Latest news with #Simplex


Time Business News
a day ago
- Business
- Time Business News
Top Benefits of Using Refurbished Fire Alarm Parts for Commercial Buildings
In the world of commercial property management, keeping your building safe is not just a responsibility—it's a legal and ethical obligation. Fire alarm systems are at the heart of your safety strategy. But when a part of that system fails or needs upgrading, the costs can quickly add up. That's where refurbished fire alarm parts come in as a smart, practical alternative. If you've never considered using refurbished fire alarm components before, it's time to take a closer look. These parts are not only cost-effective, but they're often just as reliable as brand-new ones—especially when sourced from reputable suppliers. Let's explore why more building owners, facility managers, and contractors are choosing refurbished fire alarm parts for their commercial properties. Let's face it: commercial buildings are expensive to maintain. Fire alarm systems, with their panels, detectors, pull stations, and modules, can be especially costly when you need to replace parts. Refurbished fire alarm components can reduce your costs by 30–70% compared to new ones. This price difference allows you to allocate your budget more efficiently—whether it's for other safety upgrades, routine maintenance, or energy-saving improvements. And the best part? A refurbished device, when properly tested and certified, offers the same functionality and reliability as a new part. Many commercial buildings operate fire alarm systems that were installed 10, 15, or even 20 years ago. Over time, manufacturers discontinue certain models or stop supporting older systems. This creates a problem: a single failed part might force you to replace the entire system. Refurbished parts offer a way out. By sourcing refurbished components, you can continue maintaining and repairing your existing fire alarm system without jumping to a costly full-system replacement. This is especially valuable for older systems from trusted brands like Notifier, Simplex, Siemens, or Honeywell, where replacement parts are no longer in active production. Sustainability isn't just a trend—it's a necessity. Commercial buildings today are under increasing pressure to meet environmental standards, reduce waste, and operate more sustainably. Choosing refurbished fire alarm parts contributes to this mission. Rather than sending used devices to landfills, these components are repaired, tested, and given a second life. This reduces electronic waste, lowers carbon emissions from manufacturing, and helps businesses align with green building initiatives like LEED certification. Waiting weeks for a new part to arrive can be frustrating—and in the case of a critical fire alarm component, dangerous. Downtime can mean your system isn't functioning at full capacity, putting people and property at risk. Refurbished parts are often in stock and ready to ship immediately, especially for discontinued or rare models. This faster turnaround means your system can be back up and running sooner, ensuring continued safety and compliance. There's a common misconception that refurbished means 'used and unreliable.' That's not true when you buy from a professional refurbishing company. Reputable vendors thoroughly clean, repair, test, and certify each component before reselling it. Many parts even come with warranties—some offering 6 to 12 months of coverage. In most cases, the testing procedures are just as rigorous as those used for brand-new equipment. If you're unsure, ask your supplier about their refurbishment process. A reliable vendor will be happy to walk you through their quality control standards. When working with older fire alarm systems, you can't always mix and match new parts. Manufacturers often design systems that only work with specific components—and those components may no longer be in production. Refurbished parts help maintain that compatibility. Instead of overhauling your entire system just to replace one faulty module, you can find the exact part you need—refurbished, tested, and ready to install. Local fire codes and insurance policies often require that your fire alarm system is fully operational at all times. Replacing faulty or missing parts with refurbished ones ensures your system remains compliant and inspection-ready. Refurbished components help you avoid failed inspections, potential fines, and worst of all—safety risks in the event of a real fire. By keeping your system complete and functioning, you protect your occupants, your assets, and your reputation. In today's economic and environmental climate, smart decisions matter more than ever. Refurbished fire alarm parts offer a practical solution for commercial buildings looking to reduce costs, maintain compliance, and extend the life of existing systems. They're affordable, reliable, and environmentally responsible—and with the right supplier, you won't have to compromise on quality or safety if sourced from trusted websites like So the next time a component in your fire alarm system needs replacing, consider giving refurbished parts a second look. It might just be the smartest upgrade you make this year. TIME BUSINESS NEWS


Irish Examiner
18-05-2025
- Business
- Irish Examiner
Never a cross word? Glenaeagles is a home for the well-clued in
ONLY the long-time owners of rock solid Gleneagles, the Conway family, might have liked seeing it described as 'a flimsy home' – that spurious description is an anagram of 'family homes,' and this sure was an engaged one, happy but deeply, serially afflicted with cross words. Five children were reared here at Glenagles, right by the roundabout on Cork's Well Road by Woodview and Hettyfield, two top Douglas locations/addresses, were thanks an uber conventinal competitive streak, two identical daily newspaper were delivered for a time, simply to keep the peace. Too cryptic for words? Turns out the couple, Rory and Jean were Irish Times crossword aficionados, and raced each other every day to finish boththe Simplex and, more taxing, 'the hard one', the legendary Crosaire, with over 14,000 grid challenges done by setting John Crozier, from 1948 to 2010….thousands of which found their way to Gleneagles. Gleneagles For many years, Rory Conway, a solicitor, would fax a copy of the Irish Times Crossword home to his wife Jean each morning and they would compete to see who could finish it first,' says estate agent Jackie Cohalan giving clues as to the nature of family at this home she is now selling. In an instance of a homely firm (approximate anagram here of family home, for the sharper eyed) 'Rory's office would fax two copies of the crossword to the hotel if they were away on holidays. And, in later years, they had to have two papers delivered to the house, as they couldn't agree to share!' Ms Cohalan reveals. Gleneagles is now an executor sale after Jean (nee Daly) passed away in 2024, five years after her husband Rory, and agents Cohalan Downing (aka a candle honing now?) guide the 2,250 sq ft five-bed home on a prime 0.3 acre corner site next to a vey contemporary metal-clad one-off rebuild by the roundabout at €925,000. 'Think of this home as a crossword in progress – with the location already filled in, the structure in place, and the remaining clues just waiting for your imagination to complete them,' proposes Jackie Cohalan. VERDICT: A Well Road home for the well-clued in.


