EX-99.2
5
exhibit992.htm
COMPX PRESS RELEASE DATED 12/28/2012
exhibit992.htm
Exhibit 99.2
COMPX ANNOUNCES THE COMPLETION OF THE SALE OF ITS
FURNITURE COMPONENTS OPERATIONS
DALLAS, TEXAS... December 28, 2012... CompX International Inc. (NYSE MKT: CIX) announced today that on December 28, 2012 it completed the sale of its Furniture Components operations, conducted at its facilities in Kitchener, Ontario, Canada and Taipei, Taiwan, to Knape & Vogt Manufacturing Company for approximately $59 million in cash. Out of consolidated sales of $110.2 million for CompX for the nine month period ended September 30, 2012, Furniture Components represented $46.4 million in sales.
CompX is a leading manufacturer of security products and performance marine components.
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EX - 99 . 2 5 exhibit992 . htm COMPX PRESS RELEASE DATED 12 / 28 / 2012 exhibit992 . htm Exhibit 99 . 2 COMPX ANNOUNCES THE COMPLETION OF THE SALE OF ITS FURNITURE COMPONENTS OPERATIONS DALLAS , TEXAS ... December 28 , 2012 ... CompX International Inc . ( NYSE MKT : CIX ) announced today that on December 28 , 2012 it completed the sale of its Furniture Components operations , conducted at its facilities in Kitchener , Ontario , Canada and Taipei , Taiwan , to Knape & Vogt Manufacturing Company for approximately $ 59 million in cash . Out of consolidated sales of $ 110.2 million for CompX for the nine month period ended September 30 , 2012 , Furniture Components represented $ 46.4 million in sales . CompX is a leading manufacturer of security products and performance marine components . * * * * *
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