Corporate Profile for The Eastern Company, dated Jan. 8


Published Date: Jan. 8
Company Name: The Eastern Company
Address: 112 Bridge Street
         Naugatuck, CT 06770
Main Telephone Number: (203)729-2255 (ext.241)
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Chief Executive Officer: Leonard F. Leganza, ext. 227
Chief Financial Officer: Donald E. Whitmore
Investor Relations Contact: John D. Dibble
Business number: (203)729-2255, ext. 241
Home number: (203)758-9233
Trading Symbol/ Exchange: AMEX:EML
Industry: Lock & industrial hardware manufacturer

Company description: Founded in 1858, Eastern Company is a producer of locks and other specialty industrial hardware with seven operating locations in the USA, Canada, Mexico, and the Pacific Rim.

Trailing 4 quarter sales and net income are 71.6 and 5.2 million respectively.

52 week stock hi/low is 28 1/2 / 16 3/4

Main product lines include lock and other latching devices for truck bodies and for a large cross section of industrial equipment end users. Also, locks for computers and other office equipment and machinery plus contract metal parts for supporting mine roofs as well as for the electrical, automotive, and construction industries.

Recently announced 3rd quarter results represented the seventh consecutive quarter of increase earnings.

Company has paid uninterrupted quarterly dividends since 1940.