Cision Canada
30-04-2025
- Business
- Cision Canada
TERRAVEST ANNOUNCES THE ACQUISITION OF SIMPLEX INC.
TORONTO, April 30, 2025 /CNW/ - TerraVest Industries Inc. (TSX: TVK) ("TerraVest") is pleased to announce that it has acquired Simplex, Inc. ("Simplex" or the "Company") – a leading technology company that designs and manufactures electrical test systems (load banks) and fuel supply systems for the standby power generation industry. The market for these products has been driven by demand for emergency back up power generators at data centers, hospitals and other public utilities. Simplex was acquired for an enterprise value of approximately US$28.0 million, including the assumption of certain liabilities, and subject to customary closing adjustments. Headquartered in Springfield, IL, Simplex products are installed in some of the most demanding, mission critical environments. "Simplex was founded in 1934 by Michael Debrey. The business has been in our family since that time. Our family is most pleased to find a company like TerraVest to continue the business and grow the legacy of Simplex for many years to come." – Tom Debrey Owner of Simplex Inc. John Jacob, President of Highland Tank welcomes the employees and management of Simplex and looks forward to their continuing commitment to the Company and dedication to their customers. "I am excited to welcome the Simplex team into the TerraVest family. Simplex is a well-recognized manufacturer with a leading reputation for product innovation, and we see this as a strategic fit. Simplex products are highly complementary with both Highland Tank and the broader portfolio of TerraVest businesses, and we expect to see immediate benefits." said Mr. Jacob. Caution Regarding Forward-Looking Statements This news release contains forward-looking statements. All statements other than statements of historical fact contained in this news release are forward-looking statements, including, without limitation, statements regarding our strategic direction and evaluation of the business segments and TerraVest as a whole, the anticipated benefits and synergies for TerraVest resulting from the transaction, the anticipated effect of the transaction on TerraVest's strategy, operations and financial performance, the growth capabilities and opportunities of TerraVest and Simplex Inc., TerraVest's plans with respect to its existing portfolio businesses and long-term acquisition strategy and other plans and objectives of or involving TerraVest. Readers can identify many of these statements by looking for words such as "expects" and "will" or similar terms or variations of these words. Although management believes that the expectations represented in such forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct. By their nature, forward-looking statements require us to make assumptions and, accordingly, forward-looking statements are subject to inherent risks and uncertainties. There is significant risk that the forward-looking statements will not prove to be accurate. We caution readers of this news release not to place undue reliance on our forward-looking statements because a number of factors may cause actual future circumstances, results, conditions, actions or events to differ materially from the plans, expectations, estimates or intentions expressed in the forward-looking statements and the assumptions underlying the forward-looking statements. Assumptions and analysis about the performance of TerraVest as a whole and its business segments, the markets in which the business segments compete and the prospects and values of the business segments are considered in setting the business plan for TerraVest, plans and/or ability to pay dividends, outlook for operations, financial position, results and cash flows, other plans and objectives and in making related forward-looking statements. Such assumptions include, without limitation, demand for products and services of the business segments in respect of the Canadian and other markets in which the businesses are active will be stable, and that input costs to business segments do not vary significantly from levels experienced historically. Should any of these factors or assumptions vary, actual results may differ materially from the forward-looking statements.


