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Schlage
built 639 days ago
Schlage has been a trusted name in home security products for over 85 years. In addition to their strong history of quality and security you will find an expansive line of styles, finishes and designs to suit any decorative whim. Schlage's close attention to quality and design in interior and exterior door hardware allow you to be stylish without sacrificing security.
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Schlage finishes are durable, top quality finishes obtained by the careful processing of solid brass, bronze, stainless steel or other materials. Where required, a protective clear coating is electrostatically applied and cured under high temperature. It is important that climatic conditions and useage be taken under consideration when selecting finishes.
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In 1974, New Jersey-based Ingersoll-Rand Company announced that it agreed to acquire the Schlage Lock Company in an exchange of stock valued at approximately $84 million. Under the agreement, the producer of diversified industrial machinery and equipment would exchange 965,145 shares of Ingersoll-Rand, or 1.23 percent of its shares, for each of Schlage's 784,673 outstanding shares. Schlage Lock would be a wholly owned subsidiary of Ingersoll-Rand and would continue to operate under its current management. In 1973, Schlage Lock had earnings of about $5 million and sales of $75 million.
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The rising demand for Schlage Recognition Systems' products is indicative of the overall market for biometric access control technologies. The International Biometric Industry Association (IBIA) estimates that sales of biometric hardware will increase from $100 million in 2001 to more than $500 million by 2003. The IBIA cites the Middle East as a market with significant growth potential.
Schlage officials say they continue to upgrade their efforts as technology evolves, such as recent improvements in air sparging. That system injects air beneath the water table to promote evaporation and PCE removal.
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Schlage offers an extensive range of reader and credential technologies for every business requirement. With a choice of proximity, multi-technology, contactless, magnetic stripe, biometric, wireless, keypad or bar code technologies, you have the ability to select readers and credentials to fit your individual needs.
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