solutions, announces that its subsidiary, SYSTEMSgroup Protective Service, has received approval from its insurance carrier to proceed with its nuclear security program.
“The projected revenues generated from this division can double the size of the company in the near term.”
R. Michael Lagow, CEO for Safeguard, stated, “SYSTEMSgroup's nuclear division provides services to nuclear power generation companies, large chemical and petrochemical companies that face government regulations requiring Chemical Facility Anti-Terrorism Standards (CFATS). In order to receive coverage from any insurance provider in this venue, a company must have an excellent claims record. Without a doubt, our training curriculum distributed through our in-house training academy has helped us maintain an excellent claims record with our insurance carrier for several years past.” Lagow added, “Some of our team members were involved early on with the TVA (Tennessee Valley Authority) nuclear facilities, and that experience carries through our organization today. Our team’s historical expertise, combined with our current power utility experience, helps to mold our security team for today’s nuclear security program. And with the latest addition to our team, Twenty-first Century Armor Solutions, we are able to take the protection we provide to a whole new level with blast and ballistic protection by providing ballistic glass, safe buildings, ballistic barriers, body armor and fully armored vehicles.”
Shelly Anderson, Vice President of Operations, stated, “The projected revenues generated from this division can double the size of the company in the near term.” Anderson also stated, “The investment to enter the nuclear market is significant, but the return on investment is considerable as well and we are excited to be able to provide this level of security to our end-users.”
Safeguard is a fully integrated sole-source security solutions provider offering a converged suite of physical and electronic services through its operating subsidiaries. It provides corporate, government and residential clients with a broad array of security services ranging from highly trained armed and unarmed guards, security management staffing, and security staff outsourcing, to installation and maintenance of integrated electronic security solutions, background investigations, video monitoring, and specialized consulting services as may be required to support the varying security needs of its clients. The Company is organized along three distinct lines of business – Technical Systems, Security Personnel and Security Outsourcing Solutions. All operations are directed from its offices in Dallas, Texas and house the following business subsidiaries: Acquient Security Consulting, Inc., Premier Background Search, Inc. (PBS), SGI Protective Services, SEARCHglobal, Inc., Secure Concepts International, Inc., SYSTEMSgroup, Inc., SYSTEMSgroup Protective Services, SYSTEMSgroup Technologies and SYSTEMSgroup Global.