Pittsburgh-based Vector Security Inc. may have completed a new credit facility valued at $225 million, which includes $75 million in new financing, but it is certainly not going to go spend it all in one place.
Vector Security’s three year-old Loss Prevention Foundation (LPF) scholarship program, saw its largest applicant numbers to date. This year, 105 applications were received, doubling last year’s number. If the adage “the third time is the charm” is a predictor of what will come, it certainly held true when it came to the results of Vector Security’s 2011 Loss Prevention Foundation (LPF) scholarship program, the company stated.