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    The Eastern Company (EML)

    -NasdaqGM
    19.52 Down 0.13(0.66%) 4:00PM EST
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    The Eastern Company
    112 Bridge Street
    Naugatuck, CT 06770
    United States - Map
    Phone: 203-729-2255
    Fax: 203-723-8653
    Website: http://www.easterncompany.com

    Details 
    Index Membership:N/A
    Sector:Industrial Goods
    Industry:Small Tools & Accessories
    Full Time Employees:737

    Business Summary 

    The Eastern Company manufactures and sells industrial hardware, security products, and metal products in the United States and internationally. The company’s Industrial Hardware segment offers passenger restraint locks, slam and draw latches, dead bolt latches, compression latches, cam-type vehicular locks, hinges, tool box locks, light-weight sleeper boxes, school bus door closure hardware, and vents for trucks. Its products are used in tractor-trailer trucks, moving vans, off-road construction and farming equipment, school buses, military vehicles, recreational boats, pickup trucks, sport utility vehicles, and fire and rescue vehicles. This segment also provides fasteners and other closure devices; and plastic injection moldings. The company’s Security Products segment offers electronic and mechanical locking devices for computer, electronics, vending, and gaming industries. Its products also include timers, drop meters, coin chutes, money boxes, meter cases, smart cards, value transfer stations, smart card readers, card management software, access control units, oven door latches, oven door switches, and smoke eliminators. In addition, this segment provides coin acceptors and other coin security products for the commercial laundry markets; hardware and accessories for the appliance industry; and security based on smart card technology for the access control, municipal parking, and vending markets. The company’s Metal Products segment offers expansion shells for use in supporting the roofs of underground mines; and specialty malleable and ductile iron castings. This segment’s products include mine roof support anchors, couplers for railroad braking systems, adjustable clamps for construction, and fittings for electrical installations. The company sells its products to original equipment manufacturers, distributors, route operators, and locksmiths, as well as directly to mines. The Eastern Company was founded in 1858 and is based in Naugatuck, Connecticut.

    Key Statistics


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    Corporate Governance 
    The Eastern Company’s ISS Governance QuickScore as of Jul 1, 2013 is 9. The pillar scores are Audit: 1; Board: 9; Shareholder Rights: 10; Compensation: 7.
    Brought to you by Institutional Shareholder Services (ISS)

    Key Executives 
     PayExercised
    Mr. Leonard F. Leganza , 84
    Chairman, Chief Exec. Officer, Pres and Member of Exec. Committee
    856.00K0.00
    Mr. John L. Sullivan III, 62
    Chief Financial Officer and VP
    501.00K0.00
    Mr. Donald S. Tuttle III, 66
    Bus. Consultant, Director, Member of Audit Committee, Member of Exec. Committee and Member of Compensation Committee
    30.00KN/A
    Mr. Kenneth R. Sapack , 51
    Chief Accounting Officer and Corp. Controller
    N/AN/A
    Ms. Theresa P. Dews ,
    Sec.
    N/AN/A
    Amounts are as of Dec 31, 2013 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
    Currency in USD.
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