The Eastern Company · Naugatuck, CT United States ·(NYSE Alternext: EML)
Company Description
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This link will open in a new window The Eastern Company has latched on to the security industry. The company's security products group makes coin acceptors used in laundry facilities, smart card payment systems, and keyless locks sold under such brands as Sesamee, Presto, and Huski. It also manufactures industrial hardware, including latches, locks, and hinges, used by the transportation industry. Eastern owns a foundry that makes metal anchoring devices to support underground mine roofs, clamps for construction, and railroad brake system components. The company sells mainly to manufacturers, distributors, and locksmiths through its operations in the US, Canada, China, Mexico, and Taiwan. To read the full description, subscribe now.
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Key The Eastern Company Financials
| Company Type | Public - NYSE Alternext: EML Headquarters |
| Fiscal Year-End | December |
| 2008 Sales (mil.) | $135.9 |
| 2008 Employees | 696 |
The Eastern Company Executives
15 executives listed for The Eastern Company's Naugatuck, CT location.
| Title | Name & Bio | Contact |
| Chairman, President, and CEO | Leonard Leganza | Network |
| VP and CFO | John Sullivan | Network |
| Chief Accounting Officer | Kenneth Sapack | Network |
Competition
Competitive Landscape for The Eastern Company
Demand for auto parts is driven by new car sales, which are strongly affected by interest rates, and by the replacement market. Company profitability industry depends partly on the difficulty of manufacturing products and partly on demand volume, since many costs are fixed. Small companies can compete successfully by focusing on a small number of products or some highly technical ones. The structure of the industry is complex, with most smaller companies (referred to as "tier 2" and "tier 3" suppliers) selling parts to larger suppliers (referred to as "tier 1" suppliers), who in turn sell component assemblies or modules to car and truck assemblers such as GM and Ford - collectively called OEMs. To read the full description, subscribe now.Top The Eastern Company Competitors
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