About The Eastern Company
The Eastern Company is a company based in Naugatuck (United States) founded in 1858.. The company has 1,250 employees as of December 31, 2024. The Eastern Company has completed 2 acquisitions, including BIG 3 Precision and Velvac. The Eastern Company offers products and services including Vision Systems and Custom-Engineered Hardware.
- Headquarter Naugatuck, United States
- Employees 1250 as on 31 Dec, 2024
- Stage Public
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Sectors
Industrial Goods & Manufacturing
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Eastern Company (The)
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Annual Revenue
$272.75 M5.37as on Dec 31, 2024
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Net Profit
$14.56 M69.58as on Dec 31, 2024
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EBITDA
$26.43 M17.97as on Dec 31, 2024
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Latest Funding Round
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Investors
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Employee Count
1250
as on Dec 31, 2024
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Investments & Acquisitions
BIG 3 Precision
& 1 more
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IPO & Listings of The Eastern Company
The Eastern Company is a publicly listed company on the NASDAQ with ticker symbol EML in USA, operating in the Consumer durables sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of The Eastern Company
The Eastern Company offers a comprehensive portfolio of products and services, including Vision Systems and Custom-Engineered Hardware. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Vision systems are supplied to heavy and medium-duty truck OEMs and recreational vehicles, serving as essential components in various applications
Custom-engineered industrial and vehicular hardware is manufactured and sold, addressing specific market needs through extensive product lines
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Leadership Team
1 people
Finance and Accounting
1 people
Treasurer Team
1 people
Software Development Team
1 people
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Funding Insights of The Eastern Company
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by The Eastern Company
The Eastern Company has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include BIG 3 Precision and Velvac. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Steel racks and containers are manufactured by BIG 3 Precision.
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1970 | ||||
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Manufacturer and supplier of major auto components to OEMs and aftermarket
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1934 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - The Eastern Company
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
The Eastern Company Comparisons
Competitors of The Eastern Company
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on The Eastern Company
Frequently Asked Questions about The Eastern Company
When was The Eastern Company founded?
The Eastern Company was founded in 1858.
Where is The Eastern Company located?
The Eastern Company is headquartered in Naugatuck, United States. It is registered at Naugatuck, Connecticut, United States.
Who is the current CEO of The Eastern Company?
August M. Vlak is the current CEO of The Eastern Company.
How many employees does The Eastern Company have?
As of Dec 31, 2024, the latest employee count at The Eastern Company is 1,250.
What is the annual revenue of The Eastern Company?
Annual revenue of The Eastern Company is $272.75M as on Dec 31, 2024.
What does The Eastern Company do?
The Eastern Company was founded in 1858 and is headquartered in Naugatuck, United States. Operations focus on the manufacturing sector, where industrial hardware, security products, and metal castings are produced. These activities support various industrial applications, with distribution handled primarily in the North American market. Leadership is provided by CEO August M. Vlak, overseeing production and strategic initiatives.
What products or services does The Eastern Company offer?
The Eastern Company offers Vision Systems and Custom-Engineered Hardware.
Is The Eastern Company publicly traded?
Yes, The Eastern Company is publicly traded on NASDAQ under the ticker symbol EML.
How many acquisitions has The Eastern Company made?
The Eastern Company has made 2 acquisitions, including BIG 3 Precision, and Velvac.
What is The Eastern Company's ticker symbol?
The ticker symbol of The Eastern Company is EML on NASDAQ.