The Eastern Company

Last updated
The Eastern Company
Company type Public
Nasdaq:  EML
IndustrySmall Tools & Accessories
Founded1858;166 years ago (1858)
Headquarters,
United States
Key people
Leonard F. Fagenza
(CEO, president, chairman) (2012.12)
Productssecurity products, metal products, industry hardware
Website easterncompany.com

The Eastern Company was set up in 1858 and now is headquartered in Naugatuck, Connecticut. The company operates in three segments: Industrial Hardware; Security Products; Metal Products. As of November, 2013 the company owns four main subsidiaries namely Eberhard Hardware Manufacturing Ltd. (Canada); Sesamee Mexicana (Mexico); World Lock Co. Ltd. (Taiwan); World Security Industries Co. Ltd. (Hong Kong). [1] [2]

Contents

History

Products and services

The Eastern Company focuses on the security products, metal products and industrial hardware.
The Industrial Hardware
Different kinds of locks and latches, hinges, sleeper boxes, and other hardware widely used in vehicles of agriculture, education, military, sports, fire and medical, and some industry markets.
The Security Products
Electronic and mechanical locking devices (such as timers, drop meters, coin security products, smart cards and related equipment and technology, value transfer stations, access control units, and some appliances in kitchen) for electric equipment in consumer market and gaming industries. The company also provides security products such as luggage, furniture, laboratory equipment and commercial laundry.
The Metal Products
Expansion support anchors for the roofs of mines, couplers for railroad braking systems, clamps for construction, and fittings for electrical installations. [1] [5]

Operations

Leonard F. Leganza currently serves as the CEO and the president of the company. Here is a list of The Eastern Company, Inc's senior officers and directors (2012.12): [1] [5] [6]

NameAgeSinceCurrent position
Leonard F. Leganza822006Chairman of the board, president, chief executive officer
John L. Sullivan III602006 Chief financial officer, vice president
Kenneth R. Sapackn.an.a Chief accounting officer and corp. controller
John W. Everets661993Independent director
Charles W. Henry631989Independent director
David C. Robinson701990Independent director
Donald S. Tuttle III641988Bus. consultant, director, member of audit committee, member of exec. committee and member of compensation committee

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References

  1. 1 2 3 "Business Summary".
  2. "Company Full Description". Archived from the original on 2013-12-03.
  3. "Branded Kitchen" . Retrieved 2 July 2017.
  4. "The Eastern Company History".
  5. 1 2 "Description".
  6. "Eastern Co's People".