CompX International

CompX International Inc.
Public limited company
Traded as NYSE MKT: CIX[1]
Industry Security & Protection Services
Founded August 4, 1993
Headquarters Dallas, Texas
Area served
 the United States
Key people
 David Bowers
(CEO)
Services Security Products, Furniture Components and Marine Components
Increase US$ 083.2 million (2012)[2]
Increase US$ 035.0 million (2012)[2]
Total assets Increase US$ 0150.2 million (2012)[2]
Total equity Increase US$ 0102.1 million (2012)[2]
Number of employees
 466 (2013)[3]
Website www.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]

References

External links

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