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Monday, November 23, 2009, 4:56PM ET - U.S. Markets Closed. Dow Up 1.29% Nasdaq Up 1.40%
Eastern Co. (EML)At 4:00PM ET: 15.90  Up 0.50 (3.25%)  
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Eastern Co.
112 Bridge Street
PO Box 460
Naugatuck, CT 06770
United States - Map
Phone: 203-729-2255
Fax: 203-723-8653
Web Site: http://www.easterncompany.com

DETAILS 
Index Membership:N/A
Sector:Industrial Goods
Industry:Small Tools & Accessories
Full Time Employees:696

BUSINESS SUMMARY 
The Eastern Company engages in the manufacture and sale of industrial hardware, security products, and metal products primarily in North America. The Industrial Hardware segment offers industrial and vehicular hardware, including passenger restraint locks, slam and draw latches, dead bolt and compression latches, cam-type vehicular locks, hinges, tool box locks, light-weight sleeper boxes, and school bus door closure hardware. 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 offers fasteners and other closure devices, as well as plastic injection molding. The Security Products segment manufactures electronic and mechanical locking devices for the computer, electronics, vending, gaming, luggage, furniture, laboratory equipment, and commercial laundry industries. It also offers coin acceptors and other coin security products used primarily in the commercial laundry markets, as well as hardware and accessories for the appliance industry; and security for the access control, municipal parking, and vending markets through the use of smart card technology. Further, its products 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. The Metal Products segment produces expansion shells for use in supporting the roofs of underground mines; and specialty malleable and ductile iron castings. Its products include mine roof support anchors, couplers for railroad braking systems, adjustable clamps for construction, and fittings for electrical installations. The company was founded in 1858 and is based in Naugatuck, Connecticut.
Key Statistics

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    CORPORATE GOVERNANCE 
    Eastern Co.'s Corporate Governance Quotient (CGQ®) as of 6-Nov-09 is better than 8.4% of Russell 3000 companies and 17.1% of Capital Goods companies.
    Brought to you by Institutional Shareholder Services.

    KEY EXECUTIVES 
     PayExercised
    Mr. Leonard F. Leganza , 78
    Chairman, Chief Exec. Officer, Pres and Member of Exec. Committee
    $ 594.00K $ 201.00K
    Mr. John L. Sullivan III, 56
    Chief Financial Officer and VP
    N/A N/A
    Mr. Kenneth R. Sapack , 45
    Chief Accounting Officer and Corp. Controller
    N/A N/A
    Mr. Gene A. Finelli ,
    Treasurer
    N/A N/A
    Ms. Theresa P. Dews ,
    Sec.
    N/A N/A
    Dollar amounts are as of 31-Dec-09 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.
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