PROVO, UTAH (December 15, 2008) - The nation’s down economy has seen a
deterioration of jobs across the country, something some experts say is unlikely to turn
around soon with the unemployment rate at a five-year high. Earlier this month, the
Associated Press reported a near half-million jobs “virtually vanished” in November.
But some Utah companies are still seeing positive results, including Utah-based Pinnacle
Security, and hoping to help turn things around.
“At Pinnacle we feel like we’ve actually been able to help during these hard economic
times,” said Christopher B. Munday, CEO of Pinnacle. “We’ve been creating more jobs
and bringing more people on board and hopefully that helps the local economy during
these difficult times.”
Throughout 2008, Pinnacle employed more than 500 employees at their corporate office
in Utah and another 1,500 sales personnel throughout the United States and Canada.
Continued growth coupled with growth projections in 2009 have the company currently
committing to additional facilities in Utah County.
“While it is difficult to fully understand the impact the economic downturn will have on
our business, we remain very optimistic that Pinnacle will experience significant growth
in 2009,” said Steve Hafen, COO of Pinnacle. “With this growth, it is likely that Pinnacle
will be increasing hiring in the coming months.”
Pinnacle Security is an industry leader in providing quality residential and commercial
security solutions that help individuals realize the peace-of-mind that comes from
protecting the things that matter most. Pinnacle is headquartered in Orem, Utah, and has
sales offices throughout North America. Founded in 2001, Pinnacle is a long-standing
partner of the Better Business Bureau. For more information, please visit
http://www.pinnaclesecurity.com.