logo
Unsettled by NYC shooting, companies wonder if their offices are safe

Unsettled by NYC shooting, companies wonder if their offices are safe

NEW YORK (AP) — Businesses around the country are reevaluating security after a brazen shooting at a New York City office building raised questions about what it takes to keep workplaces safe.
The attack on a seemingly secure building — in a gilded part of Manhattan where the rich live in sprawling apartments and tourists window-shop designer stores — has rattled workers and prompted managers to examine whether they are adequately protected.
'What should we be doing different?' clients are asking, said Brian Higgins, founder of Group 77, a Mahwah, New Jersey, security company that is among those getting peppered with an influx of calls. 'How can we prevent something like this?'
The gut reaction of some companies, Higgins said, is to buy the latest technology and blanket their workplace in cameras. But, he cautioned, that's only only effective if paired with consistency and long-term monitoring.
'If you're going to add a security measure … you have to make sure you maintain it,' said Higgins, a former police chief who teaches security at John Jay College of Criminal Justice.
Four people were killed in the shooting Monday before the gunman died by suicide. Images of the shooter, toting a long rifle on a street in the biggest U.S. city, then terrorizing an office building, have companies desperate to do something to keep the scene from repeating.
'People are frightened, people are asking questions,' said Dave Komendat, the Seattle-based chief security officer at Corporate Security Advisors, where calls are also spiking.
With the U.S. locked in a pattern of gun violence virtually unparalleled in the world, security firms are used to the rhythms of the business. While attacks at a corporate office are less commonplace, a major shooting or an attack on an executive focuses attention back on security for a time, before receding.
'Give it a couple weeks, a month or so, it'll go back,' Higgins said of the increased call volume. 'When security issues don't happen for a while and companies start reexamining their budget, security is one of those things that companies cut.'
Gene Petrino, CEO of Survival Response in Coral Springs, Florida, has also seen an uptick in calls from potential new customers, but expects it to be fleeting.
'When things are calm it's seen as an expense they don't need right away,' he said, 'and then when a tragedy happens it's a priority again.'
Petrino said companies can make changes that aren't intrusive like using cameras with artificial intelligence capabilities to identify weapons. Sometimes, it may just be a matter of improving lighting in a hallway or putting up convex mirrors to see around a corner.
'Everything doesn't have to be bulletproof and locked with security cameras everywhere,' he said. 'You don't have to be Fort Knox. You can have very basic things.'
Monday Mornings
The latest local business news and a lookahead to the coming week.
Michael Evanoff, chief security officer of Verkada, a building security company based in San Mateo, California, said technology like AI-enabled cameras to help identify threats have become even more important amid a shortage of guards.
'It's harder than many realize to find and retain trained personnel,' Evanoff said. 'That makes it even more essential that guards are equipped with technology that can extend their reach.'
Security at 345 Park Avenue, the site of the shooting, included an off-duty New York Police Department officer working as a guard. He was among those killed.
Rudin, the leasing company that manages the building, did not respond to a query about when the building will reopen or whether new security measures will be implemented. No matter what, though, every workplace has vulnerabilities.
'The security team has to be perfect to 100% of the time,' said Komendat, a former chief security officer for Boeing. 'Someone like this just needs to be lucky once.'
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

PyroGenesis Expands into Europe with First Titanium Powder Order
PyroGenesis Expands into Europe with First Titanium Powder Order

