The Eastern Company
The Eastern Company is a manufacturer of custom-engineered components and products, operating across three primary segments: Industrial Hardware, Security Products, and Metal Products. Founded in 1858 and based in Naugatuck, Connecticut, the company serves various industrial markets both domestically and internationally, with a significant portion of its revenue generated in the United States. The Industrial Hardware segment focuses on designing and manufacturing a range of products, including vehicular hardware and fasteners for industrial equipment. The Security Products segment provides engineered security solutions, including mechanical and electronic products for various applications, particularly in the commercial laundry sector. Meanwhile, the Metal Products segment specializes in ductile and malleable iron castings for industries such as oil, gas, and aerospace. The Eastern Company operates from 18 locations across the U.S., Canada, Mexico, the U.K., Taiwan, and China.
Top Stages
3 past transactions
Big 3 Precision Products
Acquisition in 2019
Big 3 Precision Products is a leading manufacturer specializing in injection blow molds, tooling, and fabrication products, serving a diverse range of industries, including pharmaceuticals, personal care, and automotive. Founded in 1970 and headquartered in Centralia, Illinois, the company provides various services, such as injection stretch blow mold tooling and inventive manifold systems, as well as welding, fabrication, and metal cutting. Its notable customer base includes major firms like GlaxoSmithKline, Bristol-Myers Squibb, Procter & Gamble, Ford, General Motors, and Fiat Chrysler, demonstrating its significant role in both industrial and medical sectors.
Big 3 Precision Products
Acquisition in 2019
Big 3 Precision Products is a leading manufacturer specializing in injection blow molds, tooling, and fabrication products, serving a diverse range of industries, including pharmaceuticals, personal care, and automotive. Founded in 1970 and headquartered in Centralia, Illinois, the company provides various services, such as injection stretch blow mold tooling and inventive manifold systems, as well as welding, fabrication, and metal cutting. Its notable customer base includes major firms like GlaxoSmithKline, Bristol-Myers Squibb, Procter & Gamble, Ford, General Motors, and Fiat Chrysler, demonstrating its significant role in both industrial and medical sectors.
Velvac
Acquisition in 2017
Velvac Inc., established in 1934 in New Berlin, Wisconsin, specializes in designing, manufacturing, and supplying mirrors, vision systems, and various components for the truck equipment and recreational vehicle aftermarkets, as well as for original equipment manufacturers (OEMs) in heavy truck, RV, and specialty vehicle sectors. The company’s extensive product range includes mirrors, cameras, air and electrical products, fittings, fuel system products, and accessories, totaling over 4,000 items. Velvac has established itself as a key player in the North American commercial vehicle market, especially noted for its role as an OEM supplier of mirrors since the mid-1950s. Its products are distributed through dealers, distributors, and sales representatives, and are available online for customers both domestically and internationally. In addition to its manufacturing facility in Reynosa, Mexico, Velvac operates remote warehouses in California, Texas, and Ontario. The company is a subsidiary of The Eastern Company and has a long-standing reputation for enhancing driver safety and well-being through its innovative vision system technology.
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