STRATTEC SECURITY CORP

STRATTEC SECURITY CORP is a global automotive access company that designs and delivers safe, secure, and highly engineered access solutions for the automotive and mobility markets. The company partners with OEMs to create system-level access experiences for end consumers. Its product portfolio covers three main areas: Permission, Motion, and Hold. Permission products enable secure vehicle entry through advanced mechanical and electronic systems. These include 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 delivers these products directly to OEM customers and through its aftermarket channel. The company also provides vehicle door handles through its joint venture, utilizing world-class injection mold and assembly capability with high-quality paint processes. Motion products provide powered access and movement, including power sliding doors, power tailgates, and lift gate systems, as well as power deck lid systems. Hold products provide precision-engineered latching solutions. While primarily focused on key North American automotive original equipment manufacturers ("OEM"), STRATTEC also provides its products globally to customers in both OEM and aftermarket channels. The company highlights its engineering expertise, ability to deliver customized solutions, and its quality and delivery performance as key advantages.