The Eastern Company (Eastern) designs, manufactures, and sells unique engineered solutions to industrial markets.
The company maintains fifteen physical locations across North America and Asia.
In the third quarter of 2024, the company decided to sell Big 3 Mold.
On June 29, 2023, the company acquired certain assets of Sureflex, Inc. (‘Sureflex’). Sureflex, which manufactures tractor-trailer electrical connection cable assemblies, is part of Eastern’s Velvac subsidiary.
On May 1, 2023, the c...
The Eastern Company (Eastern) designs, manufactures, and sells unique engineered solutions to industrial markets.
The company maintains fifteen physical locations across North America and Asia.
In the third quarter of 2024, the company decided to sell Big 3 Mold.
On June 29, 2023, the company acquired certain assets of Sureflex, Inc. (‘Sureflex’). Sureflex, which manufactures tractor-trailer electrical connection cable assemblies, is part of Eastern’s Velvac subsidiary.
On May 1, 2023, the company announced plans to close Associated Toolmakers, Limited, its European mold tooling service facility based in the U.K. The closure was completed in the second quarter of 2023.
The company has one reportable segment: Engineered Solutions. The Engineered Solutions segment provides engineered solutions to support the company’s customers’ needs primarily in the commercial transportation and logistics markets.
The Engineered Solutions segment consists of Big 3 Precision, including Big 3 Precision Products Inc. (‘Big 3 Products’) and Big 3 Mold, and Hallink Moulds, Inc. (‘Hallink Moulds’ or ‘Hallink’); Eberhard Manufacturing Company (‘Eberhard Manufacturing’), Eastern Industrial Ltd, World Lock Company Ltd., Dongguan Reeworld Security Products Ltd., and World Security Industries (together, ‘Eberhard’); and Velvac Holdings Inc. (‘Velvac’). These businesses design, manufacture, and market a diverse product line of custom and standard vehicular and industrial hardware, including turnkey returnable packaging solutions, access and security hardware, mirrors, and mirror-cameras.
Big 3 Products’ turnkey returnable packaging solutions are used in the assembly processes of vehicles, aircraft, and durable goods and works with leading original equipment manufacturers (‘OEMs’) to design and produce custom returnable transport packaging to integrate with OEM assembly processes.
Big 3 Mold is a global leader in the design and manufacture of blow mold tools and in the production processes of plastic packaging products, packaged consumer goods and pharmaceuticals. Hallink Moulds is a leader in innovative injection blow mold tooling and is a leading supplier of blow molds and change parts to the food, beverage, healthcare, and chemical industries. Hallink specializes in the design, development and manufacture of 2-step stretch blow molds, and related components for the stretch blow molding industry offering integrated turnkey solutions to its customers worldwide.
Eberhard, a global leader in the engineering and manufacturing of access and security hardware, offers a standard product line of rotary latches, compression latches, draw latches, hinges, camlocks, key switches, padlocks, and handles, among other products, as well as comprehensive development and program management services for custom electromechanical and mechanical systems designed for specific OEMs and customer applications. Eberhard’s products are found in an expansive range of applications and products globally.
Velvac is a designer and manufacturer of proprietary vision technology for OEMs and aftermarket applications, and a leading provider of aftermarket components to the heavy-duty truck market in North America. Velvac serves diverse, niche segments within the heavy- and medium-duty truck, motorhome, and bus markets.
History
The Eastern Company was founded in 1858. The company was incorporated under the laws of the state of Connecticut in 1912.