Latest news with #FireSafety
Yahoo
6 days ago
- General
- Yahoo
Harnett County receives smoke alarm grant
LILLINGTON — The Harnett County Fire Marshal's Office recently announced the receipt of Smoke Alarm Saturday and Smoke Alarm Canvasing grants from the North Carolina Office of the State Fire. In addition to the county office, the following local fire departments also received smoke alarms through these programs: • Angier & Black River Fire Department, Inc. • Benhaven Emergency Services • Erwin Fire & Rescue Inc. • Lillington Fire Department •Spout Springs Emergency Services These grants will support the 2025 Smoke Alarm Canvassing and Smoke Alarm Saturday Campaign, which runs from Sunday, June 1 through Saturday, June 7. The campaign focuses on identifying and equipping homes that lack working smoke alarms, particularly in sleeping areas. Smoke Alarm Saturday, a key part of this initiative, is a statewide event that brings together fire departments across North Carolina to raise awareness about the critical role of working smoke alarms in saving lives. Free Smoke Alarms and Installation Available Harnett County residents without working smoke alarms in sleeping areas are encouraged to request a free smoke alarm by filling out the request form. According to the National Fire Protection Association, between 2014 and 2018: • 41% of home fire deaths occurred in homes without smoke alarms. • 16% occurred in homes where smoke alarms were present but not operational. For more information, email rdaniels@ or call (910) 893-0743.
Indian Express
18-05-2025
- General
- Indian Express
‘Everyone inside was silent': Locals who woke up to smell of smoke recount rescue effort after deadly Hyderabad fire
Residents of the narrow lanes in the thickly populated Charminar locality in Hyderabad's Old City woke up on Sunday morning to the smell of smoke. A three-storey building in the Gulzar Houz area had caught fire in the early hours of the day, leaving 17 members of a family, including eight children, dead. The first call to the fire force was made at 6.16 am, and the first fire engine was dispatched just a minute later, said Y Nagi Reddy, the Director General of Fire Safety. However, residents say the fire must have been blazing for some time before those on the outside even got to know. When rescuers started looking for survivors, local residents who tried to help them said there was 'not a sound coming from the building other than the crackling of flames'. 'It was so ominous that there were no calls for help. Everyone inside was silent,' said Zubhan, a small retailer in the area. Another local resident, Zaman, said, 'In the morning, we woke up to the smell of smoke emanating from the building.' 'The fire engines were already at the spot and we could see that the blaze was raging on the first floor,' he said. A senior rescue official told The Indian Express that the first batch of firefighters sent to the spot were not able to bring the blaze under control on their own and that more units were then pressed into action. The rescue efforts were complicated by the fact that there was just one staircase that led to the floors above ground. 'The staircase was just one metre wide and was filled with smoke. There was no alternate exit to the building, and the ground floor's entrance was completely blocked by bikes parked there. Fuel from these bikes, too, added to the fire,' Fire Safety DG Nagi Reddy said in a statement. Firefighters then used the Advanced Fire Robot and the Skylift hydraulic platform to douse the flames. That was when they saw more scenes of horror inside. Zubhan said, 'The fire tenders were shouting that there were bodies in each of the rooms above. In one room, there was a mother and two children who had been trapped.' Fire officials said that as per preliminary findings, the blaze was likely to have started on the ground floor, which housed a jewellery store that was closed for the night, due to a short circuit. 'The fire must have quickly spread to the first floor where the family was living. We have assessed that the blaze spread at around 3-4 am,' a fire tender said. By around 10 am, the spot was teeming with people. 'By 10.30 am, we had already removed 17 unconscious people from the building. All of them were declared dead at different hospitals in the city,' a senior fire official said. Firefighters said that if the blaze had not been brought under control when it was, it would have gutted other buildings. The Telangana Chief Minister's Office said 40 people from nearby buildings were rescued by fire tenders after putting out the blaze in the first building. By Sunday afternoon, ministers and public representatives swarmed the Charminar area. Among them were BJP Union Minister G Kishan Reddy, Hyderabad MP Asaduddin Owaisi, Telangana's Deputy Chief Minister Mallu Bhatti Vikramarka and another state minister, Ponnam Prabhakar. Owaisi had earlier told media personnel that the deceased family had been living in the same building for several decades. 'This is an old family of Charminar,' he said. Another local resident, Ghouse, said only eight members of the family were permanently living in the building. 'The rest had come for summer vacations from other parts of the city,' Ghouse said. He also said the locals would hold a wake for the family — 'It is the least we can do.'
