×
Newsmax TV & Webwww.newsmax.comFREE - In Google Play
VIEW
×
Newsmax TV & Webwww.newsmax.comFREE - On the App Store
VIEW
Skip to main content
Tags: security | industry | headquarters | palm | beach | county | florida

South Florida Becomes Mecca for Security Industry Giants

By    |   Thursday, 11 October 2012 02:54 PM EDT

The lives of virtually every person in the nation are touched by the country’s top security firms. Whether you have a burglar alarm at your house or a guard watches while you do your banking, the so-called “Big Four” American security firms make your life safer.

And now all of the firms have moved to one area of Florida. With the arrival of Garda World Security Corp to join ADT, G4S, and The Geo Group, Palm Beach County, Fla., is now home to the American or world headquarters of all four giants of the industry.

“Palm Beach should have a new motto: sun, sand – and security,” smiles Kelly Smallridge, CEO of the county’s Business Development Board.

Three of the “Big Four” are based in one seaside city: Boca Raton. Garda – one of the top security solutions and cash logistics firms – moved its U.S. headquarters there last year from Pasadena, Calif.; ADT is a leader in electronic security and monitoring services for homes and small businesses; The Geo Group manages 116 prison and correctional facilities around the world. G4S, headquartered a few miles further north in Jupiter, is a world leader in international security solutions, with 50,000 employees around the U.S. and Canada.

It may seem odd that all four firms have located to the same area, but Smallridge said state and local officials have been aggressive in offering incentives to woo the companies. Garda, for example, was offered $1 million package of incentives from the state and local authorities to move from California and it proved rich enough for Boca Raton to beat competing bids from Broadview, Ill., and Wilmington, Del.

And there’s another reason that Palm Beach County has become the security capital of the nation. Says Smallridge: “CEOs like to live in Palm Beach.”

© 2024 Newsmax. All rights reserved.


US
The lives of virtually every person in the nation are touched by the country s top security firms. Whether you have a burglar alarm at your house or a guard watches while you do your banking, the so-called Big Four American security firms make your life safer. And now...
security,industry,headquarters,palm,beach,county,florida
299
2012-54-11
Thursday, 11 October 2012 02:54 PM
Newsmax Media, Inc.

Sign up for Newsmax’s Daily Newsletter

Receive breaking news and original analysis - sent right to your inbox.

(Optional for Local News)
Privacy: We never share your email address.
Join the Newsmax Community
Read and Post Comments
Please review Community Guidelines before posting a comment.
 
TOP

Interest-Based Advertising | Do not sell or share my personal information

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
America's News Page
© Newsmax Media, Inc.
All Rights Reserved
Download the NewsmaxTV App
Get the NewsmaxTV App for iOS Get the NewsmaxTV App for Android Scan QR code to get the NewsmaxTV App
NEWSMAX.COM
America's News Page
© Newsmax Media, Inc.
All Rights Reserved