Wamda
30-01-2025
- Business
- Wamda
Simplex secures $13 million to propel Saudi expansion
Egypt-based CNC machine manufacturer Simplex has raised $13 million, led by Saudi Arabia's National Industrial Development Centre. Founded in 2013 by Ahmed Shaaban, Mohamed Mansour and Amr Mahmoud, Simplex offers industrial solutions to a wide variety of regional manufacturers spanning a number of industries. Simplex will use the fund to found a factory dedicated to producing advanced CNC machines in Riyadh. Press release: Simplex, a rising startup in the field of CNC machine manufacturing, secures $13 million as part of Saudi efforts to support and localise advanced industries within the Kingdom. Simplex will use the fund to open a huge factory, which is set to be built on a 20,000 square meter site in Riyadh, the Saudi capital, and will be dedicated to producing advanced CNC machines. Simplex signed a memorandum of understanding with Saudi Arabia's National Industrial Development Centre to establish the company's first factory within the Kingdom of Saudi Arabia. The announcement was made during a signing ceremony attended by Eng. Ahmed Shaaban, Chairman of Simplex CNC, and Eng. Khalil ibn Salamah, Vice Minister of Industry and Mineral Resources in Saudi Arabia, along with several key officials from both sides. Commenting on this achievement, Eng. Ahmed Shaaban, Chairman of Simplex, said, "We are grateful for the significant support provided by the Saudi National Industrial Development Centre, which reflects the Kingdom's commitment to enhancing the industrial sector and localising advanced technology. This factory represents a major step towards realising our vision of expanding in regional and global markets and increasing our exports of CNC machines." Shaaban added, "Although we have not yet finalised the target production capacity, we plan to start operating the factory in the first quarter of 2026. This project reflects our commitment to contributing to the development of the Saudi industrial sector, in line with the Kingdom's Vision 2030." Mr. Mohamed Mansour, Co-Founder & Chief Commercial Officer at Simplex, emphasised that the opening of the new factory in Riyadh would be a significant milestone in the company's journey towards expansion and increasing its share in global markets. Mansour stated, "We see Saudi Arabia as a promising market and a strategic hub for exporting our products to the region and the world. The new factory will enable us to meet the growing demand for CNC machines and enhance our presence in international markets." Mansour added, "Our vision is to become a key player in the global CNC machine manufacturing industry. This factory is a significant step towards achieving that vision. We are working on developing innovative products that meet the needs of customers in various industrial sectors, and we hope that this factory will contribute to enhancing the Kingdom's position as a regional industrial centre and increasing its exports of advanced technological products." The opening of the new factory in Riyadh comes as part of Simplex's commitment to supporting Saudi Vision 2030, which aims to diversify the national economy and localize advanced industries. Through this project, the company contributes to strengthening the Kingdom's industrial capabilities, creating new job opportunities, and supporting non-oil exports. Simplex CNC was founded as a startup specialising in CNC machine manufacturing, widely used in manufacturing and process industries. The company is distinguished by providing advanced technological solutions that meet the needs of customers in various industrial sectors. It has successfully built a strong reputation in regional and global markets, with Simplex machines being the preferred choice for customers in more than 50 sectors across 21 countries worldwide.


Zawya
30-01-2025
- Business
- Zawya
Simplex startup secures $13mln investments to build a huge CNC factory in Saudi Arabia
Simplex, a rising startup in the field of CNC machine manufacturing, secures $13 million, as part of Saudi efforts to support and localize advanced industries within the Kingdom. Simplex will use the fund to open a huge factory which set to be built on a 20,000 square meter site in Riyadh, the Saudi capital, will be dedicated to producing advanced CNC machines. Simplex signed a Memorandum of Understanding with Saudi Arabia's National Industrial Development Centre to establish the company's first factory within the Kingdom of Saudi Arabia. The announcement was made during a signing ceremony attended by Eng. Ahmed Shaaban, Chairman of Simplex CNC, and Eng. Khalil ibn Salamah, Vice Minister of Industry and Mineral Resources in Saudi Arabia, along with several key officials from both sides. Commenting on this achievement, Eng. Ahmed Shaaban, Chairman of Simplex, said, "We are grateful for the significant support provided by the Saudi National Industrial Development Center, which reflects the Kingdom's commitment to enhancing the industrial sector and localizing advanced technology. This factory represents a major step towards realizing our vision of expanding in regional and global markets and increasing our exports of CNC machines." Shaaban added, "Although we have not yet finalized the target production capacity, we plan to start operating the factory in the first quarter of 2026. This project reflects our commitment to contributing to the development of the Saudi industrial sector, in line with the Kingdom's Vision 2030." Mr. Mohamed Mansour, Co-Founder & Chief Commercial Officer at Simplex, emphasized that the opening of the new factory in Riyadh would be a significant milestone in the company's journey towards expansion and increasing its share in global markets. Mansour stated, "We see Saudi Arabia as a promising market and a strategic hub for exporting our products to the region and the world. The new factory will enable us to meet the growing demand for CNC machines and enhance our presence in international markets." Mansour added, "Our vision is to become a key player in the global CNC machine manufacturing industry. This factory is a significant step towards achieving that vision. We are working on developing innovative products that meet the needs of customers in various industrial sectors, and we hope that this factory will contribute to enhancing the Kingdom's position as a regional industrial center and increasing its exports of advanced technological products." The opening of the new factory in Riyadh comes as part of Simplex's commitment to supporting Saudi Vision 2030, which aims to diversify the national economy and localize advanced industries. Through this project, the company contributes to strengthening the Kingdom's industrial capabilities, creating new job opportunities, and supporting non-oil exports. About Simplex CNC Simplex CNC was founded as a startup specializing in CNC machine manufacturing, widely used in manufacturing and process industries. The company is distinguished by providing advanced technological solutions that meet the needs of customers in various industrial sectors. It has successfully built a strong reputation in regional and global markets, with Simplex machines being the preferred choice for customers in more than 50 sectors across 21 countries worldwide.