STRATTEC SECURITY CORPORATION

Strattec designs and manufactures highly engineered automotive access products, serving the automotive industry for over 100 years and incorporated as a stand-alone company in 1995. Headquartered in Milwaukee, Wisconsin, the company oversees operations in the United States and Mexico, serving a global customer base. Strattec primarily focuses on key North American automotive original equipment manufacturers (OEMs) but also supplies products globally to both OEM and aftermarket channels. The company's product portfolio includes security and authorization solutions, as well as vehicle access systems. Security and authorization products encompass mechanical and electronically enhanced locks and keys, fobs, passive entry passive start systems, digital key, steering column and instrument panel ignition lock housings, and related solutions. Strattec established its market position with North American automotive customers through its mechanical locks and keys, delivering these products directly to OEM customers and through its aftermarket channel. Vehicle access products, derived from a fiscal 2009 acquisition, include power sliding doors, power tailgates and lift gate systems, and power deck lid systems. These highly-engineered systems feature drivetrain mechanisms, complex latching mechanisms, and electronic control units.