Associated Press
08-05-2025
- Business
- Associated Press
Perimeter Solutions Reports First Quarter 2025 Financial Results
First quarter Net Income of $56.7M and Adjusted Net Income of $4.1M Strong execution and early season fire activity drove first quarter Adjusted EBITDA of $18.1M First quarter Earnings Per Diluted Share of $0.36 and Adjusted Earnings Per Diluted Share of $0.03 First IMS add-on product line acquisitions completed Clayton, Missouri--(Newsfile Corp. - May 8, 2025) - Perimeter Solutions, Inc. (NYSE: PRM) ('Perimeter' or the 'Company'), a leading global solutions provider for the Fire Safety and Specialty Products industries, today reported financial results for its first quarter ended March 31, 2025. First Quarter 2025 Results Capital Allocation Conference Call and Webcast As previously announced, Perimeter Solutions management will hold a conference call at 8:30 a.m. ET on Thursday, May 8, 2025 to discuss financial results for the first quarter 2025. The conference call can be accessed by dialing (833) 316-1983 (toll-free) or (785) 838-9310 (toll) and using Conference ID 'Perimeter'. The conference call will also be webcast simultaneously on Perimeter's website ( accessed under the Investor Relations page. The webcast link will be made available on the Company's website prior to the start of the call; go to the investor relations page of our website to the News & Events menu and click on 'Events & Presentations.' A slide presentation will also be available for reference during the conference call; go to the investor relations page of our website to the News & Events menu and click on 'Events & Presentations.' Following the live webcast, a replay will be available on the Company's website. A telephonic replay will also be available approximately three hours after the call and can be accessed by dialing (877) 660-6853 (toll-free) or (201) 612-7415 (toll) and using Access ID '13753257". The telephonic replay will be available until June 7, 2025 (11:59 p.m. ET). About Perimeter Solutions Perimeter Solutions is a leading global solutions provider for the Fire Safety and Specialty Products industries. The Company's business is organized and managed in two reporting segments: Fire Safety and Specialty Products. The Fire Safety segment is a formulator and manufacturer of fire management products that help our customers combat various types of fires, including wildland, structural, flammable liquids and other types of fires. Our Fire Safety segment also offers specialized equipment and services, typically in conjunction with our fire management products to support our customers' firefighting operations. Our specialized equipment includes airbase retardant storage, mixing, and delivery equipment; mobile retardant bases; retardant ground application units; mobile foam equipment; and equipment that we custom design and manufacture to meet specific customer needs. Our service network can meet the emergency resupply needs of over 150 air tanker bases in North America, as well as many other customer locations globally. The segment is built on the premise of superior technology, exceptional responsiveness to our customers' needs, and a 'never-fail' service network. The segment sells products to government agencies and commercial customers around the world. The Specialty Products segment includes operations that develop, produce and market products for non-fire safety markets. The Company's largest end market application for our Specialty Products segment is Phosphorus Pentasulfide ('P 2 S 5" ) based lubricant additives. P 2 S 5 is also used in pesticide and mining chemicals applications, and emerging electric battery technologies. The Specialty Products segment also includes Intelligent Manufacturing Solutions ('IMS'), which is a manufacturer of electronic or electro-mechanical components of larger solutions. IMS has a flexible, vertically integrated production facility centered on its printed circuit board ('PCB') line that allows it to acquire and produce a variety of product lines across a range of end markets, including large medical systems, communications infrastructure, energy infrastructure, defense systems, and industrial systems, with a substantial focus on aftermarket repair and replacement. Forward-looking Information This press release may contain 'forward-looking statements' within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. Forward-looking statements can be identified by words such as: 'anticipate,' 'intend,' 'plan,' 'goal,' 'seek,' 'believe,' 'project,' 'estimate,' 'expect,' 'strategy,' 'future,' 'likely,' 'may,' 'should,' 'will,' and similar references to future periods. Any such forward-looking statements are not guarantees of performance or results, and involve risks, uncertainties (some of which are beyond the Company's control) and assumptions. Although Perimeter believes any forward-looking statements are based on reasonable assumptions, you should be aware that many factors could affect the Company's actual financial results and cause them to differ materially from those anticipated in any forward-looking statements, including the risk factors described from time to time