The Market Online

time4 hours ago

  • The Market Online

PyroGenesis Expands into Europe with First Titanium Powder Order

Montreal-based PyroGenesis Canada Inc. has secured its first commercial contract for titanium metal powder from a European client Europe Metal 3D Printing Market Size & Outlook projected to grow to US$11.2 B by 2030 Titanium is notably classified as a critical mineral by the Canadian government First European Titanium Contract In a notable milestone for its additive manufacturing division, Montreal-based PyroGenesis Canada Inc. (TSX: PYR, OTCQX: PYRGF) has secured its first commercial contract for titanium metal powder from a European client in the advanced manufacturing space, the company announced on July 31. This content has been prepared as part of a partnership with PyroGenesis Inc., and is intended for informational purposes only. The contract marks the company's debut transaction with a European-based engineering and materials science firm focused on additive manufacturing technologies, specifically electron beam melting (EBM) and direct energy deposition (DED). At the heart of the deal is PyroGenesis's Ti-6Al-4V coarse-cut titanium powder, produced using its proprietary NexGen™ plasma atomization system—a process that has recently won praise from some of the most demanding stakeholders in the aerospace and defence sectors. 'This order confirms the readiness of our NexGen™ powder production for demanding, real-world applications,' said CEO P. Peter Pascali in a statement. 'It's a significant commercial validation.' Peter Pascali, CEO of PyroGenesis Canada Inc. Industry and Market Context Additive manufacturing has long promised to disrupt how we build everything from jet engine components to orthopedic implants. But at its core lies a challenge: creating high-purity, uniformly sized metal powders that meet tight tolerances and performance metrics. Additionally, PyroGenesis's entry into this market hasn't gone unnoticed. It's coarse powder product, particularly in the 53–150 µm size range, has already passed rigorous qualification by a major aerospace OEM—widely speculated to be Boeing, which granted the company 'approved supplier' status earlier this year. The current contract, though undisclosed in size, is strategically significant: it reflects a shift in PyroGenesis's European go-to-market strategy, moving from distributor-based sales to direct client engagement, enabling better margins, faster cycles, and deeper integration with OEMs. Metric Details Projected Market Size (2030) US $11.2 billion CAGR (2024–2030) 24.8% Key Industries Driving Growth – Automotive– Aerospace & Aviation– Machinery – Electronics Market Position Europe is a global hub for advanced manufacturing Europe Metal 3D Printing Market Size & Outlook, 2023-2030. (Source: Grandview Research). Titanium Classified as a Critical Mineral PyroGenesis' production of high-quality titanium metal powders is part of its broader three-vertical solution strategy designed to address key economic drivers in global heavy industry. Furthermore, this work falls under the Commodity Security & Optimization vertical. which focuses on advanced material production and technologies—like plasma processing—to recover valuable metals and minerals from industrial waste, enhancing the availability of critical resources. Evidently, titanium is notably classified as a critical mineral by the Canadian government, plays a central role in this initiative. Equally important, PyroGenesis' two other strategic verticals are Energy Transition and Emission Reduction and Waste Remediation. Strategic Pivot to Europe: A $10 Billion Opportunity The deal underscores PyroGenesis's growing focus on the European additive manufacturing market. The market is projected to exceed $11.2 billion by 2030, according to independent industry research. In addition, the company's exit from its distribution arrangement with Aubert & Duval—announced in 2024—freed PyroGenesis to pursue direct sales relationships across the continent. 'This customer is a key technology hub in Europe,' noted Massimo Dattilo, VP of Sales. 'We believe this initial engagement opens the door to more substantial long-term contracts.' Massimo Dattilo, VP of Sales, PyroGenesis Canada Landmark Titanium Orders Additionally, over the past 18 months, PyroGenesis has transformed its metal powder business from pilot-scale shipments to full commercial operations. Given that, in May 2025, it received a landmark 5-tonne titanium powder order from a U.S.-based customer, followed by a 6-tonne reorder—underscoring the sector's readiness to scale. Meanwhile, its NexGen™ production line continues to be a differentiator. Compared to legacy systems, NexGen™ delivers higher throughput, lower cost-per-kilogram, and greater particle size control—making it especially well-suited for aerospace and defence applications where certification is non-negotiable. Another key point, PyroGenesis will host a conference call at 12:00 PM Eastern Time on Thursday, August 7th, 2025. The company will discuss second quarter 2025 financial results ending June, 30, 2025. Join the discussion: Find out what the Bullboards are saying about PyroGenesis Canada Inc. and check out Stockhouse's stock forums and message boards. Stockhouse does not provide investment advice or recommendations. All investment decisions should be made based on your own research and consultation with a registered investment professional. The issuer is solely responsible for the accuracy of the information contained herein. For full disclaimer information, please click here.

