The Eastern Company 112 Bridge Street PO Box 460 Naugatuck,
CT 06770 United States - Map Phone: 203-729-2255 Fax: 203-723-8653 Website: http://www.easterncompany.com
The Eastern Company manufactures and sells industrial hardware, security products, and metal products in North America. The companys 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, and school bus door closure hardware. This segments 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. It also provides fasteners and other closure devices; and plastic injection moldings. The companys Security Products segment offers electronic and mechanical locking devices for the 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 companys Metal Products segment offers expansion shells for use in supporting the roofs of underground mines; and specialty malleable and ductile iron castings. This segments 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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| The Eastern Company’s ISS Governance QuickScore as of May 1, 2013 is 9. The pillar scores are Audit: 1; Board: 8; Shareholder Rights: 10; Compensation: 7. | | Brought to you by Institutional Shareholder Services (ISS) |
| | Pay | Exercised | Mr. Leonard F. Leganza ,
82 Chairman, Chief Exec. Officer, Pres and Member of Exec. Committee | 969.00K | 0.00 | Mr. John L. Sullivan III,
60 Chief Financial Officer and VP | 479.00K | 0.00 | Mr. Donald S. Tuttle III,
64 Bus. Consultant, Director, Member of Audit Committee, Member of Exec. Committee and Member of Compensation Committee | 24.00K | N/A | Mr. Kenneth R. Sapack ,
49 Chief Accounting Officer and Corp. Controller | N/A | N/A | Ms. Theresa P. Dews ,
Sec. | N/A | N/A |
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| | Amounts are as of Dec 30, 2012 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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