by us in our filings with the Securities and Exchange Commission ('SEC'), including, but not limited to, the Company's Annual Report on Form 10-K for the year ended December 31, 2024. Shareholders, potential investors and other readers should consider these factors carefully in evaluating the forward-looking statements. Any forward-looking statement made by Perimeter in this press release speaks only as of the date on which it is made. Perimeter undertakes no obligation to update any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by law. SOURCE: Perimeter Solutions, Inc. CONTACT: [email protected] PERIMETER SOLUTIONS, INC. AND SUBSIDIARIES Consolidated Statements of Operations and Comprehensive Income (Loss) (in thousands, except share and per share data) (Unaudited) [This table cannot be displayed. Please visit the source.] PERIMETER SOLUTIONS, INC. AND SUBSIDIARIES Consolidated Balance Sheets (in thousands, except share and per share data) (Unaudited) [This table cannot be displayed. Please visit the source.] PERIMETER SOLUTIONS, INC. AND SUBSIDIARIES Consolidated Statements of Cash Flows (in thousands) (Unaudited) [This table cannot be displayed. Please visit the source.] Non-GAAP Financial Metrics The Company provides non-GAAP financial measures for Adjusted EBITDA, Adjusted Net Income, and Adjusted Earnings Per Share data as supplemental information regarding the Company's business performance. The Company believes that these non-GAAP financial measures are useful to investors because they provide investors with a better understanding of the Company's past financial performance and future results. The Company's management uses these non-GAAP financial measures when it internally evaluates the performance of its business and makes operating decisions, including internal operating budgeting, performance measurement, and discretionary compensation. Adjusted EBITDA The computation of Adjusted EBITDA is defined as income (loss) before income taxes plus net interest and other financing expenses, and depreciation and amortization, adjusted on a consistent basis for certain non-recurring, unusual or non-operational items. These items include (i) restructuring and transaction related costs (ii) founder advisory fee expenses, (iii) stock compensation expense and (iv) foreign currency loss (gain). To supplement the Company's consolidated financial statements presented in accordance with U.S. GAAP, Perimeter is providing a summary to show the computations of Adjusted EBITDA, which is a non-GAAP measure used by the Company's management and by external users of Perimeter's financial statements, such as debt and equity investors, commercial banks and others, to assess the Company's operating performance as compared to that of other companies, without regard to financing methods, capital structure or historical cost basis. Adjusted EBITDA should not be considered an alternative to net income (loss), operating income (loss), cash flows provided by (used in) operating activities or any other measure of financial performance or liquidity presented in accordance with U.S. GAAP (in thousands). [This table cannot be displayed. Please visit the source.] (1) For the three months ended March 31, 2025, $0.6 million was related to acquisition costs, $0.4 million was related to the Redomiciliation Transaction and $0.5 million was related to restructuring and other non-recurring costs. For the three months ended March 31, 2024, $0.5 million was related to restructuring and other non-recurring costs. Adjusted Earnings Per Share The computation of Adjusted Earnings Per Share ('Adjusted EPS') is defined as Adjusted Net Income (loss) divided by adjusted diluted shares. Adjusted Net Income is defined as net income (loss) plus amortization, certain non-recurring, unusual or non-operational items, and the tax impact of these non-GAAP adjustments. These adjustments include (i) restructuring and transaction related costs (ii) founder advisory fee expenses, (iii) stock compensation expense and (iv) foreign currency loss (gain). Adjusted diluted shares is the weighted average diluted shares outstanding, adjusted by adding dilution for options and warrants excluded under U.S. GAAP due to a net loss, less dilution related to Founders advisory fees. To supplement the Company's condensed consolidated financial statements presented in accordance with U.S. GAAP, Perimeter is providing a summary to show the computations of Adjusted EPS, which is a non-GAAP measure used by the Company's management and by external users of Perimeter's financial statements, such as debt and equity investors, commercial banks and others, to assess the Company's operating performance as compared to that of other companies, without regard to financing methods, capital structure or historical cost basis. Adjusted EPS and Adjusted Net Income should not be considered alternatives to GAAP earnings per share ('GAAP EPS'), net income (loss), operating income (loss), cash flows provided by (used in) operating activities or any other measure of financial performance or liquidity presented in accordance with U.S. GAAP (in thousands, except share and per share data). [This