NEWPORT BEACH, Calif.—NuLife Sciences, a company focused on life safety and biomedical technologies based here, announced this week that it will relocate its corporate headquarters to Lafayette, La., following its merger with two companies in the area.
NuLife recently completed a merger with LJR Security Services and its wholly owned subsidiary, Gulf West Security Network, both based in Lafayette and both focused on the life safety and electronic security industry. In October, the company announced that it had also elected Louis Resweber, the former owner of LJR and Gulf West, as the new chairman, president and CEO of NuLife.
Resweber, in the announcement of the relocation, said that the move is part of an overall strategic redirection of the company, and will result in increased business opportunities and a significant reduction in operating costs on a going-forward basis.
“We are extremely proud to call Lafayette our new home,” Resweber said in a prepared statement.
The announcement also noted several statistics about the Lafayette area over the past five years, including being named “the No. 1 metropolitan area in the entire U.S. for overall economic growth, according to Area Development magazine; the No. 5 city in the nation for new job development, according to a study conducted by Business Facilities magazine; the No. 6 city in the United States for the pace of economic growth, as ranked by the Bureau of Economic Analysis; one of the Top 10 small cities, in terms of economics and foreign direct investment, according to FDI Magazine; one of the Top 25 performing cities (for the 6th time in 7 years) according to an index from the Milken Institute; one of the Top 10 healthiest U.S. cities, according to a Gallup-Healthways poll published by 24/7WallStreet.com; and Lafayette was also named the ‘Happiest City in America’ in a Wall Street Journal ‘Market Watch’ report based on a National Bureau of Economic Research study conducted by the University of British Columbia and Harvard.”
NuLife is now looking for a second strategic location in the Houston, Texas region, the announcement said. From this planned new Texas operations base, the company would then be able to spearhead its planned operations in that state, Resweber noted.
“From these two locations, we feel we will be perfectly positioned to execute our business plan of pursuing emerging merger and acquisition (M&A) opportunities in the rapidly-growing, $22 billion domestic security industry,” said Resweber.
“In fact, since August, in the short time since we announced our strategic change of direction—and our tactical move into the electronic security sector—we have already generated tremendous interest among independent alarm dealers and systems integrators in our unique portfolio of products and services,” Resweber added.Topic: Commercial and Systems Integrators Tags: NuLife Sciences, LJR Security Services, Gulf West Security Network, Louis Resweber