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Strattec Security Corporation - Company Profile Snapshot

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Company Profile: Strattec Security Corporation
Ticker: STRT
Exchanges: NAS
2009 Sales: 126,100,000
Major Industry: Metal Product Manufacturers
Sub Industry: Miscellaneous Metal Products Manufacturers
Country: UNITED STATES
Employees: 1655

Business Description
Strattec Security Corporation. The Group's principal activity is to design, develop, manufacture and market mechanical and electro-mechanical locks and related access-control products. The products are locks and keys for cars and trucks. A typical automobile contains a set of three to four locks: a ignition lock, a glove box lock, left front door lock and a deck lid lock. Some vehicles have additional locks for folding rear seat latches, spare tire locks and burglar alarm locks. Additional products include zinc die-cast and magnesium steering column lock housings. It is expanding the automotive security or access control product offerings to include hood latches, trunk or liftgate latches, door latches, door handles, and vehicle access modules that contain some or all of these components. The customers include General Motors Corporation, Ford Motor Company and Daimler Chrysler Corporation. On 12-Feb-2009, the Group acquired Asian portion.

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