Business Description
CompX International Inc., incorporated in Delaware in 1993, is a leading manufacturer
of security products used in the recreational transportation, postal, office
and institutional furniture, cabinetry, tool storage, healthcare and a variety
of other industries. We are also a leading manufacturer of stainless steel exhaust
systems, gauges, throttle controls, and trim tabs for the recreational marine
industry. Our products are principally designed for use in medium to high-end
product applications, where design, quality and durability are valued by our
customers.
We manufacture engineered components that are sold to a variety of industries
including recreational transportation (including boats), postal, office and
institutional furniture, cabinetry, tool storage, healthcare, gas stations and
vending equipment.
We currently have two operating business segments – Security Products
and Marine Components.
Our Security Products segment manufactures mechanical and electronic cabinet
locks and other locking mechanisms used in a variety of applications including
ignition systems, mailboxes, file cabinets, desk drawers, tool storage cabinets,
vending and gaming machines, high security medical cabinetry, electronic circuit
panels, storage compartments and gas station security. Our Security Products
segment has one manufacturing facility in Mauldin, South Carolina and one in
Grayslake, Illinois shared with Marine Components. We believe we are a North
American market leader in the manufacture and sale of cabinet locks and other
locking mechanisms.
Marine Components. Our Marine Components segment manufactures and distributes
stainless steel exhaust components, gauges, throttle controls, trim tabs, hardware
and accessories primarily for performance and ski/wakeboard boats. Our Marine
Components segment has a facility in Neenah, Wisconsin and a facility in Grayslake,
Illinois shared with Security Products. Our specialty Marine Component products
are high precision components designed to operate within tight tolerances in
the highly demanding marine environment.
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