Eastern

EML · NASDAQ

$24.17+$0.52 (+2.20%)TodayMarket closed · Oct 20, 4:00 PM ET

Prev close $23.65

About EML

The Eastern Co. engages in the design, manufacture, and sale of engineered solutions. The company is headquartered in Shelton, Connecticut and currently employs 1,246 full-time employees. The firm has one reportable segment: Engineered Solutions. The Engineered Solutions segment provides engineered solutions to support its customers' needs in the commercial transportation and logistics markets. The company designs, manufactures, and markets a diverse product line of custom and standard vehicular and industrial hardware, including turnkey returnable packaging solutions, access and security hardware, mirrors, and mirror-cameras. The company offers a standard product line of rotary latches, compression latches, draw latches, hinges, camlocks, key switches, padlocks, and handles, among other products. Its subsidiary, Velvac Holdings Inc., is a designer and manufacturer of proprietary vision technology for original equipment manufacturers (OEMs) and aftermarket applications, and a provider of aftermarket components to the heavy-duty truck market in North America.

Employees: 1,239
Headquarters: Shelton, Connecticut
Listed: Mar 17, 1980
Sector: Industrials
Industry: Machinery
Website: easterncompany.com

Leadership

Eastern executives
Name	Title	Since	Age
James Mitarotonda	—	—	70
Ryan Schroeder	—	2024	49
John Everets	—	—	79
Nicholas Vlahos	—	—	43
Frederick Disanto	—	—	63
Chan Galbato	—	—	62
Charles Henry	—	—	75
Michael Mardy	—	—	76
Peggy Scott	—	—	73

Revenue by product and region

Fiscal year ended Dec 30, 2017: $204.24M total revenue

By product

The Industrial Hardware segment consists of Eberhard Manufacturing, Eberhard Hardware Manufacturing Ltd., Canadian Commercial Vehicles Corporation, Eastern Industrial Ltd. and Sesamee Mexicana, S.A. de C.V. The units design, manufacture and market a diverse product line of industrial and vehicular hardware throughout North America.$115.27M56.4%
The Security Products segment, made up of Greenwald Industries, Illinois Lock Company/CCL Security Products/Royal Lock, World Lock Company Ltd. and World Security Industries Ltd., is a leading manufacturer of security products. This segment manufactures electronic and mechanical locking devices, both keyed and keyless, for the computer, electronics, vending and gaming industries.$60.98M29.9%
The Metal Products segment, based at the Company's Frazer And Jones facility, is the largest and most efficient producer of expansion shells for use in supporting the roofs of underground mines. This segment also manufactures specialty malleable and ductile iron castings.$27.99M13.7%
The Security Products segment, made up of Greenwald Industries, Illinois Lock Company/CCL Security Products/Royal Lock, World Lock Company Ltd. and World Security Industries Ltd., is a leading manufacturer of security products. This segment manufactures electronic and mechanical locking devices, both keyed and keyless, for the computer, electronics, vending and gaming industries.$2.94M1.4%
The Industrial Hardware segment consists of Eberhard Manufacturing, Eberhard Hardware Manufacturing Ltd., Canadian Commercial Vehicles Corporation, Eastern Industrial Ltd. and Sesamee Mexicana, S.A. de C.V. The units design, manufacture and market a diverse product line of industrial and vehicular hardware throughout North America.$524.54K0.3%
The Metal Products segment, based at the Company's Frazer And Jones facility, is the largest and most efficient producer of expansion shells for use in supporting the roofs of underground mines. This segment also manufactures specialty malleable and ductile iron castings.$21.43K0.0%

By region

United States [Member]$178.12M87.2%
Foreign [Member]$26.11M12.8%

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