Tyco is a growth-by-acquisition company that bought up marginally profitable companies and divisions of larger companies. They consolidate and move manufacturing where it can be done profitably. Most of that happened 10 or 15 years ago, so I wonder a bit about that part of the

- tale. Sometimes Tyco made a mess, sometimes it worked well, sometimes both, in that order. Regardless of the timing, re's cousin would have lost his job sooner or later, due to his plant being uncompetitive, but by moving manufacturing offshore Tyco saved both that division and at least some jobs in the US. W/O what Tyco did the whole company might have been shuttered and all jobs lost.
BTW, I've had to help work around one of the messes Tyco made, so I don't love them. I'm just trying to speak realistically.