CompX International

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CompX International Inc.
Company typePublic limited company
AMEXCIX[1]
IndustrySecurity & Protection Services
FoundedAugust 4, 1993
HeadquartersDallas, Texas
Area served
the United States
Key people
David Bowers
(CEO)
ServicesSecurity Products, Furniture Components and Marine Components
Increase US$ 083.2 million (2012)[2]
Increase US$ 035.0 million (2012)[2]
Total assetsIncrease US$ 0150.2 million (2012)[2]
Total equityIncrease US$ 0102.1 million (2012)[2]
Number of employees
466 (2013)[3]
Websitewww.compx.com

CompX International Inc. is one of the largest manufacturers of security products and recreational marine components in the world.[4] Located in Dallas, Texas, CompX International Inc. is also a subsidiary of NL Industries, Inc.[3] The business of the company is divided into three segments: Security Products, Furniture Components and Marine Components. Their products are designed to meet the high-end applications.[5] CompX International Inc. offers its products through original equipment manufacturers and distributors.[6]

History

Based in Dallas, Texas, the company was founded to open business on August 4, 1993.[7][8]

In March 1998, CompX International Inc. completed its Initial Public Offering, making it a public company with stocks traded on the New York Stock Exchange under the symbol of ‘’’CIX’’’.[5]

On Jan 11, 2000, CompX International Inc. acquired Chicago Lock Co. successfully for about $9.2 million in cash, which was borrowed under its existing credit facility.[9]

In 1999, CompX International moved the corporate headquarters from Mauldin, S.C. to Houston.[10][11]

In May 2002, CompX International achieved an agreement to close its Dallas corporate office.[12]

In September 2004, NL Industries completed the acquisition of 68% of CompX International for $168.6 million.[13]

In December 2012, CompX International Inc. sold its Furniture Components operations to Knape & Vogt Manufacturing Company for approximately $59 million in cash.[14]

Leadership

The main person of the company are listed as follows[15]

  • David Bowers - President, Chief Executive Officer
  • Darryl Halbert - Chief Financial Officer

References

  1. ^ traded marks
  2. ^ a b c d 2012 Annual Report
  3. ^ a b number of employees
  4. ^ "General business in annual report" (PDF).
  5. ^ a b Products aimed markedt Porduct market
  6. ^ Company descriptions]
  7. ^ Foundation in Yahoo
  8. ^ foundation time
  9. ^ [1]
  10. ^ "CompX moves to Houston" Houston Business Journal
  11. ^ CompX moved to Houston
  12. ^ CompX International close Dallas corporate office
  13. ^ "NL Industries closes buy of 68% of CompX for $168.6M". September 24, 2004. Retrieved Dec 6, 2013.
  14. ^ "COMPX Announces the Completion of the Sale of its Furniture Components Operation".
  15. ^ Managers

External links