STRATTEC SECURITY CORPORATION - Common Stock (STRT)
Frequently Asked Questions About STRATTEC SECURITY CORPORATION - Common Stock (STRT)
How does STRATTEC SECURITY CORPORATION engage with the community?
STRATTEC SECURITY CORPORATION is committed to engaging with the community through various initiatives, including charitable donations, sponsorship of local events, and employee volunteer programs. The company recognizes the importance of corporate social responsibility and aims to make a positive impact in the areas where it operates.
How does STRATTEC SECURITY CORPORATION ensure product quality?
STRATTEC SECURITY CORPORATION is committed to maintaining high-quality standards across its product lines. The company employs rigorous testing and quality control processes throughout its manufacturing and development phases, ensuring that all products meet both industry regulations and customer expectations.
How does STRATTEC SECURITY CORPORATION handle research and development?
STRATTEC SECURITY CORPORATION places significant emphasis on research and development to drive innovation and stay ahead in the automotive security market. The company invests in advanced technologies and collaborates with automotive manufacturers to create next-generation products that meet evolving security needs.
How does STRATTEC SECURITY CORPORATION respond to market changes?
STRATTEC SECURITY CORPORATION's management team closely monitors market trends and consumer demands, allowing them to adapt their strategies effectively. The company engages in continuous market analysis and is nimble in its approach, ensuring that it can pivot to new opportunities as they arise in the fast-paced automotive sector.
Is STRATTEC SECURITY CORPORATION publicly traded?
Yes, STRATTEC SECURITY CORPORATION is publicly traded on the Nasdaq stock exchange under the ticker symbol STRT. Being publicly traded allows the company to access capital markets and offers transparency to investors regarding its financial performance and corporate governance.
What are the benefits of investing in STRATTEC SECURITY CORPORATION?
Investing in STRATTEC SECURITY CORPORATION may provide opportunities for growth as the automotive industry increasingly focuses on innovative security technologies. The company's long-standing reputation, diverse product offerings, and strategic partnerships with manufacturers position it well for potential increases in market demand and profitability.
What challenges does STRATTEC SECURITY CORPORATION face?
STRATTEC SECURITY CORPORATION faces several challenges, including economic fluctuations, competition in the automotive industry, and the rapid pace of technological advancements. Additionally, supply chain disruptions can also impact production and delivery times, requiring the company to remain adaptable in its operations.
What does STRATTEC SECURITY CORPORATION do?
STRATTEC SECURITY CORPORATION is a leading global supplier of automotive locking systems, ignition systems, and related security products. The company specializes in designing and manufacturing innovative solutions that enhance vehicle security and functionality. STRATTEC develops products for key access and locking mechanisms, enabling automotive manufacturers to provide safe and reliable vehicles.
What employee benefits does STRATTEC SECURITY CORPORATION offer?
STRATTEC SECURITY CORPORATION offers a comprehensive benefits package to its employees, which may include health insurance, retirement plans, paid time off, and opportunities for professional development. The company prioritizes employee well-being and promotes an inclusive workplace culture.
What industries does STRATTEC SECURITY CORPORATION serve?
STRATTEC SECURITY CORPORATION primarily serves the automotive industry by providing security solutions to vehicle manufacturers and suppliers. In addition to automotive applications, their technology and products can also be used in various security-related fields, including commercial vehicles and specialty vehicles.
What is STRATTEC SECURITY CORPORATION's mission?
STRATTEC SECURITY CORPORATION's mission is to deliver high-quality, innovative security products that enhance the safety and functionality of vehicles. They aim to provide their customers with best-in-class solutions that meet the evolving demands of the automotive industry while maintaining a strong commitment to sustainability.
What is the company's approach to sustainability?
STRATTEC SECURITY CORPORATION is committed to sustainable business practices and minimizing its environmental impact. The company focuses on energy efficiency, reducing waste in its manufacturing processes, and developing products that meet stringent environmental standards, ensuring that its operations contribute positively to sustainability.
What is the future outlook for STRATTEC SECURITY CORPORATION?
The future outlook for STRATTEC SECURITY CORPORATION is positive as the demand for enhanced automotive security continues to grow. With an increasing focus on autonomous and connected vehicles, STRATTEC is well-positioned to leverage its expertise and innovative capabilities, which could result in new growth opportunities and market expansion.
What markets does STRATTEC SECURITY CORPORATION operate in?
STRATTEC SECURITY CORPORATION operates in various global markets, including North America, Europe, and Asia. They supply products to both domestic and international automotive manufacturers, contributing to their extensive global presence and market reach.
What products does STRATTEC SECURITY CORPORATION offer?
STRATTEC SECURITY CORPORATION offers a diverse range of products, including automotive locks, ignition systems, key fobs, access control systems, and various related electronic security solutions. Their innovations also include transponder keys and smart key technology, providing comprehensive security solutions for automotive applications.
What technological advancements is STRATTEC SECURITY CORPORATION pursuing?
STRATTEC SECURITY CORPORATION is actively pursuing advancements in electronic security technology, including the development of smart locks, keyless entry systems, and enhanced vehicle access solutions. The company is invested in integrating connectivity features that improve user experience while maintaining high security.
When was STRATTEC SECURITY CORPORATION founded?
STRATTEC SECURITY CORPORATION was founded in 1906, originally forming as part of the C. E. DeWitt Company. Over the years, the company evolved, focusing on automotive security and has established itself as a prominent player in the industry. It has continuously adapted to changes in technology and market demands.
Where is STRATTEC SECURITY CORPORATION headquartered?
STRATTEC SECURITY CORPORATION is headquartered in Milwaukee, Wisconsin. This strategic location allows the company to efficiently serve its customer base and collaborate with automotive manufacturers. The Milwaukee area has a rich history in manufacturing, making it an ideal hub for STRATTEC's operations.
Who are STRATTEC SECURITY CORPORATION's key partners?
STRATTEC SECURITY CORPORATION collaborates with major automotive manufacturers and suppliers as key partners in its business model. These partnerships can include joint development projects, supply agreements, and strategic collaborations that enable the company to innovate and expand its product offerings effectively.
Who are STRATTEC SECURITY CORPORATION's main competitors?
STRATTEC SECURITY CORPORATION faces competition from other automotive security and locking system manufacturers such as Valeo, Continental AG, and Delphi Technologies. These companies also specialize in security solutions for the automotive industry, and STRATTEC must continually innovate and provide high-quality products to maintain its competitive edge.
What is the current price of STRATTEC SECURITY CORPORATION - Common Stock?
The current price of STRATTEC SECURITY CORPORATION - Common Stock is 79.13
When was STRATTEC SECURITY CORPORATION - Common Stock last traded?
The last trade of STRATTEC SECURITY CORPORATION - Common Stock was at 3:20 pm EST on December 10th, 2025
What is the market capitalization of STRATTEC SECURITY CORPORATION - Common Stock?
The market capitalization of STRATTEC SECURITY CORPORATION - Common Stock is 317.78M
How many shares of STRATTEC SECURITY CORPORATION - Common Stock are outstanding?
STRATTEC SECURITY CORPORATION - Common Stock has 4.02M shares outstanding.