Eastern Company (The) - Common Stock (EML)

Competitors to Eastern Company (The) - Common Stock (EML)

Allegion plc 

Allegion specializes in security products including locks, doors, and access control systems. They compete with Eastern Company in the security segment through advanced technology and a wide distribution network. Allegion’s investment in digital security solutions and focus on innovation provide them a competitive advantage in modern security needs, which may overshadow EML's offerings.

American Vanguard Corporation 

American Vanguard Corporation focuses on agricultural products, specifically crop protection and seed treatment. They compete with Eastern Company mainly through their diverse product lines and strong relationships in the agricultural market. While EML is known for security and metal products, AVD’s expertise in pesticide formulations gives it an edge in its niche, creating a competitive advantage in a growing sector.

Horizon Global Corporation

Horizon Global focuses on the manufacturing of automotive towing and trailering equipment, entering into competition with Eastern Company through their diversified offerings in security hardware as well. They have a competitive advantage through specialized production capabilities and a niche market presence in transportation-related security products, while Eastern's broader strategy may dilute focus on specialized segments.

Master Lock Company

Master Lock is a well-established brand in the padlock and security industries, directly competing with Eastern Company in specialty security products. Their brand recognition and comprehensive product lineup offer a competitive edge, especially among consumers looking for trusted security solutions. Eastern, while innovative, often has to compete with Master Lock's established reputation and extensive marketing.

The Stanley Works 

Stanley Black & Decker manufactures a broad range of products including security solutions, tools, and hardware. They compete with Eastern Company through their scale of operations and extensive product portfolio. Stanley's market presence and ability to leverage economies of scale provide a significant competitive advantage, making it challenging for EML to keep pace in terms of pricing and product variety.