The Eastern Company (AMEX:EML) will release the third quarter earnings for 2009 on Wednesday, October 21. The financial results will be posted in a press release on the company’s website, www.easterncompany.com.
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The Eastern Company is in the business of manufacturing and selling of industrial hardware, security products and metal products from four United States operations and six wholly owned foreign subsidiaries. The Company maintains nine physical locations. Effective January 11, 2008, the Company acquired certain assets from Auto-Vehicle Parts Company that included a certain product line owned by one of its divisions, the F.A. Neider Company (Neider). Neider produces the footman loop products, or strap fasteners, which are used to fasten straps, traps, tools, and cargo to a vehicle, container, or trailer. Neider manufactures footman loops used in various markets, which include military, aerospace, service body, and trailer. The footman loop product line was integrated into the Company’s industrial hardware segment.
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