EML - The Eastern Company

NasdaqGM - NasdaqGM Delayed Price. Currency in USD

The Eastern Company

112 Bridge Street
PO Box 460
Naugatuck, CT 06770
United States
203-729-2255
http://www.easterncompany.com

SectorIndustrial Goods
IndustrySmall Tools & Accessories
Full Time Employees862

Key Executives

NameTitlePayExercisedAge
Mr. August M. VlakCEO, Pres & Director954.67kN/A50
Mr. John L. Sullivan IIIChief Financial Officer and VP474.4kN/A64
Mr. Angelo M. LabbadiaChief Operating Officer and VP445.77kN/A59
Ms. Theresa P. DewsSec.N/AN/AN/A
Mr. Gene A. FinelliTreasurerN/AN/AN/A
Amounts are as of December 31, 2016 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.

Description

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 Class 8 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 printed circuit boards and other electronic assemblies for industrial controls, medical, and military markets. The company’s Metal Products segment offers expansion shells to support 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, support anchoring for construction, and couplers/fittings for utility industries. The company sells its products to original equipment manufacturers, distributors, route operators, and locksmiths The Eastern Company was founded in 1858 and is based in Naugatuck, Connecticut.

Corporate Governance

The Eastern Company’s ISS Governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder Rights: N/A; Compensation: N/A.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.