CMP Next Edge 2025 Critical and Precious Metals Short Duration Flow-Through Limited Partnership Raises $9,353,250 on First Closing
CMP Next Edge 2025 Critical and Precious Metals Short Duration Flow-Through Limited Partnership Raises $9,353,250 on First Closing

Cision Canada

time4 hours ago

  • Cision Canada

CMP Next Edge 2025 Critical and Precious Metals Short Duration Flow-Through Limited Partnership Raises $9,353,250 on First Closing

TORONTO, Aug. 1, 2025 /CNW/ - Next Edge Capital Corp. ("Next Edge" or the "Manager") is pleased to announce that CMP Next Edge 2025 Critical and Precious Metals Short Duration Flow-Through Limited Partnership (the "Partnership") has completed the first closing of its initial public offering on July 31, 2025 of 270,580 Series A Units and 103,550 Series F Units (collectively, the "Units") for aggregate gross proceeds of $9,353,250. The Partnership anticipates completing a second and final closing on or about September 24, 2025. The Units are being offered in all provinces in Canada at a price per Unit of $25.00 with a minimum subscription of 200 Units ($5,000). The Manager has retained Palos Wealth Management Inc. to provide portfolio management services to the Partnership. The offering is being made through a syndicate of agents led by National Bank Financial Inc., CIBC World Markets Inc., RBC Dominion Securities Inc., and Scotia Capital Inc. as joint bookrunners and includes BMO Nesbitt Burns Inc., Canaccord Genuity Corp., IA Private Wealth Inc., Desjardins Securities Inc., Raymond James Ltd., Richardson Wealth Limited, CI Investment Services Inc., Manulife Wealth Inc., Research Capital Corp., Ventum Financial Corp. and Wellington-Altus Private Wealth Inc. The federal tax shelter identification number in respect of the Partnership is TS 099879 and the Québec tax shelter identification number in respect of the Partnership is QAF-25-02261. The identification number issued for this tax shelter is to be included in any income tax return filed by the investor. Issuance of the identification number is for administrative purposes only and does not in any way confirm the entitlement of any investor to claim any tax benefits associated with the tax shelter. Le numéro d'identification attribué à cet abri fiscal doit figurer dans toute déclaration d'impôt sur le revenu produite par l'investisseur. L'attribution de ce numéro n'est qu'une formalité administrative et ne confirme aucunement le droit de l'investisseur aux avantages fiscaux découlant de cet abri fiscal. About Next Edge Next Edge is an investment fund manager and a leader in the structuring and distribution of alternative, private credit and value-added fund products in Canada. The firm is led by an experienced management team that has launched numerous investment solutions in a variety of product structures and has been responsible for raising over $3 billion of alternative assets since 2000. 1 Next Edge specializes and focuses on providing unique, non-correlated pooled investment vehicles to the Canadian marketplace. 1 Please note that over CAD $2 billion of the CAD $3 billion of alternative assets raised relates to assets that were raised at a previous firm(s). About Palos Wealth Management Inc. Palos is a Montreal-based wealth and investment management firm with over 20 years of experience providing innovative investment solutions. Palos specializes in active portfolio management, focusing on delivering high-performing investment strategies and consistent, risk-adjusted returns tailored to the needs of their clients. With a proven track record in resource-focused investments and a commitment to excellence, Palos is a trusted partner for clients across Canada. Next Edge Capital Corp., 18 King Street East, Suite 902, Toronto, Ontario M5C 1C4 The offering is made only by prospectus. The prospectus contains important detailed information about the securities being offered. Copies of the prospectus may be obtained from any of the Agents. Investors should read the prospectus before making an investment decision. There are ongoing fees and expenses associated with owning securities of an investment fund. An investment fund must prepare disclosure documents that contain key information about the fund. You can find more detailed information about the fund in these documents. Investment funds are not guaranteed, their values change frequently and past performance may not be repeated. The Units have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act"), or the securities laws of any state of the United States, and may not be offered or sold, directly or indirectly, in the United States (as defined in Regulation S under the U.S. Securities Act) unless registered under the U.S. Securities Act and applicable securities laws of any state of the United States or in reliance on an exemption from such registration requirements. This news release does not constitute an offer to sell, or a solicitation of an offer to buy any of the Fund's securities referred to herein in the United States.

