CompX International Inc. (CIX)

Overview

CompX International Inc. is a company entrenched in the manufacturing and sale of security products and recreational marine components, with its primary market in North America. The company, which was incorporated in 1993 and is based in Dallas, Texas, operates under the mantle of NL Industries, Inc. as a subsidiary. Its operations are streamlined into two main segments: Security Products and Marine Components, each catering to distinct industries and customer bases. CompX International Inc. not only serves the immediate needs of its clientele through direct sales to original equipment manufacturers but also broadens its reach through an extensive network of distributors, ensuring its products are accessible across its operating regions.

Products and Services

• Security Products:

  This division of CompX International Inc. focuses on the production of both mechanical and electrical cabinet locks, along with various locking mechanisms. These products find applications in a wide array of areas, including ignition systems, mailboxes, file cabinets, desk drawers, tool storage cabinets, high-security medical cabinetry, inventory and access-controlled narcotics boxes, electrical circuit panels, storage compartments, gas station security, and vending and cash containment machines. The segment caters to industries such as recreational transportation, postal services, office and institutional furniture, cabinetry, tool storage, healthcare, and more.

• Marine Components:

  The Marine Components segment is dedicated to the manufacture and distribution of an array of stainless steel exhaust headers, exhaust pipes, mufflers, and other exhaust-related components. Additionally, this segment offers gauges (including GPS speedometers and tachometers), mechanical and electronic controls and throttles, wake enhancement systems, trim tabs, steering wheels, and billet aluminum accessories. Dash panels, LED indicators, wire harnesses, grab handles, pin cleats, and a multitude of related hardware and accessories are also part of this segment’s product portfolio. Primarily serving the ski/wakeboard and performance boat industries, this segment also caters to the wider recreational marine and related industries.