table cannot be displayed. Please visit the source.] (1) For the three months ended March 31, 2025, $0.6 million was related to acquisition costs, $0.4 million was related to the Redomiciliation Transaction and $0.5 million was related to restructuring and other non-recurring costs. For the three months ended March 31, 2024, $0.5 million was related to restructuring and other non-recurring costs. (2) The tax impact of non-GAAP adjustments reflects the total income tax expense commensurate with the non-GAAP measure of profitability. (3) The Company adds back the dilutive impact of options and warrants if amounts were excluded for purposes of GAAP EPS due to a GAAP net loss during the period. (4) As of March 31, 2025 and 2024, a maximum of 2.4 million shares were expected to be issued within 12 months under the Founders fixed advisory fee. (5) Based on period end market prices, no shares were issuable under the Founders variable advisory fee. To view the source version of this press release, please visit
Yahoo
06-03-2025
- General
- Yahoo
Fire-hit retirement flats rebuild may start in 2026
Work to replace a retirement complex which was gutted in a blaze more than five years ago could begin next year, a council report says. The Beechmere complex in Crewe, Cheshire, was destroyed in August 2019 when fire tore through the timber-framed building. The site, which had 132 apartments, was one of five extra care housing schemes commissioned through a PFI (private finance initiative) arrangement in 2007. In 2023, charges were brought against six companies, all of which denied offences of failing to comply with the Fire Safety (Regulatory Reform) Order 2005. The firms are due to face trial in May. About 150 elderly and disabled residents were evacuated but lost their homes when the fire broke out. No-one was injured in the blaze. The report to Cheshire East Council's finance sub-committee has recommended councillors allow officers to continue and conclude renegotiation of the PFI contract. If an agreement is reached between the various parties, building work on the replacement Beechmere complex could start in the spring or summer next year, with a possible opening date of late 2027 or early 2028, the report said. Housing provider Avantage, which delivered the extra care housing schemes including Beechmere, could get planning permission for the new building this summer, the document states. The sub-committee is set to discuss the report's recommendation during a meeting on Monday. The trial of the six accused firms has been scheduled to begin at Chester Crown Court on 5 May and is set to last 10 weeks. This news was gathered by the Local Democracy Reporting Service which covers councils and other public service organisations. Follow BBC Stoke & Staffordshire on BBC Sounds, Facebook, X and Instagram. Questions remain five years after retirement home fire Beechmere: Lawyers apply for court case dismissal Charges brought over retirement complex blaze Retirement homes destroyed in fire to be replaced 'I just keep thinking, why has this happened?' Cheshire East Council
Yahoo
06-03-2025
- General
- Yahoo
Fire-hit retirement flats rebuild may start in 2026
Work to replace a retirement complex which was gutted in a blaze more than five years ago could begin next year, a council report says. The Beechmere complex in Crewe, Cheshire, was destroyed in August 2019 when fire tore through the timber-framed building. The site, which had 132 apartments, was one of five extra care housing schemes commissioned through a PFI (private finance initiative) arrangement in 2007. In 2023, charges were brought against six companies, all of which denied offences of failing to comply with the Fire Safety (Regulatory Reform) Order 2005. The firms are due to face trial in May. About 150 elderly and disabled residents were evacuated but lost their homes when the fire broke out. No-one was injured in the blaze. The report to Cheshire East Council's finance sub-committee has recommended councillors allow officers to continue and conclude renegotiation of the PFI contract. If an agreement is reached between the various parties, building work on the replacement Beechmere complex could start in the spring or summer next year, with a possible opening date of late 2027 or early 2028, the report said. Housing provider Avantage, which delivered the extra care housing schemes including Beechmere, could get planning permission for the new building this summer, the document states. The sub-committee is set to discuss the report's recommendation during a meeting on Monday. The trial of the six accused firms has been scheduled to begin at Chester Crown Court on 5 May and is set to last 10 weeks. This news was gathered by the Local Democracy Reporting Service which covers councils and other public service organisations. Follow BBC Stoke & Staffordshire on BBC Sounds, Facebook, X and Instagram. Questions remain five years after retirement home fire Beechmere: Lawyers apply for court case dismissal Charges brought over retirement complex blaze Retirement homes destroyed in fire to be replaced 'I just keep thinking, why has this happened?' Cheshire East Council