Manhunt launched after 4 killed in shooting at Montana bar
Manhunt launched after 4 killed in shooting at Montana bar

Toronto Sun

time4 hours ago

  • Toronto Sun

Manhunt launched after 4 killed in shooting at Montana bar

Published Aug 01, 2025 • 1 minute read Police and other emergency personnel are seen after a reported shooting in Anaconda, Mont., Friday, Aug. 1, 2025. Photo by Joseph Scheller / The Montana Standard via AP ANACONDA, Mont. — Four people were killed in a shooting at a Montana bar Friday, authorities said as they launched a manhunt for the suspect. This advertisement has not loaded yet, but your article continues below. THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY Subscribe now to read the latest news in your city and across Canada. Unlimited online access to articles from across Canada with one account. Get exclusive access to the Toronto Sun ePaper, an electronic replica of the print edition that you can share, download and comment on. Enjoy insights and behind-the-scenes analysis from our award-winning journalists. Support local journalists and the next generation of journalists. Daily puzzles including the New York Times Crossword. SUBSCRIBE TO UNLOCK MORE ARTICLES Subscribe now to read the latest news in your city and across Canada. Unlimited online access to articles from across Canada with one account. Get exclusive access to the Toronto Sun ePaper, an electronic replica of the print edition that you can share, download and comment on. Enjoy insights and behind-the-scenes analysis from our award-winning journalists. Support local journalists and the next generation of journalists. Daily puzzles including the New York Times Crossword. REGISTER / SIGN IN TO UNLOCK MORE ARTICLES Create an account or sign in to continue with your reading experience. Access articles from across Canada with one account. Share your thoughts and join the conversation in the comments. Enjoy additional articles per month. Get email updates from your favourite authors. THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK. Create an account or sign in to continue with your reading experience. Access articles from across Canada with one account Share your thoughts and join the conversation in the comments Enjoy additional articles per month Get email updates from your favourite authors Don't have an account? Create Account The suspect was last seen in the Stump Town area, which is just west of Anaconda, according to a Facebook post by the Anaconda-Deer Lodge County Law Enforcement Center. He was believed to still be armed, the Montana Highway Patrol said in a statement. The shooting happened around 10:30 a.m. on Friday at The Owl Bar, according to the Montana Division of Criminal Investigation, which is leading the investigation. The agency confirmed four people were pronounced dead at the scene and that it was an active investigation. Authorities have yet to release details about what led to the shooting. Law enforcement personnel respond to a reported shooting in Anaconda, Mont., Friday, Aug. 1, 2025. Photo by Joseph Scheller / The Montana Standard via AP More than a dozen officers from local and state police converged on Stump Town where they appeared to be searching for the suspect in the woods. His home in Anaconda had already been cleared by a SWAT team, according to the Granite County Sheriff's office. Anaconda is about 75 miles (120 kilometres) southeast of Missoula. The owner of the Firefly Cafe in Anaconda said she locked up her business at about 11 a.m. Friday after getting alerted to the shooting by a friend. Two hours later, she was still waiting for an all clear before reopening. 'We are Montana, so guns are not new to us. For our town to be locked down, everybody's pretty rattled,' cafe owner Barbie Nelson said. 'It's a small town, so we all probably know someone who was there' at the shooting. she added. Canada Toronto & GTA Celebrity Columnists Toronto Blue Jays

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store